Graduate Fellow Editor
Human beings are perhaps cognitively wired for reacting faster to events that come as a sudden shock or stimulate loyal sentiments connected with social identity (race, religion, nation, etc.) than to processes spread over a longer period of time. Thus, the urgency of response by governments across the world to the 9/11 attacks, the COVID-19 pandemic, and global warming lie along a line facing southward while these events unfolded or are unfolding in ascending order of time duration. This cognitive bias manifests itself despite the fact that the likelihood of these three events threatening the survival of our species varies from least to most likely respectively.
Continue reading “After COVID-19: Implications on International Organizations and the Global Order”
by Tanvi Bajaj
Blockchain has quickly risen in prominence as an impressively secure and technologically savvy way to record financial transactions. An immutable ledger of information, it was created in order to eliminate the third party source (aka the bank) that people are forced to rely on in order to transfer money. Premised on an agreement by a party of three or more people who record each transaction, blockchain is one of the safest ways to protect valuable financial information. After each “block” of transactions has been recorded, it is sealed by all members of the party using a hash function which not only keeps the information more secure, but also protects it from corruption and mishandling.
Continue reading “Blockchain: An Unlikely Advocate for Women”
The globalized, industrialized, and incessantly-driven economic world that we live in is similar to an amateur riding a bicycle. The moment he bears a shock, there is a genuine fear of halting down and falling off the ridge. The COVID-19 Pandemic is fast-emerging as the greatest shock of our times to the world economy.
Graduate Fellow Writer
With curfews enforced by governments to save lives and ceasing of the economic activity, a recession has already begun. It is no wonder that every single indicator of economic activity is heading southward. Industries have closed down, roads are empty, flights are being canceled, and small-businesses are crashing. Even large corporations have begun to bleed. There are genuine doubts about when things will start to become normal again. As companies have started to layoff employees and roll back on hiring, this is the worst time to graduate from college for those entering the job market.
Continue reading “The Economic Disaster Wrought by COVID-19”