Term of the Week: Banana Republic

By Medha Arora, Deputy Editor Trigger warning: Suicide, Death Following Hindi film industry actor Sushant Singh Rajput’s death by suicide, was an indelicate media trial of his former girlfriend Rhea Chakraborty, who was accused, by the media and public at large of being responsible for his death, from abetting his suicide to murder. Most TV [...]

Term of the Week: Tournament Theory

By Shreyanka Pal, Deputy Editor Have you ever wondered why your boss makes obscene amounts of money while you, a downtrodden cubicle slave, toil with almost no reward? Or, have you ever questioned why the winner of Wimbledon is showered with a profusion of honours whereas the runner-up, who has also battled his way to [...]

Term of the Week: Jevons Paradox

By Shreyanka Pal, Deputy Editor Increasing energy efficiency is driving up the global energy consumption and carbon dioxide emissions – sounds pretty counterintuitive doesn’t it? Most people would believe that technological advances that enable us to increase efficiency would nudge us to consume less in order to maintain the same lifestyle. While this efficiency-for-conservation logic [...]

Term of the Week: Dutch Disease

By Medha Arora, Deputy Editor A sudden discovery of a valuable natural resource or coveted raw material that could lead to an exponential increase in the wealth of a country could be nothing but great news, right? Well, unfortunately, not always. Often such discoveries could have severe negative consequences on the economy, affecting other sectors, [...]

Covid-19: How Can You Read the Flood of Data?

By Sakshi Dhawan, Deputy Editor Probabilistic Biases You are standing in a pitch dark room. A buzzer goes off, illuminating a statistic on the ‘climate crisis’: we have only till 2030 to prevent irreversible damage from climate change. As soon as your eyes are done crawling over this statistic, another buzzer goes off, this time [...]

Term Of The Week- Disaster Capitalism

By Devika M, Junior Editor The term, originally coined by author Naomi Klein in her 2007 book, ‘The Shock Doctrine: The Rise of Disaster Capitalism’, talks about how governments are better able to push for more free-market policies that benefit the top 1% by exploiting their citizen’s disorientation in times of a crisis. They also [...]