( By Rama Vivek Gulavani, Junior Editor ) The year was 1919, when the Palace of Versailles stood on the outskirts of Paris, waiting to create global history. The marble walls of the hall of mirrors had the presence of 27 delegations representing 32 powers. The four representatives of the principal allied powers—France, the USA, [...]
Category: Economics of War
Counting the cost of freedom
By Junior Editor, Gitika Arora According to the Global Slavery Index, there are an estimated 40.3 million people who are victims of modern slavery worldwide. Shocking, right? This can take many forms, including forced labor, forced marriage, and human trafficking. Unfortunately, this is a growing global problem that affects people of all ages, genders, and [...]
Fun Fact : Women, War And Restaurants
By Gitika Arora, Junior Editor Downton fans will remember that it took Carson - The Butler, an anxiety attack to finally stomach the fact that women were going to serve in the great hall. While today, when you think of servers the picture of a “sassy” waitress pops up popularised by the likes of Penny [...]
The Cuban Missile Crisis: A Game-Theoretic Perspective
By Yashovardhan Singh, Hindu College “The most terrifying moment in my life was October 1962, during the Cuban Missile Crisis. I did not know all the facts- only recently I realised how close we were to war - but I knew enough to make me tremble” -Joseph Rotblat One of the most terrifying moments of [...]
Economics of Prolonged Occupation
By Shreyanka Pal, Chief Editor and Riya Kalia, Junior Editor More often than not the complexity of economic relations in prolonged occupation is lost in the conventional language used to describe them. When we look at the economic relationship between an occupied territory and it’s occupier through the narrow lens of interdependence, we miss the [...]
‘Minesweeper’ is no longer the only battlefield on your computer
By Medha Arora, Deputy Editor and Deshna Saraogi, Junior Editor Source Weapons of war have greatly evolved over centuries. From swords and spears to rifles and machine guns; horses and chariots to tanks, to eventually nuclear power and satellites. But it’s not just the weapons, it’s also the dimensions or spaces and even the doctrines [...]
The Economics of Troy
Economics has been the silent player in every war fought, both in literature and in the real world.