Clara Goddard ESA McGill Clara Goddard ESA McGill

Is it Fare?: In Defence of Uber’s Surge Pricing

Uber, operating in over 70 countries with 93 million monthly users, faces criticism for its surge pricing during peak hours, but this pricing strategy, deemed surge pricing rather than price gouging, serves as a dynamic market approach appreciated by economists. Despite customer complaints, surge pricing efficiently allocates rides to those in urgent need, benefits drivers by offering incentives for challenging shifts, and serves as a valuable model for understanding supply and demand dynamics, contributing to the ongoing debate on anti-gouging laws and market efficiency.

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Anvita Dattatreya ESA McGill Anvita Dattatreya ESA McGill

Another Bursting Bubble: The Housing Crisis in Canada

Canada, having navigated the 2008 financial crisis, now faces a housing bubble, especially in cities like Vancouver and Toronto, with warnings from the IMF on high personal debt. As rising interest rates pose concerns, the government must delicately balance addressing inflation while preventing potential disruptions in the housing market, emphasizing the need for a multifaceted approach and collaboration among stakeholders for a sustainable housing market.

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Nicholas Stanfield ESA McGill Nicholas Stanfield ESA McGill

From Trilemma to Triumph: Does the Windsor Framework do Enough to Quell Uncertainty Around Northern Ireland-Irish Trade?

The Windsor framework, showcased by Prime Minister Rishi Sunak, attempts to address the Brexit Trilemma concerning Northern Ireland-Irish trade. While welcomed for easing certain trade frictions, concerns from the Democratic Unionist Party raise questions about its long-term stability and impact on Irish land and sea trade, highlighting the delicate balance needed to navigate economic and political challenges in post-Brexit relations.

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Romain Perusat ESA McGill Romain Perusat ESA McGill

The Barriers to Bridging the Infrastructure Gap through Private Financing

Highlighting a projected $15 trillion global infrastructure investment gap by 2040, the focus is on the inefficiency and insufficiency of current expenditure. Exploring private sector infrastructure funds, the emphasis is on the appeal to investors and the substantial unallocated capital, with a proposal to address risk management through innovative public-private partnerships to unlock essential project funding.

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Nicholas Stanfield ESA McGill Nicholas Stanfield ESA McGill

Brace for Impact: Boeing's Most Recent Scandal

Boeing faces a crisis as safety concerns and a decline in engineering standards raise questions about its future. The company, criticized for a shift in corporate culture after its 1997 merger with McDonnell Douglas, must address safety issues and restore an engineering-focused approach under the leadership of CEO Dave Calhoun to prevent further decline and maintain competitiveness against Airbus.

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Romain Perusat ESA McGill Romain Perusat ESA McGill

The Growing Need for PPPs

Public-Private Partnerships (PPPs) leverage private partners to provide public goods with reduced state capital at risk, making them attractive amid debt crises. PPPs, such as Canada's Samuel de Champlain Bridge, benefit from efficient risk management during construction, though optimal risk allocation requires careful negotiation to address complexities and viability gaps, ensuring the alignment of incentives for both parties.

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Veronica Valenti ESA McGill Veronica Valenti ESA McGill

DON’T BURY YOUR HEAD IN THE SAND: The Silent Crisis of the World’s Most Mined Mineral

Sand mining however is not unique to India, from Cambodia to California sand mining has been a rampant practice in resource extraction for decades. Villagers like those in Badhadih are unfortunately not the only peoples to be placed in danger from indiscriminate mining as the foundation of infrastructure, river culverts and ecosystems become so heavily manipulated. 

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