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

Fueling Fortunes: The Economics of Formula One

“They say Formula One is a market, which it can’t be, obviously. Our market is independent – it’s a sport.” – Bernie Ecclestone Overview With over 75 million people tuning in to watch each riveting race, Formula One (F1) is by far the most popular racing league worldwide. The season usually runs from March to November, with races occurring on a bi-weekly basis. Formula One … Continue reading Fueling Fortunes: The Economics of Formula One

Bust to Boom: Greece’s Economic Resurgence

It’s the summer of 2004 and Greece is at the centre of the world. Their national football team has just defeated hosts Portugal in the final of the European Championship to complete one of the most remarkable sporting underdog stories. In just a month, the Summer Olympics will be returning to the birthplace of the ancient Games – Athens – after a period of 108 … Continue reading Bust to Boom: Greece’s Economic Resurgence

Boom to Bust: The Lebanese Economic Collapse

Overview Between 1975 and 1990, one of the bloodiest civil wars in history took place in Lebanon which left more than 120,000 people dead. The war, fought between the Maronites (Christians), Sunni muslims and Shia muslims had no clear winner after fifteen years. This stalemate led to the current Lebanese government set-up where each religious group has parliamentary representation and parties are formed on religious … Continue reading Boom to Bust: The Lebanese Economic Collapse

Boom to Bust: The Implications of China’s Real-Estate Crisis

Overview China’s economic boom over the last three decades has been well documented; its gross domestic product (GDP) grew at an average rate of 9% annually between 1989 and 2022 and is forecasted to overtake the American economy by 2035 according to Goldman Sachs. But economists frequently overlook a major vulnerability of the Chinese economy: its fragile real-estate industry. For decades, China’s economy has been … Continue reading Boom to Bust: The Implications of China’s Real-Estate Crisis