Trickle Down Economics
“An economic recovery, like a rising tide, will lift all boats. For many, maybe even most, it will lift by painful inches. Some boats, however, may be lifted faster and higher.” So spoke President Ronald Reagan during his 1982 State of the Union address. He promised growth for all, stimulated by tax cuts for the top earning bracket, allowing for money to “trickle” down socio-economic levels … Continue reading Trickle Down Economics
The Impact of AI in Our Society
In recent times, Artificial Intelligence has become more prominent in our everyday lives. With the emergence of AI chatbots such as ChatGPT, which are able to answer questions and assist with tasks such as writing essays, our everyday lives have become much easier and more efficient. While AI has the potential to bring about numerous positive changes in society, it can also bring about risks … Continue reading The Impact of AI in Our Society
South Korea – Miracle on the Han River
The Korea of the early 20th century is unrecognisable compared to the South Korea we know today. During the first half of the 1900s the Korean economy was underdeveloped, lacking proper infrastructure, had limited industry, and was still an economy that was largely dependent on agriculture. The majority of the population was involved in farming, but they generally used outdated equipment resulting in low farming … Continue reading South Korea – Miracle on the Han River
The Economics of the Premier League
The Premier League is the world’s most popular football league with 1.02 billion viewers annually, from every continent. Every child in the UK has a dream of one day playing in the Premier League. Football is something that can unite all, regardless of class, religion or race. English football came to be loved for being competitive and fast. Premier league clubs also have some of … Continue reading The Economics of the Premier League
The Impact of Breaking Bad on Albuquerque
‘My name is Walter Hartwell White. I live at 308 Negra Arroyo Lane Albuquerque New Mexico 87104. This is my confession.’ That’s perhaps the most iconic line from the award-winning show ‘Breaking Bad’. Breaking Bad was filmed from 2008 to 2013 in Albuquerque, New Mexico. Initially, director Vince Gilligan wanted to shoot in California, but after Sony bought the series, they requested a change of … Continue reading The Impact of Breaking Bad on Albuquerque
News Briefing – 06/06/2023
We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. UK Economics and Business Britain’s inflation rate fell to 8.7% in April, but this was less than expected; last April’s rise in energy prices were … Continue reading News Briefing – 06/06/2023
News Briefing – 22/05/23
We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. UK Economics and Business Vodafone released its plan to cut 11,000 jobs over the next three years, equating to about 12 percent of all employees. … Continue reading News Briefing – 22/05/23
Venezuela: A Petrostate’s Fall from Grace and The Exodus of Its People
In 1976, Venezuela’s economy was booming amid an oil crisis, and Caracas (its capital) was one of only four destinations to which Concorde, the fastest and most expensive aircraft of its time, alighted. However, the Venezuela of 1976 is a world away from the Venezuela that is currently under the dictatorship of President Nicolas Maduro. In fact, from the 1950s to the early 1980s, Venezuela … Continue reading Venezuela: A Petrostate’s Fall from Grace and The Exodus of Its People
Trade Wars: Explained
Often hailed as the most influential economist ever, Keynes regularly imparted wisdom that shook the foundations of modern economics. His off-hand remarks are now cemented in history, and he is frequently quoted by modern economists and journalists. One of the issues he was very passionate about was the necessity of free trade amongst countries, even going as far as calling protectionism (the opposite of free … Continue reading Trade Wars: Explained
Have planning regulations gone too far?
Planning regulations were first introduced in the UK in 1947 to address the pressing need for reconstruction following World War II. The regulations aimed to ensure that the development of houses and infrastructure was carried out in a sustainable and unprejudiced way, considering important factors such as the environment, economy, and social impacts. However, many have argued that these regulations have become overly bureaucratic and … Continue reading Have planning regulations gone too far?
