Category: Political Economy
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The Far Right Is Closer Than It Appears
By Neha Arvind Illustration by Keo Morakod Ung I was in London on the 13th of September, the day of Tommy Robinson’s “Unite the Kingdom” march, where thousands of anti-immigrant protestors strode around London Bridge. On the train, there were hundreds of stickers saying, ‘Patriotism isn’t racism’ plastered on a St George’s Flag. To complement…
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Britain’s Fork in the Road: Reform UK, or Genuine Reform?
By Henry Bushell Illustration by Keo Morakod Ung It is no surprise to anyone that the hard-right has been on the march across Europe, for some time now. While placing parties on the political spectrum isn’t an easy task (hard-right parties and their followers often strongly deny links to extremism), it shouldn’t be controversial to…
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Gary Stevenson: Can a Wealth Tax Fix Britain’s Economy?
By Manav KhindriIllustration by Keo Morakod Ung It is highly likely that most of the people reading this post would have heard of Gary Stevenson in the past weeks and months. A self-proclaimed maestro-City-trader-turned-activist, Stevenson’s online presence as a mouthpiece for the middle- and working-class has sent ripples throughout the country. His stated mission – to tackle…
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The invisible hand of power: why economics can’t escape politics
By Celine NoureddineIllustration by Keo Morakod Ung I. Introduction Economics presents solutions to worldwide dilemmas through the aim of highest efficiency. The technical soul of economics hides the hard truth: real-world outcomes are often shaped by political decisions rather than the favourable, logical solution. By ignoring politics in economics, we fail to present a complete…
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Business Co-operativism: history, merits and future of the co-op
By Henry BushellIllustration by Keo Morakod Ung The ‘worker-led co-operative’ sounds like an institution that might be found in the old European Eastern Bloc, far from something that would be seen in a 21st-century Western capitalist economy. UK readers may be surprised, then, to find out that you have almost certainly shopped in one, may…
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The Dollar Spiral: Trump’s Doom Loop Effect
By Anika PriyaranjanIllustration by Keo Morakod Ung Markets love certainty, and Donald Trump’s re-election gave investors exactly that—a clear direction, familiar policies, and a pro-business agenda. The stock market surged in response, riding a wave of optimism fueled by promises of tax cuts, deregulation, and economic growth. But beneath the surface of this financial exuberance…
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Why everyone should care about economics
By Henry BushellIllustration by Keo Morakod Ung John Maynard Keynes, perhaps the most influential economist of last century, has a line at the end of his famous book The General Theory of Employment, Interest and Money (1936) which I think is underrated in its truthfulness, even in today’s world: “… the ideas of economists and…
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Why must we rethink the economics curriculum?
By Kashvi Singh and Manya GuptaIllustration by Keo Morakod Ung For a long time, it was not easy to understand exactly what it was that we expected to see more of in our economics curriculum. We knew that our lectures and seminars were not allowing us to develop the understanding of economics that we had…
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UCL Rethinking Economics 