Monthly archives of “May 2016

5 Ironic Facts About Unpaid Internships

While in the US more unpaid interns are filing lawsuits against their employers seeking compensation for their work, the unregulated unpaid intern economy is thriving in other parts of the world. Many companies are marketing their unpaid internships as if…

E-Residency: An Extra Boost to Entrepreneurship

In December 2014, Estonia’s government launched the first-ever e-Residency programme, which gives foreign entrepreneurs a credible digital identity, and simplifies business management online. Each e-Resident receives an ID card with a microchip and a USB card reader to access various…

If Not GDP, Then What?

In 1937, the US Congress commissioned economist Simon Kuznets to measure economic activity during the Great Depression. He developed Gross Domestic Product (GDP), which has become the main economic indicator despite its limitations. Kuznets noted that national income is not…