Category: Medium Reads
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 […]
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 […]
Why We Need a Universal Basic Income
Reading Time: 4 minutes Universal Basic Income (UBI) is a government initiative consisting of an unconditional periodic payment to every adult citizen. UBI has been described as one of the most ambitious social projects […]
Brexit or Bust- Can One Have the Former Without the Latter?
Reading Time: 5 minutes Too often has Brexit been classed as an issue that will devastate the British economy. The issue is that Brexit does not necessarily mean economic depression, as promoted by campaigns […]
On the Global Free Movement of People
Reading Time: 5 minutes The border has become the focal point of the 21st Century debate on globalisation. To some, it is an arbitrary boundary hampering efficiency, to others, it is the mainstay of […]
An Interview with Peter Diamond, Winner of the Nobel Prize in Economics
Reading Time: 7 minutes I had the privilege of being able to interview Peter Diamond, a professor at MIT and winner of the Nobel Memorial Prize in Economic Sciences in 2010. He is especially […]
Why Production for Need is More Efficient than Production for profit
Reading Time: 5 minutes I hear all too often that the supply-and-demand money-based free market is an efficient system well-suited for resource allocation, and that the profit motive is the best way to satisfy […]
Does Improving Transport Infrastructure help a Country’s Development?
Reading Time: 6 minutes With huge infrastructure plans being proposed internationally, whether that is HS2 or the Green New Deal, one wonders whether or not transport infrastructure is actually beneficial for countries. In order […]