Blog

George Osborne: Judging his legacy

Sidharth Bhushan - 22 July 2016 - Economy

As time goes on, much of Osborne’s work will drift into the background but he will be remembered for two things: austerity and politics. Osborne stuck to austerity in the face of heavy criticism - something for which he should be credited. A lot of his other work, however, such ...

The Treasury's Brexit alarmism has not materialised - there's no reason to pursue looser monetary policy

Daniel Mahoney - 21 July 2016 - Economy

Prior to the EU referendum on 23rd June the Treasury published “the immediate economic impact of leaving the EU”, which warned of dramatic short-term consequences arising from a Brexit. It predicted that government borrowing costs would rise, economic activity would fall and a recession would become a near certainty.However, analysis ...

What can we learn from successful US charter schools?

Chloe Cook - 18 July 2016 - Education

Recent strike action from the National Union of Teachers (NUT) has created further tension around the academisation of schools, with the policy being linked to issues such as school budget cuts. What’s more, critics have claimed that academies and free schools have failed to improve results significantly. But beyond this ...

Unconditional Basic Income - Rethinking the Labour Market

Mirjam Otten - 15 July 2016 - Economy

Unconditional Basic Income (UBI) is a long-standing national social policy idea. Founded upon man’s right to live in freedom and dignity and his rights to individual choice and social protection, it makes a case for modern liberal egalitarianism. Defined as ‘an income paid by a political community to all its ...

Turkey – Foreign Policy Lost in Conflict

Mirjam Otten - 12 July 2016 - Foreign Policy

Turkey has become a ‘melting pot of crises’ throughout the past few years, a phenomenon President Erdogan himself has called a ‘humanitarian drama’. Due to the situation of its Syrian neighbour, the country faces immigration numbers almost triple the size of Europe, a situation putting intensive pressure on public finances ...

Post-Brexit Britain: a case for a points-based immigration system

Chloe Cook - 04 July 2016 - Immigration

Post-Brexit Britain: a case for a points-based immigration systemThis week, Boris Johnson set out a post-Brexit vision in which the UK continues to enjoy access to the single market, whilst restricting EU immigration through an Australian style points-based system. The proposed deal was unlikely to ever be accepted by EU ...

Uber: Is it good or bad for the UK economy?

Camron Aref-Adib - 20 June 2016 - Economy

Sadiq Khan’s pledge to have ‘a cap on the number of private hire vehicles’, has sparked further debate on whether the introduction of uber has had a positive effect on the UK economy. Currently, there are roughly 100,000 private hire vehicles in the capital – a 10% increase from 3 ...

International students are starting to stay away, but is that really what the UK needs?

Yi Lian Lee - 17 June 2016 - Education

Last year, international students were shocked with the news that they would be imposed with strict laws on their – already expensive – UK student visas, including being banned from working while studying. This news spread like wildfire among the community of international students on social media, where many have ...

The EU referendum: what would Keynes and Friedman do?

Camron Aref-Adib - 10 June 2016 - EU Referendum

John Maynard Keynes and Milton Friedman are arguably the two most significant economic thinkers of the 20th century. Many of their theories still dominate economic teaching at university, particularly their debate on whether increasing government spending increases output by more than a rise in the money supply. It is fair ...

The Retail Industry Is Rapidly Evolving, Can You Keep Up?

Yi Lian Lee - 09 June 2016 - Economy

In the last few weeks, Austin Reed and BHS have joined the list of casualties as a result of changes in the retail industry. Both have announced that they will close their stores in the last few weeks, the only exception being five Austin Reed concessions in Boundary Mills outlet ...

Generation Rent – should this be a concern?

Yi Lian Lee - 07 June 2016 - Infrastructure

According to the latest Homelet Rental Index, London rents are unsurprisingly the highest on average at £1543, and the average for the rest of the UK at £764. For most 16-24 year olds, this can be up to 81% of their average gross income once state housing benefit has been ...

The Refugee Crisis - the economic perspective

Camron Aref-Adib - 06 June 2016 - Immigration

Much has been made of the debate whether to take in more Syrian refugees into the UK in the aftermath of David Cameron’s hesitancy to take in children from European camps. In this debate, however, a key argument has been lost. There has been too much focus on the idea ...

The Treasury’s Brexit claims on housing are exaggerated and an unnecessary distraction

Daniel Mahoney - 02 June 2016 - EU Referendum

Among a series of claims in the Treasury’s short-term Brexit analysis were some quite startling projections about the potential impact on UK house prices. Relative to a vote to remain in the EU, the Treasury’s Brexit scenario estimates that UK house prices will be between 10 to 18% lower by ...

Europe or Bust? My recollections of the 1975 referendum

Jenny Nicholson - 01 June 2016 - EU Referendum

In 1975 I was involved in a non-political campaign to underline the “exciting advantages of the Britain’s continuing EEC membership”.  People for Europe appealed to those “unlikely to be inspired or impressed by politicians”.  “It will involve all kinds of other people – many of them famous, lots of them ...

Will endorsing Trump undo Paul Ryan's vision for the GOP?

David Cowan - 26 May 2016 - US Politics

The long road to November continues and GOP party leaders are beginning to come to terms with Trump as the presumptive nominee. Unity talks have been underway for a possible reconciliation between Trump and Paul Ryan, yet an endorsement has not been forthcoming.But endorsing, rather than rejecting Trump may be ...