The Impact of the Net-Zero transition on The World Economy and Global Strategies

At the beginning of 2020, the value of sustainable investment in major financial markets globally stood at $35.3trillion. According to the Global Sustainable Investment Alliance it accounts for 36% of all professionally managed assets across the US, Canada, Japan, Australasia and Europe. Governments and companies are increasingly committing to climate action. The world is moving towards a net-zero emissions future, and this transition is expected … Continue reading The Impact of the Net-Zero transition on The World Economy and Global Strategies

Quantum Economics

In economics today, it is often assumed that human behaviour follows the model of ‘Homo Economicus’ or ‘the economic man’. This refers to a form of behaviour where an individual acts rationally to optimise their own utility, or the total satisfaction gained from the consumption of a good or service. While this approach has stood the test of time, cognitive psychologists have since shown that … Continue reading Quantum Economics

Germany’s economy – Sick or Tired?

It is well documented that Germany’s post world war recovery was remarkable, facilitated by the Marshall Plan (America’s post-war economic aid package to Europe) and its ordoliberal approach to the economy. By the Fall of the Berlin Wall, the economy of West Germany was the world’s second largest. Despite post-war fragility and economic stagnation in the 1990s, under the guidance of Angela Merkel Germany’s economy … Continue reading Germany’s economy – Sick or Tired?

Work vs Leisure: The Backward Bending Labour Supply Curve

Labour refers to all productive forms of human output, mental or physical. As one of the four factors of production, the quantity and quality of labour is a key determinate of an economy’s productive potential. On the surface, this might seem to justify policies aimed at increasing wages and maximising the incentives to work. However, such policies can ironically reduce the availability of labour, due … Continue reading Work vs Leisure: The Backward Bending Labour Supply Curve

Keynes Society Report: Richard Tice

On Tuesday 20th February, the Keynes and Political Societies hosted Richard Tice. Mr. Tice has been the leader of Reform UK since 2021. The party is currently polling in double digits (third highest behind the Conservatives and Labour), leading to widespread speculation that this significant share of the right-wing vote will cause further problems regarding the upcoming general election for the governing Conservative party. Prior … Continue reading Keynes Society Report: Richard Tice

Blue Gold: The Precious Commodity of Tomorrow

In the north-western Tabuk province of Saudi Arabia, armies of diggers carve into the arid desert as they attempt to excavate a 170-kilometre line. This project is part of what is called Neom, ‘The Future of Civilization’, and emerges from ‘The Saudi Vision”, a plan to reduce Saudi Arabia’s dependence on oil and diversify its economy by developing its public-service sector. The project’s estimated cost … Continue reading Blue Gold: The Precious Commodity of Tomorrow