Friedman’s Negative Income Tax 

A modern welfare state typically provides both contributory and means-tested benefits. Contributory benefits are those which depend on individual levels of contribution to a social insurance programme. This is the principle behind Medicare and unemployment insurance in the US, or National Insurance and state pensions in the UK. Means-tested benefits, on the other hand, are only offered to those who meet specific income criteria.  Historically, … Continue reading Friedman’s Negative Income Tax 

Gaming Economics: FIFA

“EA Sports… it’s in the game.” You may recognise that iconic line which is heard as you reload FIFA – perhaps after a frustrating rage quit from a difficult round of FUT Champs! Since its kickoff in 1993, FIFA has firmly established itself as a global sports gaming sensation. Whether you’re a devoted football fan, a casual player, or someone uninterested in the sport, you … Continue reading Gaming Economics: FIFA

Could the EU Collapse?

The European Union, since its creation in 1993, has always had to maintain a delicate balance between its control and the autonomy of its member states, to both uphold its rules and to allow a country’s culture and society to remain. Yet, it has so far delivered many benefits economically to its members states. However, with Brexit and the rise of right-wing, Eurosceptic parties across … Continue reading Could the EU Collapse?

Are the Glazers finally going? 

In November 2022 the Glazers finally announced the potential sale of Manchester United Football Club. A year later, has much changed?  What is the issue?  The Glazer family bought Manchester United Football Club in 2005 for £790m. The club is now valued at approximately £4.8bn, with the family having profited greatly by paying themselves dividends worth a whopping ~£20m per year from 2015-2022, the only … Continue reading Are the Glazers finally going?