Yerzhan Tokbolat, Queen’s University Belfast and Moldir Mukan, Queen’s University Belfast The UK and the EU have agreed to hit Russia with a raft of new economic sanctions after hopes of a ceasefire with Ukraine came to nothing. One French minister commented that it is time to “suffocate” the Russian economy. Since the country’s fullscale… Read More »
By Amitrajeet A. Batabyal, Rochester Institute of Technology – President Donald Trump has long been preoccupied by the trade deficit — the gap between what the U.S. sells to the rest of the world and what it buys from it. He recently declared the issue a national emergency and used trade deficit data to calculate… Read More »
President Trump fancies himself as antiwar, but not when it comes to a trade war. Trump has upended conventional Republican economic policies by using tariffs, a tax on imports, to coerce changes in American’s trade relationships with the world. President Trump has convinced a lot of conservative economists to support is tariff policies in a… Read More »
Adam Smith’s Law of Supply and Demand, also known as the law of markets, is a fundamental principle in economics that describes the relationship between the supply of a product or service and the demand for that product or service. According to this law, the price of a product or service in a free market… Read More »
Big data is integral to the advancement and operation of Artificial Intelligence (AI). The interplay between big data and AI is interdependent: AI frameworks need extensive data to gain insights, forecast outcomes, and enhance over time, whereas big data supplies the foundational resources essential for training and evolving AI technologies. The primary functions of big data in AI include: 1. Training AI ModelsA fundamental application of big data within AI lies in the training phase. Machine learning (ML), a branch of AI, depends on substantial datasets to uncover trends and develop predictive models. The broader and more varied the data, the more proficiently the model can adapt and function with novel data. For instance:… Read More »
By Ross Bennett-Cook, Leeds Beckett University The United States is one of the top three most visited countries in the world. The big draw cards – cities such as San Francisco, New York and Chicago and national parks such as Yosemite – have attracted international tourists for decades. This combined with its role as a… Read More »
What we refer to as leftwing economics is not monolithic. Communism, socialism, and liberalism are prominent political ideologies that have distinct approaches to economics. By examining their economic systems and views on private ownership, we can better understand the similarities and differences among these ideologies. This essay focuses on comparing and contrasting the economic aspects… Read More »
5/10/2023 – Michael Humphries, Touro University Congressional leaders at loggerheads over a debt ceiling impasse sat down with President Joe Biden on May 9, 2023, as the clock ticks down to a potentially catastrophic default if nothing is done by the end of the month. Republicans, who regained control of the House of Representatives in… Read More »
Striking workers picket outside of Warner Bros. Studios on the second day of the Hollywood writers strike on May 3, 2023, in Burbank, Calif. David McNew/Getty Images David Arditi, University of Texas Arlington The current Hollywood writers strike has drawn international attention to the plight of TV and film writers in the streaming era. Much… Read More »
Forget real sneakers – soon we’ll be more worried about the digital variety. naratrip2 By Achilleas Boukis, U of Birmingham | June 1, 2022 Luxury fashion house Prada has a scheme for customers who want something even more exclusive than its usual range of clothing and accessories. Each month, on a first-come first-served basis, the… Read More »