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Author Archives: Jasper van der Gaag

Jasper van der Gaag

First year Bachelor student Economics and Business Economics.

Akon

Akon to become the world’s richest rapper

Do you still remember the hit songs Smack That, Lonely and Don’t Matter? Around the summer of 2010 the African rapper Akon became world famous with these songs. Akon produced two multi-platinum albums which made him a wealthy man. Today, 7 years since he released his last album, Akon is closing in on Jay-Z to become the richest rapper in the world. This status is not just reached by the royalties earned on his music; but Akon has spent the last years working hard on his solar energy company, and it has been very successful so far.

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100% energy neutral in 3 years

100% energy-neutral by 2050 is the long-term goal for the Dutch government when it comes to environmental policy. During the past elections in March the environment was not the most prominent subject of debate, but during the formation the environment may turn out to be a major obstacle, as the opinions of the major parties differ a lot. 2050 is still 33 years ahead of us, but the time is now to force big changes in our treatment of the environment. Luckily, some parts of the Netherlands are way ahead of the national government, with Goeree-Overflakkee being the best example.

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Trump tweets Mexican Peso down

A group of Mexican investors have (jokingly) opted the idea that their government should buy Twitter. This may seem like a surreal trade, but the explanation makes sense. Since Donald Trump’s election as the 45th president of the United States in November of 2016, the Mexican government has spent a large portion of the national reserves on protective measurements for their national currency, the peso. The Mexican investors noticed a relation between the anti-Mexico tweets sent out by Donald Trump and the real-time value of the currency. The exchange rates took large drops for every tweet. The Mexicans said that the government would be better off buying Twitter, so they could stop Trump from tweeting, to eventually save the peso. This transaction would in the end be cheaper than all the protective measurements.

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Working for an algorithm

According to the Dutch research institute TNO 18 percent of the working population in the Netherlands has tried to find work in the gig economy, also known as crowdwork. These two abstract terms describe a new phenomenon on the labour market brought by the digitization of this age. Uber drivers or Foodora delivers are prime examples of workers in this part economy. Independent workers can find job oppurtunities from a simple app they installed on their phones.

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Clinton vs. Trump: Economic policy

Clinton vs. Trump

The United States of America are engaged in a remarkable battle for the presidency. With two eccentric candidates in the respected persons of Donald Trump and Hillary Clinton the duel seems to be decided based on who commits the least errors. Both campaigns are mainly focused on non-economic points and the agendas are very vague on the economical field. But what would the economic consequences for the USA in either possible outcome of the elections be?