By Kyra Ward, Editor, Economics Student March 29th, 2017 will go down in history as the day the United Kingdom (UK) officially left the European Union (EU), and the European experiment. While it will take two years to finalize negotiations, March 29th will mark the day that Brexit (Britain’s Exit) became official. No matter how Brexit…
Category: Theory
Blockchain: A Tech Improvement or Revolution?
By Giovy Drysdale-Anderson Editor, Economics & English Student When Bitcoin first launched, few had heard about the world’s first digital currency functioning on a peer-to-peer system. But since its launch by Satoshi Nakamoto on October of 2008, it has played a major role in propelling us into the age of Fintechs. The various changes to traditional industries…
The Market This Week: Feb 20
By Tom Weston Economics Student Global stock market indices reached new highs this week. The recent rally is largely a consequence of the election of President Trump, with his economic policies – tax cuts, infrastructure spending and financial deregulation – expected to improve economic growth prospects for the US. The FTSE All-World share index broke…
Why we Should be Learning the Radical History of Economics
By Adam Strømme Editor-in-Chief, Economic & International Relations Student As a student of the history of economic thought, i’m almost more comfortable discussing the various points of conflict between various economic theories than the theories themselves. Economics, like no other discipline, has been defined by debate and controversy. And the debates which have raged are far from topical, they…
The Market this Week: 25 September
By Stephan Maier Editor, Economics Student Continuing from last week, the FED continues to dominate market sentiment with chair Janet Yellen speaking to the House Financial Services Committee on Wednesday. US equities, despite sliding on Friday, rose by 1.2% over the past week, welcoming the increased certainty of one rather sure rate hike this year in December, should…
The Market this Week: 18 September
By Stephan Maier Editor, Economics Student The dominating announcement for an otherwise quiet coming week will be the FED’s Federal Open Market Committee deciding on interest rates and publishing their decision at 7 pm our time on Wednesday. With a lot of talk about a rate hike in 2016 and no action taken so far,…
Economics: a Social Science?
By: Adam Strømme Editor-in-Chief, Economics & International Relations Student After the crash of 2008, many were understandably mad. Mad at the greed of speculative financiers; mad at the ineptitude and willful ignorance of regulators; mad at the lack of punishment of those responsible; and mad at the perpetual austerity the bailouts had now offloaded onto…
Cannibalistic Corporations: the Emerging Danger of Debt
By Dillon Yeh Correspondent, Economics Undergraduate Student Imagine a lizard without means of nourish in a vast desert. In order to survive the lizard begins eating its own tail, with the ability to regenerate the part again. However, with each consumption, the tail returns ever diminishing in size. The lizard is forced to mutilate itself…
The Whale on Stage: The Risk of Sovereign Wealth Funds
By Dillon Yeh Correspondent, Economics Undergraduate Student There is your money, which usually sits in a checking or savings account in a bank. But if you have enough money, then you can put some of it into stocks. Enter stage left, your retail investors. But if you have even more money, then you can pay…
In Search of the Real Adam Smith
By Adam Stromme Editor-in-Chief, International Relations & Economics Undergraduate Student When people think about Adam Smith, they often remember one thing before anything else: the “invisible hand.” And automatically, from that one particle of memory from introductory economics, the rest all falls into its familiar place. Amongst the great pantheon of Liberal thinkers, Adam Smith…
Economics Book Club: Migration, its Economic and Social Effects
By Diksha Babbar EPRG Outreach, The Economics Society This semester Dr. Ian Smith from the School of Economics and Finance has organised a weekly Economics book club. The main aim of the event is to encourage discussion on current economic issues amongst students passionate about economics. The book club is not restricted to Economics students, but is…
Excellent Essays: The Industrial Revolution as a Result of Britain’s Commercial Success Between 1500-1750
By Sergey Puchkov Economics Undergraduate Student Trade as the Cause of the Industrial Revolution in Britain As Robert C. Allen put it, “Britain’s empire served Britain’s economy.” Between 1500-1750, Britain established a colonial trade empire, and overtook Mediterranean economies in the production and export of wool and draperies. The development of commerce led to: (1) the growth of…
