The Bottom Billion- how they got to where they are and what can be done to fix it. When watching the news, a concurrent collective of countries appear on the front page as areas of global concern. This is often due to the beginning of a new civil war, the beginning of a famine […]
Category: Economics
Andy Kot blogs an economical analysis of climate change in both English AND Chinese
Climate change, and society’s response to it, presents risks that could impact our monetary and financial stability objectives. Financial and economic risks can arise from events such as floods and droughts, e.g. insurance firms facing higher claims. Risks can also arise in the transition to a low-carbon economy, like changes in government policy and technology. […]
Talvin Gill asks whether cargo ships are damaging the environment?
Are Cargo Ships killing the Earth? Is the world changing at a reckless and destructive rate? A study from Conservation international shows that the carbon dioxide concentration of our atmosphere is the highest it has been for three million years proving that climate change is an undergoing threat to our society. This petrifying figure is […]
Ahren Bailey asks if we need a digital services tax?
Digital Services Tax and Digital Permanent Establishment Reforms Overview As our modern world is constantly evolving and changing, current tax laws are struggling to keep pace with it. Businesses are becoming more digitalised and the current tax rules have not adapted to take account of such change. Digital companies are expanding and capturing profits created […]
Talvin Gill – Is immigration important for the United Kingdom’s economy?
Is immigration important for the United Kingdom’s economy? – Blog post An immigrant is defined as a person who permanently moves to a foreign country to live there. Immigration has been a controversial point for the UK especially with the arrival of Brexit. Immigration can and has impacted the economy in various ways and is […]
Millie Durrands explains narrative economics.
Narrative Economics On 6th September I travelled to the London School of Economics for a lecture by Professor Robert Shiller entitled ‘Narrative Economics’. Professor Shiller is a highly respected economist and best-selling author. He was an early pioneer of behavioural economics, won the Nobel Prize for Economics in 2013, and is currently Sterling Professor of […]
Oscar Charles-Barks asks whether intellectual property should be abolished.
Should Intellectual Property be Abolished? “The US patent system adds the fuel of interest to the fire of genius in the discovery and production of new and useful things” Abraham Lincoln, former US President. This has long been the view of our modern society, protecting inventors’ ideas, what could go wrong? However, the system has […]
Amelia Durrands argues that HS2 is a political vanity project that makes little economic sense.
HS2 is a political vanity project that makes little economic sense.” HS2 is a high speed rail network between London, Birmingham, Manchester and Leeds. (Railway Technology 2019) There is a lot of controversy as to whether there are sufficient benefits to the network to justify the immense cost. Before work has even begun, the […]
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 […]
Soham blogs an essay on whether consumers in search of bargains are complicit in modern slavery.
Are consumers in search of bargains complicit in modern slavery? In my opinion, consumers looking for a sale on non-durable goods such as clothes and bags are causing other retail industries to look for cheaper methods of fast production. This, in turn, allows these industries to outsource their manufacturing to developing countries, where the lack […]