Christmas and Consumerism, a Brief History

Christmas is an old and storied tradition, drawing upon centuries of rituals and beliefs so that people around the world can enjoy a shared celebration of fellowship and gift-giving. People reunite with relatives, children stay up way later than they would be allowed in the rest of the year, and people sing in the streets….

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Mental Health is About More Than the Individual

More often than not, workplace culture is associated with productivity, competitiveness, anxiety over deadlines, and other aspects that often add to the pressure and stress of employees. Especially with the ongoing global pandemic, in such uncertain times, the mental health of employees is of greater concern than ever before. Fortunately, in recent times, there has…

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Heading South to Beat the Heat

Photo by Robert Stansfield As most of North America suffers from a massive heatwave, many of us are dreaming of cool turquoise seas, white sandy beaches, and coconut cocktails. It may seem strange, but the best thing to do when it gets too hot is to head south across the border towards the Equator. Due…

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Dealing With the Recent Inflation Spike

The American economy is beginning to recover from the recent reopening of the country after a years-long pandemic. This, however, has brought upon a looming presence that many economists worry may signal a change for the worse in the economy. This threat is inflation and the recent spike it has seen in the last few…

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Helping SMEs Digitalize

As the world begins to emerge from the shadow of COVID-19, it is time to take stock of how the pandemic has changed the very fabric of our society. While it is an indisputable truth that there are some things that have been changed forever, not all of the changes we have seen over the…

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Learning Loss Could Impact Colleges

The lockdowns around the world during 2020 and 2021 have had profound effects on the way we live, and no sector has been more impacted by these than education. Here in the US, high school students have not experienced a normal year of learning. Many classes have been either completely remote or conducted in hybrid…

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The Unfair Advantages of the Tech Literate

When Internet Relay Chat (IRC) entered our lives in the ‘90s, who would have guessed that it was a sign of things to come? The ability to connect with others over the internet has become a defining characteristic of the last two decades. As technology moved out of desktop computers and into our hands, the…

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Why Meaningful Work Matters

It is one of the greatest tragedies of today’s world that many people around us are stuck doing work that they neither crave nor enjoy, but still go along with just so the bills get paid. Let’s be honest, people who really love their job are few and far between. Most people wake up in…

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Products and Services

A recurring theme in economics is the division of economic output into two major categories: products and services. The distinction goes back to Adam Smith, who described it in The Wealth of Nations (1776). Since then, economists have distinguished between products and services in terms of the characteristics of the various components of demand and…

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