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Showing posts from March, 2026

A New Leaf for the Looking Glass 2026/27

Dear all, Upon inheriting the Looking Glass from our predecessors, we identified a number of key issues. Firstly, there were simply not enough articles being published, due both to a lack of submissions from the school community and limited responsiveness from the previous Academic Team. Secondly, the Looking Glass had not been advertised or explained effectively enough to the wider school community. As a result, we plan to implement a more consistent and engaging stream of articles on the Looking Glass. As part of this initiative, we are looking to recruit a select group of keen writers from across the lower school who would be willing to produce one high-quality piece of writing, discussion, or media each month for publication on the Looking Glass. We believe this will be hugely beneficial both to the school community, which will gain access to a wider range of opinions and viewpoints, and to prospective writers, who will be able to reference their experience contributing to the Look...

Cryptocurrencies: The end of Traditional Banking or the beginning of a new dawn?

By Shrey Parikh What is Cryptocurrency? Have you ever wondered about cryptocurrency? What makes people talk about it, and what has led to its popularity during this decade? The answer is as follows: A cryptocurrency is a type of digital money or an alternative way of making payments, and it enables people to exchange goods and services securely without involving a third-party system. It is a peer-to-peer network or a system that enables everyone globally to make or receive payments. Whereas physical currencies are moved and traded in the real world, cryptocurrency deals exist only as digital entries in an online ledger that describes specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is typically stored in digital wallets, where the owner of the cryptocurrency has the private key to their wallet; this setup makes it impossible for any unauthorised party to access the wallet1 . Cryptocurrency in the modern econ...

Is lobbying good or bad for the economy and society?

  Lobbying - Friend or Foe? By Rishabh Sidana INTRODUCTION Lobbying describes attempts to influence government decisions by private-interest economic agents. In principle, the case for lobbying appears simple: governments are not omniscient. They are unaware of the needs of firms and citizens, leading to imperfect policies, and political disengagement. Lobbying serves a salient solution to filling this information gap – albeit one far from perfect.  LOBBYING: A STEP TOWARDS THE RIGHT PATH It would be reductive to examine lobbying’s harms without first acknowledging its merit.  Economically, developing nations with weak institutions may benefit from lobbying-induced efficiency gains . Contrarian views posit lobbying has universally negative impacts , yet this need not be the case. In extremely weak institutions, extractable rents eventually grow insufficient; firms that cannot depend on government influence are forced to raise productivity or open themselves to trade (wh...