Life was simpler back in 2012 when our iPods shuffled between Gangnam Style, Titanium and Call Me Maybe. Little did the rest of the world know that Hallyu, or the Korean Wave, was heading westward to immerse them in a world of fierce fandoms and merch memorabilia worth nearly $5…

and the fight it is leading on an entire continent. In past posts, we have explored how the discovery of oil and the regulation of oil by the state can turn the lives of a nation’s citizens. However, the abuse of power and the naivety of the people also play…

Today we are not Echonomics, but a team project, Echonomix. In the true spirit of collaboration and teamwork, a couple of friends and I are proud to announce our online publication, Echonomix. Life has never been more overburdening and while it might become easy to binge-watch episodes of The Office, Michael Scott’s sass can only become so amusing till it becomes mind-numbing. So I encourage you all, read, write, create! Who knows, your rival paper company might overthrow one in the upper northeast Scranton?

“If I was the president of the country, I would just print more money and make all problems go away”. Said no one ever. Except for the former Zimbabwean president Robert Mugabe. And in a twisted way, some Money Heist fans who haven’t seen season 4 yet. In the 90s…

With deep-seated roots in the colonial era, the Haj subsidy was formalised in the 1959 Haj Committee Act. This mandated the Indian government to provide Muslim pilgrims with a subsidy in the form of discounted airfares and non-airfare assistance like lodging, medical care and meals annually. All until 2018. In…

The City of Dreams, Mumbai. Built on a peninsula, the limited square footage of land available for housing in the emerging metropolis of Mumbai garnered government attention in the 1940s. …

How the US became the biggest beneficiary of an economic alliance that threaterned to disrupt its market. Founded in 1960 with member countries Saudi Arabia, Iran, Iraq, Kuwait and Venezuela, the Organisation of Petroleum Exporting Countries, or OPEC, is easily the fiscal world’s most infamous cartel. NATURE OF A COLLUSIVE OLIGOPOLY By economic definition, a…

How the transformation of a renewable resource into a non-renewable, patented commodity in India’s cotton belt led to vast farmer suicides. Nero’s Guests is a 2009 documentary directed by Deepa Mehta featuring P Sainath, the Rural Affairs Editor for the Hindu. At its best, the documentary is an overwhelming report…