Month: October 2017

The National Living Wage experiment

The National Living Wage (NLW) was introduced in April 2016, hiking the minimum wage for those aged 25 and over from £6.70 to £7.20 an hour. At the time, [...]

Hollywood privilege and the cost of political correctness

Hollywood must feel a bit different these days. The name is synonymous with movies, but it is the exploits of Harvey Weinstein, one of the most powerful men in [...]

The minimum wage revisited: rise of the machines

It’s simple economics, really. In economic literature it is known as factor substitution: one input (factor) of production (like labour) can, given [...]

Check your privilege

I am part of the problem. I know I am. And I haven’t even taken the ‘How privileged are you’ test yet. I am part of the problem, not only because I am [...]

Capitalism’s rotten reputation

When Matthew Elliott and James Kanagasooriam from the Legatum institute set out to investigate Britain’s attitude to economics, it was against the background [...]

Some useful facts about guns and America

American gun culture has again come in for severe criticism after the latest mass shooting in Las Vegas. Over 50 people were killed when 64-year old Stephen [...]