The Trumps Strike Back, but why?

Populism – the ideology which divides most of an electorate against some ‘other’ elite – is primarily caused by economic marginalisation (the denial of an equal opportunity to participate in a domestic economy).  To justify this, I will explain how pertinentmacroeconomic trends throughout the turn of the millennium have exacerbated this issue.  Additionally, I will examine a panoply of additional theses for the rise of populism, and demonstrate why, although valid, they are not as pivotal as economic marginalisation in this regard. The best evidence … Continue reading The Trumps Strike Back, but why?

“Right to buy” Evolution or Revolution

In August 1980 during Margaret Thatcher’s first year in office, her government produced a Housing Act. Despite its lengthy and repetitive nature, its bold intention stood out: “to give … the right to buy their homes … to tenants of local authorities”.  It proposed the idea that previously state-owned houses be sold back to the people. These homes were offered at 33% below their market value, … Continue reading “Right to buy” Evolution or Revolution

Analysing the Economic Impacts of the Israel-Palestine Conflict

On the 7th October 2023, an ongoing armed conflict between Israel and Hamas escalated significantly as a result of a ferocious and unprecedented attack on Israel. For historical context, this is not the first conflict that has arisen between these two groups: since 1948 there has been unrest within the region. The cyclical nature of this conflict poses a great threat to the economies of both … Continue reading Analysing the Economic Impacts of the Israel-Palestine Conflict

HS2: The potential vs the reality 

The Potential: The development of a second high-speed rail network was originally proposed in 2009 by the Labour government at the time, led by Gordon Brown. Concerns began to arise over capacity constraints on the West Coast Main Line railway as they were increasing with the network projected to be at full capacity by 2025. Therefore HS2 Ltd was established to explore the possibility of … Continue reading HS2: The potential vs the reality 

How has the Ukrainian Conflict Impacted Global Economic Recovery?

Following Vladimir Putin’s invasion of Ukraine,  how has the Ukraine War conflict impacted global economic recovery? Joko Widodo, the Indonesian president, opened the G20 meeting by warning of the risks of the crisis to Ukraine on the global economy, “This is not the time for rivalries and creating new tensions that disrupt the… recovery, let alone endanger the safety of the world, as is happening in Ukraine,”. … Continue reading How has the Ukrainian Conflict Impacted Global Economic Recovery?

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

Black Wednesday 1992: Lessons in Disaster 

In the weeks following Wednesday 16 September 1992, the Pound crashed 25% against the US Dollar. Dubbed ‘Black Wednesday’ or the ‘Sterling Crisis’, the chaotic events of that day would have a lasting impact on Britain’s economy, politics and relationship with Europe. But despite this fact, the causes and effects of the 1992 Sterling Crisis are still not widely understood among the general public today.  … Continue reading Black Wednesday 1992: Lessons in Disaster 

 Anarcho-Capitalism: Utopia or Pipe Dream?

In the modern world, we take it for granted that the government should play an essential role in economic and social affairs. The idea that society could ever function smoothly without the apparatus of the state seems preposterous. Indeed, there is good reason to believe this, as mainstream economists today would identify three broad areas of responsibility that the state holds in managing the economy. … Continue reading  Anarcho-Capitalism: Utopia or Pipe Dream?

Chart of the Month – August 2023

August’s Chart of the Month shows the number of Santander cycles hired from 2015, when Santander began sponsoring the scheme in London, to 2023. It shows long term growth, culminating in 2022’s record-breaking year of 11,506,889 hires. However, more recently, usage has been low and recovery has been slow. The Santander Cycle hire scheme is owned by the Transport For London (TFL), a government body … Continue reading Chart of the Month – August 2023

Income Inequality and the Future of the American Dream

The American Dream is the belief that anyone, regardless of where they were born, or what class they were born into, can attain their own version of success in society. It is the centre of American nationality. It is one of the rare bipartisan issues, and suggests that equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved. However, increasing income inequality … Continue reading Income Inequality and the Future of the American Dream