How relevant is economics during a pandemic and in what way might economists make things better? By Josh Wells In the following blog, I will discuss why economics should be a key focus during a pandemic, and how economists may mitigate the impacts. To begin with I will split my essay into sections which […]
Category: Economics
Why a Capitalist economy is a better economy. By Ciaran Dolby
Why a Capitalist economy is a better economy. The economic system of free market capitalism, a theory traced back to the 18th century economist Adam Smith, is the only way for a nation to move forward – economically and politically. It’s the idea that trade and industry are controlled by private owners for profit rather […]
April Gay blogs on the political, economic and social complexity of Immigration.
On 23rd June 2016 the country voted for whether Britain would exit the European Union and gain back the sovereignty we lent to the EC when we joined in 1973. The EU has forever been a trigger for the downfall of many British Prime Ministers. Michael Foot and Margaret Thatcher both tried to wrestle with […]
Josh Heyworth Blogs on Blockchain
Blockchain in its simplest form is a method of transferring and keeping a record of data securely and transparently. The technology is currently most utilised by cryptocurrencies to log and ensure that all transactions are legitimate and secure. However, there are a multitude of other potential applications for blockchain that are currently being explored by […]
Oliver Davies blogs about what caused the Financial Crisis of 2008
The Causes of the 2008 Financial Crisis In 2008, the world economy underwent the largest crash since The Great Depression of 1929. The crisis caused a fall in housing prices by 20% in the UK alone and the Dow Jones Industrial Average fell by 777.68 points, over 50%, making it the largest fall in […]
Fergus Cato asks the question politicians are scared to ask: Should parts of the NHS be privatised?
The privatisation of our National Health Service (The NHS) has been a topic of debate for many of the 70 years since it was founded in 1948 by the post war Labour Government. My definition of privatise comes from the Oxford English Dictionary: “The Transfer (of a business, industry, or service) from public to private […]
Fergus Cato asks whether Money would be better spent in the UK instead of on overseas development?
As a nation we are lucky. In comparison to nations around the globe we are one of the world leaders when it comes to development. This has occurred due to our productive history. Our industrial revolution occurred relatively early and despite the horrendous acts committed during the slave trade it cannot be argued that it […]
Hugh blogs about moving towards a cashless society.
Why society should move towards a cashless economy. “For individuals and organisations conducting illicit activities, cash is undoubtedly the preferred payment mechanism.” – President Sands, Harvard President (Emeritus). The abolition of cash is by no means easy, but the case against it is not new. The growing movement by banks and leading monetary academics […]