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Why is the UK government so afraid of inflation?

Why is the UK government so afraid of inflation?

Evan Lam The UK government (along with many other governments) is getting increasingly concerned about the rise of inflation. Inflation is the general rise in prices of services and goods over a period of time. High inflation is bad for several reasons, such as reduced spending power, decreasing value of

By Lizzie Johnson: Interview with the wife of a hunger striker protesting against the IRGC

Old Nottinghamian, Lizzie Johnson, wrote an eye-opening article about the struggle to pressure the UK government to consider the Iranian Revolutionary Guard Corps (IRGC) a terrorist group. Through interviewing the wife of a British-Iranian hunger striker, she explored the importance of his work in not only promoting freedom in Iran,

Do the positives of democracy outweigh the negatives?

Do the positives of democracy outweigh the negatives?

Marcus Jamnadas-Khoda Democracy dates back thousands of years. Believed to have begun in the city-state of Athens by Cleisthenes, [1] it originally comes from two Greek words: the word ‘demos’ meaning people, and the word ‘kratos’ meaning power. Therefore, democracy can be thought of as ‘power to the people’ – a

Do we still live in a time of political populism?

Do we still live in a time of political populism?

Anika Khanna What happens when people feel their voices are not being heard by the political and economic elites? The answer, it seems, is political populism. In recent years, we have seen a growing number of political movements that claim to represent the interests of regular people against the established

What is the Euro’s most fundamental problem?

What is the Euro’s most fundamental problem?

Jack Downey The Euro was established in 1999, with 11 countries adopting the single currency. Now, the Euro is the currency of 20 European Union states known as the Eurozone. Superficially, the increased membership of the Eurozone suggests that the single currency has been successful. However, the Eurozone continues to

Monetary policy talk by Professor Martin Weale

Monetary policy talk by Professor Martin Weale

Recently, Professor Martin Weale remotely delivered an engaging and informative talk to economics students on monetary policy and inflation. A senior academic at King’s College London and former member of the Bank of England’s (BOE) Monetary Policy Committee, his expertise provided us with valuable insight into the UK’

Do robots reduce wages?

Do robots reduce wages?

Will Merritt Since the 1950s, when the first industrial robots were used in manufacturing processes, robotics and automation in the workplace has continued to increase across almost every industry sector. Such advancements have changed, and continue to change, the employment landscape, improving efficiency, safety, productivity and quality. However, while such