The economics of influencer boxing

When you think of boxing today, the focus is not necessarily on the best in the world, but on those with the greatest number of followers. The difference is clear: Logan Paul vs. KSI 2 on November 9, 2019, sold 2 million pay-per-views. On the other hand, Oleksandr Usyk vs. Tyson Fury 1 (which was for the WBA, WBO, WBC, and IBF world titles) sold … Continue reading The economics of influencer boxing

Pandemic Inequality in the UK

The crisis that was Covid-19 proved to be far more than just a global health crisis, the world witnessed unprecedented social and economic change. Governments imposed lockdowns and closed borders to control the virus; people were forced into social distancing and self-testing, and humanity’s primitive instincts took over as people panic-bought mass amounts of toilet roll and face masks. Covid-19 provided everyone with a shared … Continue reading Pandemic Inequality in the UK

The Business of War: Inside the Military-Industry Complex

The concept of a Military-Industrial Complex (MIC) refers to the relationship between a country’s government, military, and defence industry, where political and economic interests become intertwined. The idea of a MIC arose in President Eisenhower’s Farewell Address in 1961, where he warned of its potential influence on national policy and democracy.   “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought … Continue reading The Business of War: Inside the Military-Industry Complex

The Malthusian Model

Introduction The Malthusian Model was proposed by Thomas Malthus in 1798 in his book ‘An essay onthe Principle of Population’, with the goal of showing the dangers of excessive populationgrowth in a pre-industrial world, where the majority of economic activity was produced bythe agricultural sector. While this model may have been relevant in pre-industrial England,due to the huge technological development which has occurred in the … Continue reading The Malthusian Model