Author Archives: gids gids

By Steve Lohr Published in The New York Times on January 11, 2022   Daron Acemoglu, an influential economist at the Massachusetts Institute of Technology, has been making the case against what he describes as “excessive automation.” The economywide payoff of investing in machines and software has been stubbornly elusive. But he says the rising inequality resulting […]

By Sarah Saleh Published in DAWN on January 13, 2022 THROUGHOUT the course of history, numerous economic theories have emerged as a response to global crises. Within capitalism itself, many economic theories have flourished by countering economic problems and restoring equilibrium. For instance, the classical model of economics founded by Adam Smith was perfect for the 19th[…]

By Dr Hafiz A Pasha Published in Business Recorder on January 11, 2021 The first six months of 2021-22 have come to an end. This is an appropriate time to identify the ongoing economic trends from the viewpoint of assessing the prospects for the remainder of the year. Highlighted below are some of the positive and the[…]