Category: Economics
The Digitalisation of Cash: Key Impacts on the Developing World
Reading Time: 3 minutes Development in the third world is rarely incremental. Instead, countries are often able to skip a stage in the course of development usually taken by an economically advanced nation. A […]
Is GDP dead: What metric should we use to guide growth?
Reading Time: 3 minutes GDP has historically been the lens through which we viewed our success: a high GDP growth meant that the economy was booming and that lives were improving, while a drop […]
Comparing the Financial Response to the Coronavirus Pandemic to the 2008 Financial Crisis
Reading Time: 4 minutes Millions unemployed. The world in shock. Governments panicking. Both the financial crisis and the coronavirus pandemic left the globe reeling. Yet governments responded with their own bailout packages, their own […]
Protectionism: The Impact on a Country’s Development
Reading Time: 5 minutes Protectionist policies are typically exercised by countries in order to protect domestic industries from foreign competition. Protectionism is usually expressed in the form of tariffs on foreign imports, subsidies, regulatory […]
A Conversation with Professor Behrman on Development Economics
Reading Time: 4 minutes Professor Jere Behrman is the William R. Kenan Jr. Professor of Economics at the University of Pennsylvania. His work on the role of human capital in development has been incredibly […]
Why Private Schools should not pay VAT
Reading Time: 5 minutes The Labour party have always suggested that private schools start paying VAT for years, but this is a disastrous idea. Keir Starmer, the newly elected Labour leader said last month that […]
The Free Market vs Capitalism: A Case for Market Socialism
Reading Time: 4 minutes Capitalism and the free market, two ideas that over the last century have been conflated with each other to a point where they’re used interchangeably in mainstream politics. The issue […]
The Burden of the 1p Coin on Our Economy
Reading Time: 2 minutes Penny coins are notorious for slowly start to accumulate after every £X.99 purchase. However, you cannot buy much with them as shopkeepers often refuse to accept them and there are […]
An Interview with Elliott Harris, Chief Economist at the UN
Reading Time: 10 minutes I was lucky enough, along with Maxwell DeLorenzo, to have an interview with Elliot Harris, who is the chief economist at the UN, and we discussed issues as wide-ranging as […]
The Economics of the Coronavirus Crisis
Reading Time: 9 minutes The coronavirus represents an unprecedented economic and medical crisis – and people ought to be treating it like our generation’s 2008, but one with the potential of becoming much worse. […]