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News

January 6th, 2018
The road from Soup Kitchen to El Dorado

Dickson Igwe

Understanding the road to and from recession is critical for a Virgin Islands that must recover from three major natural disasters that beset the country in September 2017. Economics holds the solutions to a full recovery.

December 2nd, 2017
The Austerity Club

By Dickson Igwe

The floods and hurricanes of September 2017 were the worst disaster to visit the Virgin Islands since the 1800s. September 2017 was a crossroad for the Virgin Islands: an inflection point, and a time of great change.

November 4th, 2017
The Post Disaster Economic defibrillator

Dickson Igwe

The following story is part of a series of narratives: “A STORY OF DISASTER: HURRICANE IRMA AND THE VIRGIN ISLANDS.” The proceeding narrative is on the economics of disaster. It is narrated from a layman’s perspective.

July 1st, 2017
Jack the Robot: the future of work

Dickson Igwe

The world of work is changing dramatically.

March 19th, 2016
Defeating the Deflation Beast

DICKSON IGWE

The return of John Maynard Keynes to the global economic conversation after his intervention in the 2008 financial recession is highlighted in the fact that Global deflation is a powerful and destructive beast. It is a monster that remains untamed. However, it is a monster that is proving the indestructibility of Keynesian ideas and his consumer driven economics model.

February 26th, 2016
The Revolution has begun!

Dickson Igwe

Social revolutions are never easily detected when they start. It is nearly impossible to know when they begin. Revolutions develop over time. Revolutions have a cause. Cause leads to effect. And it is only when a critical mass of popular resentment is reached within a society that it becomes obvious that trouble is ahead. Then comes the eruption: the French, Bolshevik, and Cuban Revolutions remain classic examples of violent revolution.

October 17th, 2015
The trouble with economics

By Dickson Igwe

Economics is a potent tool for the creation, formulation, and execution of social, commercial, and public policy. However, the trouble with economics is that it is subjective. It is colored by the values and opinions, even the cultures, of the economists who make the critical assertions that impact the well being and direction of whole societies, nations, and regions. Consequently, errors of judgment are made. These errors can be catastrophic.

October 10th, 2015
Mrs Economical: the great housewife

By Dickson Igwe

The subject called economics appears extremely useful to individuals, families and communities. The right type of economic thinking is central to the stability and prosperity of societies, countries and regions. Why is economics at the centre of national and global policymaking? Why are matters of economics so pervasive in the global media narrative? The following story attempts to answer why economics appears so universally relevant.

October 3rd, 2015
King Politics & Queen Economics

By Dickson Igwe

Human beings are essentially material in their behaviour. From cradle to grave the need to satisfy physical and material needs is all pervasive. That is why in all countries humans work for a living, from the developed to the underdeveloped, given the opportunity. “Work is the rent one pays for living on Planet Earth,” so stated the late Queen Mother once.

May 30th, 2015
A not so United Kingdom

By Dickson Igwe

The British General Election of May 12, 2015 revealed the soft underbelly of Britain’s politics of regionalism and class division. The election was furthermore as much about economics as it was about politics.

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