It is not because natural resources are finite that humanity will ever run out. Reverend Thomas Malthus’ warning in the latter parts of the 18th century on our planet’s inability to produce enough food to feed an ever-growing population has never materialised into a genuine concern. Nor has the US Bureau of Mines’ 1914 prediction that “The world will run out of oil in 10 … Continue reading Natural Resources: The Never-Ending Supply
Covid-19 has necessitated the reinvention of numerous sectors, with transport being particularly affected. No longer can millions of office workers and students crowd onto trains and buses for their commute, as social distancing rules mandate limited capacity. Instead, the UK is being encouraged to pursue active travel, with numerous schemes aimed at incentivising people to start cycling. The highway code is being updated, new cycle … Continue reading Pedal for Growth: Cycling and the Economy
It’s December. You are frantically searching the aisles for those last-minute Christmas gifts. You don’t quite know what to get anyone, so you buy a few scented candles and some fluffy toys for the kids and call it a day. Will they fully appreciate your gifts? Statistically, probably not. According to a 1993 paper by economist Joel Waldfogel, a recipient generally values their gift 10-30% … Continue reading Cash for Christmas? The economics of gift-giving
“The Almighty Dollar” is the BBC’s senior Economics correspondent Dharshini David’s first book. Published in 2018, the book focuses on following a single dollar from a transaction involving a radio in Walmart around the world and ends up visiting over 8 different countries. David uses a unique method to introduce common topics such as globalisation and trade. David’s book does lean towards the descriptive side, … Continue reading “The Almighty Dollar” by Dharshini David
On Tuesday 22nd September, the Keynes Society was delighted to welcome, virtually, Colin Coleman for the first meeting of the term. Colin Coleman is an expert on South African affairs: after setting up the South African and sub-Sahara African enterprise for Goldman Sachs and serving as its CEO for 20 years, he was appointed senior fellow and lecturer at Yale’s Jackson Institute for Global Affairs. … Continue reading Colin Coleman: “The South African Economy”
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