Discover how a bankrupt Venetian merchant's risky trade for pepper led to a gateway of riches, and how spices became the marquee good of medieval high society.

Rural areas face unique challenges in accessing support and navigating the welfare system, leading to increased poverty and vulnerability. Newcastle University's research highlights the importance of local knowledge and community organizations in addressing financial hardship in rural areas. Find out how policies can be improved to better support those living in remote and island areas.

Uncover the sinister world of diamond smuggling and its devastating impact on the people of Sierra Leone in Greg Campbell's Blood Diamonds. Follow the trail of these "blood diamonds" from West Africa to the hands of unsuspecting consumers worldwide, revealing the complicity of the international diamond industry. Through his award-winning journalism, Campbell exposes the brutal realities of the rebel war and the policies that have allowed this tragedy to occur. This gripping tale is a must-read for anyone interested in global issues, international trade, and human rights abuses." Recommended for those interested in international relations, economics, and social justice, Blood Diamonds sheds light on the dark and dangerous world of diamond smuggling. Greg Campbell's investigation into this global issue reveals the complicity of the international diamond industry and the devastating impact on the people of Sierra Leone. This book is particularly relevant for students of international trade, human rights, and conflict resolution, as well as professionals in the diamond industry and those interested in social justice causes. The updated epilogue provides valuable insights into the ongoing repercussions of this tragedy.

Despite centuries of economic stagnation, Africa possesses latent assets that could lead to economic prosperity. This research identifies three specific assets - meritocracy, scepticism of authority, and cosmopolitanism - that could be the foundation for building inclusive and effective political institutions. We explore the history and culture of Africa to understand how these assets have developed and how they can be leveraged for economic growth.

Imagine traveling on a high-speed train from Cape Town to Tunis, passing by the best universities in the world, breathtaking farmland, bustling metropolises, and vast solar panels. This is the promised land of Africa, a continent that powers the global economy and is unified into a shared economic and political vision. By learning about the history of Africa's resource control and rejection of Western development aid, you can understand how the continent is now able to prosper without interference. This knowledge not only benefits you intellectually but also practically, as it offers an escape to those in the Diaspora trapped in the West facing racism, poverty, and criminal injustice. Explore this topic through reading, reflection, writing, and self-directed projects, and discover the wealth of knowledge and opportunities that Africa has to offer.

In "Bad Samaritans," economist Ha-Joon Chang challenges the conventional wisdom of free-market globalization and its champions like Thomas Friedman. Using humor and historical examples, Chang argues that protectionism and government intervention are the true keys to prosperity for today's economic superpowers. He exposes the myths of free-market ideology, including the hypocrisy of patent and copyright protection, and the false assumption that centrally planned economies stifle growth. This provocative and contrarian history of global capitalism will challenge your assumptions and make you think twice about the policies we force on developing nations. Recommended for students of economics, political science, and global studies, as well as anyone interested in the history and politics of globalization and economic justice. This book will appeal to those who question the orthodoxies of free-market capitalism and want to explore alternative models of economic development. It will also be of interest to activists and policymakers concerned with the impact of globalization on developing nations and the role of government in promoting economic growth. Chang's engaging style and irreverent wit make this a thought-provoking and accessible read for anyone seeking a deeper understanding of the complex issues surrounding global capitalism.

Are you curious about how the world's economy has shifted over the past two centuries? Richard Baldwin's 'The Great Convergence' offers a fresh perspective on globalization and its impact on the world's income distribution. Baldwin explains how the industrial revolution and information technology have driven the Great Divergence and the Great Convergence, respectively. This insightful book explores the challenges that nations face in maintaining growth and social cohesion in our rapidly changing global economy. Discover how technological advancements have transformed the way we think about globalization and its impact on our world today." Recommended for economics students, policymakers, and anyone interested in understanding the changing landscape of the global economy. This book is particularly relevant for those interested in the impact of technology on globalization and its effects on income distribution. The author's analysis of the Great Divergence and the Great Convergence offers a unique perspective on the history and future of globalization. This book is also relevant for those interested in the challenges that nations face in maintaining growth and social cohesion in our rapidly changing world.

Contrary to popular belief, small businesses can benefit from minimum wage increases. A new study from UC Berkeley shows that higher wages lead to less turnover, increased productivity, and better recruitment. The study challenges the conventional wisdom that small businesses suffer more from higher labor costs and are more likely to cut jobs. The findings have significant implications for public policy and reduce poverty and financial insecurity.

Heat waves caused by climate change have already cost the world economy trillions of dollars since the early 1990s, with the world's poorest and lowest carbon-emitting nations suffering the most. A Dartmouth study stresses the immediate need for policies and technologies that protect people during the hottest days of the year, particularly in the tropics and the Global South where the warmest and most economically vulnerable nations are located. The study also highlights issues of climate justice and inequality.

Economics is the scientific investigation of how human societies utilize limited resources to satisfy their desires and demands. It offers a comprehensive view of how people, corporations, and authorities determine the most efficient methods of generating, exchanging, and consuming products and services to achieve their objectives. One of the most interesting aspects of Economics is the way it applies to real-world scenarios. For example, how the price of a particular good affects consumer behavior, or how international trade agreements can impact economies on a global scale. This makes it a relevant and meaningful subject to study. The field of Economics is constantly evolving, with new research and innovations being produced all the time. For example, the recent Nobel Prize-winning work of Esther Duflo and Abhijit Banerjee in the area of development economics, which looks at ways to alleviate poverty and improve the lives of people in developing countries. The work of Paul Krugman in international trade and Joseph Stiglitz in information economics are also important contributions to the field. At the undergraduate level, typical majors in Economics include microeconomics, macroeconomics, econometrics, and international economics. These modules provide students with a foundation in economic theory, statistical analysis, and problem-solving. From there, students can specialize in areas such as financial economics, environmental economics, or public policy. A degree in Economics can lead to a wide range of careers in various industries. Some examples of potential jobs include financial analyst, market research analyst, economist, data analyst, and policy analyst. Notable employers in this field include the World Bank, International Monetary Fund, and Federal Reserve. Additionally, many private companies such as Amazon and Google hire economists to help with business strategy and analysis. To succeed in Economics, it is helpful to have strong analytical and problem-solving skills, as well as an interest in current events and trends. Students who enjoy math and data analysis will also find this subject rewarding.

The center of gravity of the urban world is shifting towards emerging markets, with China leading the way. By 2025, 136 new cities are expected to enter the top 600, and middleweight cities are predicted to contribute more than half of global growth. MGI's Cityscope database provides insights for companies and policymakers to navigate the increasing complexity of larger cities.

The Imperial College Business School conducted a study that reveals the wealth gap in the US has grown faster than in Europe, and the primary cause of this phenomenon is the significant increases in stock market prices. The research aims to explore the reasons behind the growing wealth inequality in the US and identify the necessary actions to address it.

Food has always been an integral part of culture, and it has the power to break down cultural barriers and stereotypes. Sriracha sauce is one such example of a food item that has brought people together from different cultures and backgrounds. In this write-up, we will explore how Sriracha sauce has become a symbolic product in the global food trade, its cultural significance, and how it has contributed to breaking down stereotypes through cross-cultural exchanges. Firstly, let's take a closer look at the history of Sriracha sauce. It originated in Thailand, where it was traditionally made with chili peppers, vinegar, garlic, sugar, and salt. The sauce gained popularity in the United States when David Tran, a Vietnamese immigrant, started producing and distributing his own version of the sauce under the brand name "Huy Fong Foods." Today, Sriracha sauce is a staple condiment in many American households and has become a global phenomenon, with companies producing their own versions of the sauce in countries such as Australia and South Africa. Sriracha sauce has become a symbolic product in the global food trade, and its popularity has contributed to the breaking down of cultural barriers. The sauce has been incorporated into different cuisines and cultures worldwide, from Japan to Mexico to Australia. This has created opportunities for cross-cultural exchanges and has helped to break down stereotypes and prejudices that exist between different cultures. In addition to its cultural significance, Sriracha sauce has also had a significant impact on the global food trade. It has become a sought-after product, with companies such as Huy Fong Foods exporting their sauces to countries such as Canada, Australia, and Europe. However, the global trade of Sriracha sauce has not been without controversy, as it has been the subject of trade wars between the United States and countries such as China. Academic experts in the field of food studies have explored the cultural and economic significance of Sriracha sauce in depth. One such expert is Krishnendu Ray, a professor at New York University who has written extensively on the cultural and economic implications of the global food trade. In his book "The Ethnic Restaurateur," Ray explores how the growth of the global food trade has impacted the restaurant industry and has contributed to the breaking down of cultural barriers. In conclusion, Sriracha sauce is more than just a condiment; it is a symbol of cross-cultural exchanges and breaking down stereotypes. Its popularity has contributed to the global food trade and has provided opportunities for people from different cultures to come together and share their culinary traditions. By exploring the cultural and economic significance of Sriracha sauce, students can gain a deeper understanding of the power of food in promoting cultural understanding and breaking down barriers.

Capitalism is an economic system that has been around for centuries and is based on buying and selling goods and services for profit. It operates on the laws of supply and demand, with traders selling their goods at the highest possible price while competition keeps prices efficient. Learning about capitalism can help students understand the relationship between capital and labor, as well as the power dynamics that can arise when capitalism gains too much power. Additionally, studying capitalism can help students understand the inequalities of wealth that can arise from it and the need for checks and balances. While there are criticisms of capitalism, it remains a dominant economic system in the world today. By exploring this topic, students can gain a deeper understanding of the economic forces that shape our world and make informed decisions about their own financial futures.

Jaron Lanier, the father of virtual reality, presents a daringly original critique of our digital networks in his book, "Who Owns the Future?". He argues that the concentration of money and power in these networks has led to the recession, endangered privacy, and hollowed out the middle class. Lanier predicts how technology will transform our humanity and offers a path towards a brighter future, proposing an information economy that rewards ordinary people for what they do and share on the web. This provocative and deeply humane book is a must-read for anyone interested in the intersection of technology, economics, and society. Recommended for students of economics, computer science, sociology, and political science, as well as professionals in the tech industry and policymakers interested in the impact of technology on society. The book's exploration of the concentration of money and power in digital networks and its effects on the economy, privacy, and the middle class is relevant to anyone concerned with the future of work and the role of technology in shaping society. Furthermore, Lanier's proposal for an information economy that values the contributions of ordinary people offers a refreshing alternative to the current state of affairs.

Urban inequalities refer to the disparities and imbalances in opportunities, resources, and outcomes among different groups of people living in urban areas. This includes issues such as poverty, housing insecurity, racial and ethnic disparities, access to education and healthcare, and more. One of the leading academics in the field is sociologist and author, Loic Wacquant. Wacquant argues that the root causes of urban inequalities can be traced to broader social, political and economic structures and processes. He has written extensively on the ways in which the state and market forces interact to produce and reinforce urban inequalities, particularly in the global North. Another important figure in the study of urban inequalities is economic geographer David Harvey. Harvey has famously argued that urban inequalities are a result of the way that capitalism functions, and has developed the concept of "spatial fixes" to describe how capital seeks out new and profitable opportunities in the urban environment. The statistics on urban inequalities are staggering. For example, it has been estimated that in the United States, the poverty rate for urban residents is over double that of rural residents. Median incomes in rural areas of the Northeast and Midwest ($62,291 and $55,704 respectively) were higher than in the regions’ urban areas ($60,655 and $51,266) while that in the South and West ($50,989 and $58,541) were higher than in rural areas ($46,891 and $56,061). However, across all four regions, poverty rates were consistently lower for rural residents. In many cities around the world, racial and ethnic minorities are more likely to live in poverty and experience housing insecurity. The COVID-19 pandemic has only exacerbated these disparities, with low-income urban residents being disproportionately affected. Despite the challenges, there are also inspiring stories of communities and individuals working to address urban inequalities. For example, community-led organizations in cities like Detroit and Baltimore are working to revitalize neighbourhoods and provide resources and support to residents. Activists and advocates are also pushing for policy changes at the local, state and national levels to address the root causes of urban inequalities.

Enter the mind of Adam Smith, the father of modern economics, and explore his magnum opus, 'The Wealth of Nations'. This classic work, considered the first modern work of economics, delves into the nature and causes of wealth in society. Smith's insights on political economy and moral philosophy continue to shape economic thought today. With an unabridged and illustrated eBook report, readers can navigate through Smith's complex ideas with ease. Discover the antidote to superstition and enthusiasm with 'The Wealth of Nations'." Recommended for students of economics, political science, and philosophy, as well as anyone interested in the history of economic thought. This book provides a foundational understanding of modern economics and the role of government in shaping economic policy. Additionally, those interested in the intersection of morality and economics will find Smith's insights on the subject thought-provoking. The book is also valuable for professionals in the fields of finance and business, as it offers a historical perspective on the evolution of economic systems. Overall, 'The Wealth of Nations' is a must-read for anyone seeking to deepen their understanding of economics and its impact on society.

How did the Winnebago tribe of Nebraska turn their extreme poverty into prosperity through self-determination? Learn how their success story is inspiring Harvard's Project on Indigenous Governance and Development.

Technology has been a driving force in shaping our world and shaping the future. With the advancement of technology, come new challenges and opportunities. One such challenge is the taxation of technology. Did you know that technology companies are among the largest tax evaders in the world? According to a study by the European Commission, the top 30 tech companies in the EU pay an effective tax rate of just 9.5%, compared to the average 23.2% for other companies. This raises questions about the fairness and sustainability of our tax systems in the digital age. Leading academics in the field, such as Gabriel Zucman and Matthew Kirshner, have proposed solutions such as a global minimum tax rate for multinational companies and a tax on digital revenues. They argue that such measures are necessary to ensure that technology companies pay their fair share and to fund public goods, such as education and infrastructure, that are essential for technological progress. But what are the potential consequences of such measures? Some experts, such as Alex Cobham, warn that a global minimum tax rate could lead to a race to the bottom, as countries compete to lower their tax rates to attract investment. Others, such as Dhammika Dharmapala, argue that a tax on digital revenues could hurt innovation and stifle competition. As young academics, it is important to explore these issues and to think critically about the role of technology and taxes in shaping our future. By exploring these themes and developing your critical thinking skills, you can become informed citizens and active participants in shaping the future of technology and taxes.

Are you fascinated by current world events and the interactions between nations, cultures, and societies? Do you want to explore the complexities of global politics and diplomacy? If so, studying International Relations at university undergraduate level might be the perfect fit for you. International Relations is a dynamic and ever-changing field of study that examines the relationships between countries and how they interact with each other on a global scale. It delves into the complexities of international politics, economics, and culture, and explores how these factors shape the world we live in. One of the most appealing aspects of studying International Relations is the opportunity to learn about real-life examples of international relations at work. From the UN peacekeeping missions to the Paris Climate Agreement, you will learn about some of the most significant events and agreements in modern history. You will also get to study the works of well-known academic figures such as Joseph Nye and Samuel Huntington, who have contributed groundbreaking theories to the field. At the undergraduate level, typical majors and modules include International Political Economy, Global Governance, and International Security. You can also specialize in areas such as Middle Eastern Studies or Human Rights, depending on your interests. For example, you could study the role of women in conflict resolution in the Middle East or analyze the impact of climate change on global security. After completing your degree, there are numerous potential career paths you could take. You could work in government agencies or think tanks, consulting firms, or international organizations such as the United Nations or the World Bank. You could also work in the private sector, with companies such as Google or ExxonMobil, who have a global presence and need employees with an understanding of international relations. To succeed in this field, it's helpful to have a strong interest in current world events and a desire to understand how they fit into the bigger picture. Strong analytical and critical thinking skills are also crucial, as is the ability to communicate effectively and work well in a team. So if you're passionate about global issues and want to make a positive impact on the world, studying International Relations at university undergraduate level could be the perfect choice for you.