Bajric Sanel
Ph.D. Economics & Computer Science
Category Archives: Economics Science
Sharook by Studio387, Inc: Pioneering the Future of Sustainable Mobility and Services in KSA and Beyond
Introduction As the world sits on the brink of the Fourth Industrial Revolution, technology and sustainability are intertwining in ways never seen before. This synergy marks the birth of a game-changing initiative—Sharook. A brainchild of my company, Studio387, Inc., Sharook is an ambitious mobile application concept aiming to disrupt the landscape of mobility, commerce, and…
Saudi Arabia’s Transcontinental Economic Corridor: A Critical Assessment of Overstated Promises and Underlying Risks
Saudi Arabia has been at the forefront of headlines with its grandiose proposal for a Transcontinental Economic Corridor. This initiative is endorsed by major global powers, with the lofty aim of connecting regions as diverse as India, the Middle East, and Europe. But is the excitement and enthusiasm well-founded? This article aims to shed light…
Fractional Reserve Banking: Creating Wealth out of Thin Air
Have you ever wondered how banks create money, seemingly out of thin air? It sounds like magic, or even a trick. But this isn’t a sleight of hand—it’s the essence of a process known as fractional reserve banking, a cornerstone of the modern economy. The wizardry lies in the math and the mechanics of the…
Quantum Economics: An Innovative Approach to Predicting Market Behavior
In an ever-evolving global market, predicting market behavior can be likened to solving a complex puzzle. Economists have developed multiple models to forecast these intricate dynamics, yet none have been infallible. Recently, a novel approach emerged, applying quantum theory principles to economics: Quantum Economics. This innovative strategy offers a fresh perspective on forecasting market behavior….
The Internet of Economic Things: How IoT is Driving New Business Models
Introduction The Internet of Things (IoT) has revolutionized how we interact with the physical world around us. From smart homes that adjust to our routines to industrial IoT systems that monitor and streamline complex manufacturing processes, IoT is permeating nearly every aspect of our lives. But IoT’s impact extends far beyond the realm of convenience…
Robot Taxes: A Solution to the Economic Threat of AI?
Introduction As artificial intelligence (AI) and robotics become increasingly advanced, there is growing concern about the potential economic impact of automation on job displacement. The advent of AI has introduced the potential for “robot taxes” as a means to mitigate these effects. This controversial concept, which involves taxing businesses that use robots for tasks that…
Beyond the Status Quo: A Futuristic Approach to Economic Modeling
The last few decades have witnessed an unparalleled acceleration in technology, fundamentally altering our economic landscapes. While traditional models struggle to comprehend this dynamic scenario, a shift towards innovative, technology-driven modeling is on the horizon. This article explores a futuristic approach to economic modeling, stepping away from conventional paradigms towards technologically advanced, yet practically applicable…
Independent Research: Interplay of Quantum Technology and Free Market Principles – Insights from Friedman and Rand
This paper explores the profound interplay between quantum technology and free market principles, drawing insights from the works of Milton Friedman and Ayn Rand. An in-depth understanding of Friedman and Rand’s philosophies reveals the core tenets of free market capitalism and its moral groundwork. Through this lens, we delve into the burgeoning field of Quantum…
Enhancing Urban Logistics: My Journey Towards Optimizing Deliveries for Holestead Inc.
1. Introduction: Setting the Scene Stepping into the bustling heart of New York City, I was immediately immersed in its perpetual motion. Amid the flurry of activity, one corporation stood out – Holestead Inc., a prominent company that held the lifelines of businesses and households alike through its delivery services. Holestead Inc. operated an impressive…
Decoding Quantum Economics: How Quantum Technology Influences Macroeconomic Trends
As we enter a new era of technological advancement, the fusion of quantum mechanics and economic principles, often termed “quantum economics,” is emerging as an exciting frontier. This burgeoning field studies the implications of quantum technologies on economic systems and, in turn, how these shifts influence macroeconomic trends. As we decode this concept, we will…