Revista de Economía y Negocios

A sort of private equity fund known as venture capital (VC) is given by venture capital firms or funds to start-ups, early-stage, and rising businesses that have demonstrated rapid growth (in terms of number of workers, yearly revenue, and scope of operations). In exchange for equity, or a stake in the business, venture capital firms or funds invest in these start-ups. In the hopes of seeing some of their investments succeed, venture capitalists assume the dangers of investing in high-risk start-ups. Due to the significant level of risk that start-ups confront, VC investments frequently fail. The start-ups primarily come from the high-tech sectors of information technology (IT), clean technology, or biotechnology, and they are typically built on cutting-edge business models or technological advancements.

Being here now is a real pleasure. I appreciate the invitation from John Taylor and John Cochrane. It is an honour to address this distinguished group of Stanford academics, Stanford students, and affiliates of the Hoover Institution, who will undoubtedly be the tomorrow's entrepreneurs, policymakers, and innovators. I will talk about the digitalisation of money in my speech today. Do we need digital currencies for the economy? The idea of digital money is not new. We already regularly utilise digital payment methods because commercial bank money has been digital for decades. Banks are already given wholesale access to digital currency by central banks. But in this lecture, I'd want to talk about new digital currencies, sometimes known as "digital currency," that has recently gained popularity.

Even though teachers have employed real-world situations in introductory economics classes for more than three decades, students still believe that economics has little bearing on their day-to-day lives. I offer three lesson plans on pollution externalities in an effort to raise students' awareness of their significance and make learning about environmental issues "more helpful for more people." I provide students a fresh, contextually rich problem that enables them to relate personally with regional environmental quality metrics. There are two more modules included. Students are exposed to the interdisciplinary area of environmental justice in the second module.