Mihai Răzvan Nedelcu
Mihai Răzvan Nedelcu
Student at Bucharest University of Economic Studies, the Faculty of International Business and Economics, passionate about history, geopolitics, political science and economics
The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the Better

The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the Better

The internet. A place where (almost) everybody can see (almost) everything (almost) for free. An incredible technological asset of humanity as a whole. But how can we find everything? Do we pay these people? How many people would agree to make the internet a bigger and better place for free? The answer is simple: a few. The main source of online income comes from advertising. We got used to them on television, radio and even on the streets but who came with the idea of implementing them online? In this article, I will uncover the story behind internet advertisements and the minds behind it.  More


Central Asia: The World’s Next Powder Keg

Central Asia: The World’s Next Powder Keg

Firstly, we shall explain the geographic and historic situation background of Central Asia. The name is self-explanatory when referring to the location of the region but what stands out is the climate, history and demographics. The land is mostly arid and sparsely populated while the Northern part is dominated by the Eurasian steppe, a flat grassland which stretches from Ukraine all the way to the northeastern parts of China. Historically this steppe was inhabited by nomadic or semi-nomadic peoples whose economic activity was herding and one of their main assets was the horse. The region was dominated by Iranian peoples until the Turkic migration (some 1000 years ago) happened. The land was fought over multiple times in history as it was once seen as an important connection between East and West due to the Silk Road. The inhabitants earned a reputation as great warriors especially when riding a horse (horse archery was one of their strong traits). For reference, here is a brief listing of the most important empires who ruled over Central Asia: the Persian Empire, Göktürks, Mongol Empire (and its successor states), Seljuk Turks, Timurids, Russian Empire (later U.S.S.R.) and even incursions coming in from China.  More


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OEconomica No. 1, 2016