Tea, Taxes, and Treasures: How the British Raj Built an Empire on Chai

By Shreya Srikoti, Deputy Editor The sunsets over the rolling hills of Assam hold more than just natural beauty; they bear witness to a chapter of history where a simple leaf transformed into a powerful tool of imperial power and economic dominance. The British colonial administration's strategic cultivation of tea in India was no mere [...]

Fun Fact: The Alimony Post Partition

by Surabhi Chhikara, Deputy Editor At the stroke of the midnight hour when the whole world slept, India had just woke up from the long nightmare of colonial subjugation on 15th August 1947. With this nightmare over, began another- the Partition. The division of a nation into the two- India and Pakistan- not only meant [...]

Fun Fact: Nightlights, a brighter way to measure development

By Bharati J Krishnan, Deputy Editor One method that economists use to gauge the development of an area is by analyzing images of that part of earth taken at nighttime. Night-time lights have been used for the proxy-measurement of various indices of development. For example, this study focuses on how nightlights have a positive association [...]

Fun Fact- Neuroeconomics

By Devika M, Editor-in-Chief Neuroeconomics is a unique blend of economies, psychology and neuroscience. It involves analysing the functions of the brain behind decision-making. The aim of studying neuroeconomics is to fill certain gaps indecision making by humans that don't necessarily comply with conventional economic theories. For example, rational choice theory suggests that investors will [...]

Fun Fact: Is Jeff Bezos trespassing?

By Shreyanka Pal, Editor-in-Chief The last decade has seen the emergence of various news articles claiming certain persons have purchased a plot of land on the moon. As amusing as that sounds, how does the market for extraterrestrial real estate work? Do they have the same implications as buying land on earth, or is the [...]