Economic Affairs & National Development

In Our Nature

Of the many shortcomings in economic pedagogy, one that is particularly worrisome is the omission of natural capital. Economists excessively discount (or simply ignore) the value of nature in production, taking nature’s bounty as an entirely boundless sum.
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Economic Affairs & National Development

Economic Freedom

The libertarian schools of economic thought have long placed emphasis on the concept of economic freedom, and the central premise of their thinking is that the greatest prosperity will ensue only when individuals are allowed to build wealth without coercion, limitation, theft, or hindrance.
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Climate Change

When the Harvest Drowns

In the vast tapestry of Pakistan’s diverse landscapes, another issue unfolds – the unfortunate journey from food scarcity to food insecurity. While the country boasts a rich agricultural heritage, it grapples with multifaced social, political, economic, and environmental challenges that threaten its food security.
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Economic Affairs & National Development

US-China Economic Thaw?

Over the past few years, economic relations between the two global superpowers have been simultaneously characterized by sustained practical engagement and acrimonious rhetoric. The two-way US-China trade volume is $0.7 trillion dollars, which would suggest that the trading relationship is the
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Economic Affairs & National Development

The Shipwrecked Mind

In his groundbreaking work The Shipwrecked Mind, Mark Lilla attempts to understand the zeal of reactionaries, unable to grapple with the present and lost in a sea of tumultuous ideas. The title resonates on multiple levels with those who have seen a flurry of disquieting events transpire recently, not least in
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OA Turf
Economic Affairs & National Development

TERF’s Turf

Considerable controversy has emerged over the Temporary Economic Refinance Facility (TERF), a pandemic-era stimulus program that was launched under the auspices of the State Bank of Pakistan (SBP) as a concessionary financing facility for capital investment.
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