Metamorphosis of Ideals: The Housing Conundrum in a Financial World

Allow me to present an appraisal of the 2017 report on the financialization of housing, authored by the Special Rapporteur on the right to adequate housing, Leilani Farha, under the auspices of the United Nations Human Rights Council. It is worth noting that this discourse constitutes a scholarly endeavor, reflective of a student’s intellectual exploration. The original report can be found here. The pdf version of the essay is also available here....

Iran's Economic Landscape in 1401: Income, Poverty, and Policy Impact

Overall Insight In the Iranian year 1401 (2022/2023), marked by President Ebrahim Raisi’s tenure, significant economic changes occurred. The year witnessed a 52% depreciation of the currency and a record-breaking 300% annual increase in prices due to the removal of food subsidies and the Russian invasion of Ukraine. Despite early fears of hyperinflation, inflation moderated to 45% for the year. Critics had argued that Raisi’s policies were disproportionately affecting the poor and middle class....

Casting Light on the Enigma of Interest Rates: Böhm Bawerk's Intellectual Journey

In the realm of economics, the subject of interest rates, though predominantly settled within the framework of capitalism, continues to attract diverse perspectives and unorthodox views. In this essay, we embark on a comprehensive exploration of the multifaceted concept of interest rates, guided by the seminal work of Eugen von Böhm-Bawerk, “Capital and Interest” (1884). Our commitment to precision and an appreciation for the subtleties of economic theory underscores the rigor of our scholarly endeavor....