Capital Goods & Growth for Pakistan

Capital Goods & Growth for Pakistan
Capital goods are the intermediary goods that are used in the production of final goods, and are a key to turning a developing country into a developed one. In simple terms capital goods are the tools, technology, skills, roads, transmission lines, electricity, infrastructure, tables, pens, and even the savings that are available for future use. Capital ...

Karachi Energy Woes & K-Electric

Karachi Energy Woes & K-Electric
K-Electric Limited — the now privatised entity which powers a city of 20 million people — has been wanting to convert its two power plants from oil to coal. But for some incomprehensible reason, National Electric Power Regulatory Authority (Nepra) keeps delaying the approval. Karachi energy woes are bringing the city to a halt. Amidst ...

Self-Finance Seats Abolished

Self-Finance Seats Abolished
By unilaterally abolishing the self-finance seats the government has once again shown that to a politician winning votes matters more than the longer term prosperity of the country. The free market pushes the businesses in a direction that brings in the most profit by best satisfying the needs of the customers. When politicians take charge of decision making they ...

Saudi Labor Reforms

Saudi Labor Reforms
Saudi Arabia has been going through labor reforms in an attempt to move more Saudis into the private sector and out of the public sector. Why the reforms are needed: Authorities launched labour reforms in 2011 after the Arab Spring uprisings to head off political unrest by reducing unemployment. They also want to lower the cost ...

Industrial Revolution and Violence

Industrial Revolution and Violence
Industrial revolution  gave mankind the ability to mass produce. But was the ability of mass production the cause of the resultant violence? Just because two things are correlated doesn’t mean they are causal. To be fair lets not forget that industrial revolution at times is not even considered a real revolution. The debate is still raging ...