Lessons from Auschwitz: Redefining the Holocaust

Myself and a schoolmate recently took part in the charitable organisation's Lesson From Auschwitz project, which aims to educate school children on the reality of the Holocaust. Below is what I have taken from it.  Hearing about Auschwitz-Birkenau in school is nothing like seeing it first-hand. It is easy to dismiss or become desensitised to …

Asymmetric information in economics and Moral Hazards

  In the world of economics, there are numerous variables that may affect markets, however, one of the most significant in terms of influencing the allocative efficiency of markets is information asymmetry. The concept is quite simple it supposes that in markets the buyer and the seller have imperfect knowledge of the products which they …