Crossword Time: Quirkonomics Edition
Across
- 5. An economic effect named after an English sports tournament. It implies that a national and international institution can be highly successful despite the lack of intense native competition. It is an analogy to describe how UK's economic strength increased after deregulation and subsequently was dominated by American banks instead of homegrown British firms.
- 7. A price index published since 1986 that seeks to make exchange-rate theory a bit more "digestible" by comparing relative prices worldwide to the purchase of a famous food item by a fast food agency.
- 10. The empirical analysis of baseball using statistics that formed the foundation of the 2011 film "Moneyball".
- 11. First mentioned in the Vedas, this is a collective term used for the seven priority areas of India's 2023-2024 Union Budget.
- 13. This is an aptly named newsletter for techies, summarising news from the realms of technology, programming, crypto, startups, markets business, etc. with the main reasoning that people in these professions don't have a lot of time to spare to read long news articles.
- 14. This is an accounting practice of spreading the cost of an intangible asset over a period that caught public attention after Chelsea FC's purchases in the January transfer window.
Down
- 1. An indicator named after a popular canned food that suggests that consumers move to this canned good to save on food expenses during hard times.
- 2. A phenomenon where the purchasing power of money declines, but instead of the prices for the same quantity going up, the quantity for the same price goes down.
- 3. A irrefutable takeover bid made to a target company typically an extremely generous premium compared with the target's prevailing share price, making it difficult for management to reject the bid.
- 4. An immutable distributed digital ledger that records data that in a network connected through peer-to-peer nodes.
- 6. An ex-Indian Prime Minister and Finance Minister who has presented the most number (10) of Union Budgets.
- 8. A new programme announced in India's 2023-2024 Union Budget that aims to facilitate mangrove plantation along India's coastline and on salt pan lands.
- 9. This term is associated with to people who sell their stocks way too early and miss out on making any significant gains. Thus, tend to "fold" at the slightest pressure.
- 11. As called substitute advertising, this strategy is used to sell a product that cannot be advertised openly by promoting another product of the same brand.
- 12. Financial instruments that do not rely on intermediaries such as brokerages, exchanges, or banks.
- 15. Unique cryptographic and digital collectables that cannot be copied, substituted or subdivided.