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Written by Alice Even Illustrated by Keo Morakod Ung Since the oil crisis, for over 50 years, France has been running fiscal deficits every year. The government has been spending more than they earn and they have had to borrow to fund their expenditure. This racking up of debt, and the accumulation of the debt…

Written by Albertina Robinson-Welsh Illustrated by Keo Morakod Ung After two decades of left-leaning populist governance, Argentina entered a new political era with the election of President Javier Milei in December 2023. Prior to their election, the country was facing two persistent traumas: triple-digit inflation and long-term economic stagnation. However, upon taking office, Milei pledged…

By Henry Bushell Illustration by Keo Morakod Ung In mainstream economic discourse, when inequality is discussed, it is usually discussed in the context of income inequality. In general, income inequality in the UK increased in the years between the start of Thatcher’s government and the beginning of the Great Financial Crisis. This focus on income inequality does make sense: the level of an economic actor’s income,…