Uncategorized
The minimum wage revisited: rise of the machines
It’s simple economics, really. In economic literature it is known as factor substitution: one input (factor) of production (like labour) can, given [...]
Check your privilege
I am part of the problem. I know I am. And I haven’t even taken the ‘How privileged are you’ test yet. I am part of the problem, not only because I am [...]
Capitalism’s rotten reputation
When Matthew Elliott and James Kanagasooriam from the Legatum institute set out to investigate Britain’s attitude to economics, it was against the background [...]
Some useful facts about guns and America
American gun culture has again come in for severe criticism after the latest mass shooting in Las Vegas. Over 50 people were killed when 64-year old Stephen [...]
A lost generation: demography underpins the resurgence of socialism
Calvin Robinson is head of computer science at St Mary’s and St John’s Church of England School in Hendon, north west London, and this year he featured in [...]
The Fed fesses up: QE didn’t work
In November 2008, the US Federal Reserve, while cutting the benchmark Fed Funds Rate aggressively, embarked on a large-scale programme of purchasing [...]
Why we support Catalan independence
Brexit may be taking the headlines when it comes to European independence movements, but further south a different secession movement is stirring again: the [...]
Should children be allowed to work?
In England, a child below the age of 13 is prohibited from working and young persons must be in part-time education or training until they’re 18. Most [...]
The world is lucky to have billionaires
A surge in the Amazon share price briefly made Jeff Bezos the world’s richest man in July 2017, when his fortune surpassed USD 90 billion. As the share sold [...]
Why disaster relief is misguided
When people decide where to live there are many factors which are taken into account and the subjective ranking of these end up determining whether we settle [...]