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 […]
‘The sum of the parts is no greater than or less than the whole.’ To what extent is this true?
Reading Time: 6 minutes In order to answer this question, there are three things that must first be addressed: what a ‘whole’ is, what a ‘part’ is, and how to evaluate the ‘sum’. Although axiological […]
Does the individual citizen have any moral obligation to obey the laws of the state?
Reading Time: 5 minutes Introduction The law is a solution to a collective action problem in our society. In order to keep order, the law maintains power structures and provides important restrictions on what […]
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. […]
The Future of Urbanisation in the Global South- How can it be Sustainable?
Reading Time: 6 minutes It seems that, looking at the past and near future, one of the reliable and guaranteed trends in industrialised human society is that of rapid urbanisation, as populations shift from […]
Is a World Government Possible? Is it Desirable?
Reading Time: 5 minutes There have been many attempts at a single world government throughout history. The attempts have always followed two paths: military coercion or peaceful persuasion. Military conquests for world domination have […]
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 […]