Bust to Boom: How the American economy thrived during WWII
The USS Gerald R Ford, the USA’s latest aircraft carrier, took more than eight years to build. In contrast, by 1945, the US Navy finished the production of an aircraft carrier every week. The US was the only allied country to emerge from the war with its economy not only intact but thriving, and the only economy which saw an expansion of consumer goods despite … Continue reading Bust to Boom: How the American economy thrived during WWII
News Briefing – 21/03/22
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. Business & Economics Saudi Aramco, the state-owned oil giant, has promised to scale up investments into energy production after its profits doubled in 2021. The … Continue reading News Briefing – 21/03/22
Metaverse… The Future?
After plenty of speculation, on the 28th of October Mark Zuckerberg announced a rebrand of Facebook and a rename to “Meta”. The change was complemented with a new corporate logo consisting of an infinity shaped symbol. Mr Zuckerberg explained that a name change was needed to reflect how much Facebook had evolved. The word “meta” derives from the Greek word meaning “beyond”, while the Merriam-Webster Dictionary … Continue reading Metaverse… The Future?
Slide or Bounce? – The Post-Pandemic Prospects for the UK
On the 31st of December 2019, the first report of Covid-19 was submitted by China to the World Health Organisation (WHO). Since then, the effects of the repeated loosening and tightening of preventative measures in the UK, including three national lockdowns, has seen unprecedented change in the UK’s economic performance. This comes on top of the disruptive influence of Brexit. There are twenty-one major economic … Continue reading Slide or Bounce? – The Post-Pandemic Prospects for the UK
An Investigation Into the Kuznets Curve
In the 1950s, the American economist and statistician Simon Kuznets, as a result of his work on economic growth and income distribution, developed the Kuznets curve: a model which posits that as an economy develops, inequality first increases and then decreases. It was first proposed in a 1955 seminal paper. This hypothesis is expressed on a graph of inequality plotted against income (or GDP) per … Continue reading An Investigation Into the Kuznets Curve
News Briefing – 07/03/22
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. Business & Economics The Russian ruble fell by as much as 40% against the US dollar as Western governments sanctioned the Central Bank of Russia … Continue reading News Briefing – 07/03/22
News Briefing – 28/02/22
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. Business & Economics S&P Global, a credit ratings agency, has cut Russia’s credit rating to “junk” status in the latest sign that Western sanctions are … Continue reading News Briefing – 28/02/22
News Briefing – 07/02/22
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. Business & Economics Unions have criticised Andrew Bailey, Governor of the Bank of England, after he urged workers not to ask for big pay rises. … Continue reading News Briefing – 07/02/22
News Briefing – 31/01/22
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. Business & Economics Fear of interest rate rises, coupled with a long period of bullish speculation, has sparked a major sell off in the stock … Continue reading News Briefing – 31/01/22
News Briefing – 24/01/22
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. Business & Economics Prices in the UK have risen by 5.4% in December 2021, up from 5.1% in the 12 months to November. The upward … Continue reading News Briefing – 24/01/22
