The Effects of Nationalisation on the British Coal Industry
Although Britain had defeated the Axis Powers in the Second World War, the country was falling from its status as the world’s sole economic heavyweight. 1945 was the second consecutive year that GDP per capita had fallen. Influenced by economists like William Beveridge and John Maynard Keynes, British economic policy operated under the guidance of the “Post-War Consensus”. From the end of the Second World … Continue reading The Effects of Nationalisation on the British Coal Industry
Climate Change and the Tragedy of the Commons
To what extent is climate change a result of the “Tragedy of the Commons” and how best might governments mitigate this problem? Continue reading Climate Change and the Tragedy of the Commons
The Future of the UK’s Sustainable Automotive Industry: Can it save us from a double-dip recession?
On the 18th of November 2020, Boris Johnson announced his Ten Point Plan to drive the UK’s ‘green industrial revolution’, an ambitious plan with reforms in many high-carbon industries such as electricity and transportation. With the predictions that unemployment could reach 2.6 million by mid-2021 along with the fears of a double-dip recession, we may ask whether such costly reforms are currently appropriate, given the … Continue reading The Future of the UK’s Sustainable Automotive Industry: Can it save us from a double-dip recession?
Can Blockchain Technology and Cryptocurrencies save the Internet of Things?
The world of technology and science is mutable and ever-changing. Therefore, businesses and the structure of society adapt to these developments in order to maximise profits: they are closely interconnected. The future of the internet is the Internet of Things (IoT), which is defined as “the interconnection via the internet of computing devices embedded in everyday objects, enabling them to send and receive data.” For … Continue reading Can Blockchain Technology and Cryptocurrencies save the Internet of Things?
News Briefing 26/04/2021
We’ve summarised the key stories from the Easter break 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 Plans for a European Super League have collapsed after two days, as all English teams announced their intention to withdraw. Criticised for its perceived elitism and uncompetitiveness, the project received … Continue reading News Briefing 26/04/2021
Chart of the Month – April 2021
This Chart of the Month shows who holds UK government debt. What is striking here is the increase in total debt after the 2008 financial crisis, as well as subtle changes to its ownership. Significantly, the total value of bonds held by the Bank of England (BoE) has increased from £0 to almost £895 billion, worth 25% of total government debt. This is due to the … Continue reading Chart of the Month – April 2021
News Briefing – 22/3/21
We’ve summarised the 15 key 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 Bank of England forecast a more positive short-term outlook for the UK economy, but emphasised that it would not cut … Continue reading News Briefing – 22/3/21
Brazil – Country of the Future
“Brazil is the country of the future, and always will be”, so goes the adage that has haunted Brazilian citizens for decades. Despite boasting one tenth of the world’s fresh water, untapped forests and significant deposits of precious minerals, the Brazilian economy has struggled to fully employ the natural resources it has been blessed with, leaving many wondering whether it will ever achieve the position … Continue reading Brazil – Country of the Future
Warming Worries for Our Economy?
We’ve all seen the countless articles in the news over the past year: ‘2020 tied for warmest year on record,’ NASA; ‘Earth at risk of becoming a hothouse’, CNN; ‘Rising seas will erase more cities by 2050’, The New York Times. Rising temperatures have had grave effects on our planet; but what has this meant for the world economy and how could this impact our … Continue reading Warming Worries for Our Economy?
Can We Survive Without Fossil Fuels?
The influential scientist and environmentalist James Lovelock provides a frightening view on the future of humanity: the Gaia hypothesis. It suggests that organisms interact in such a way so as to create a self-regulating environment. When an organism is in over-reproduction, the environment reacts by limiting its population. Lovelock insists that humans are no different. As our carbon footprint increases, the earth reacts with climate … Continue reading Can We Survive Without Fossil Fuels?
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