Contestability TheoryCOntestibility theory was first presented by Baumol in 1982 and then by Baumol, Pazar and Willig later in the same year. It suggested that…Jan 17, 2022Jan 17, 2022
The Gas and Oil price catastropheAs many of us have seen, gas and oil prices have risen considerably in the past few months and as of now, it is virtually impossible for…Sep 30, 2021Sep 30, 2021
3 Brief reasons as to why the Bolsheviks won the Russian Civil WarThe Bolsheviks remained in power from 1917–1922 because of the weakness of opponents.Sep 1, 2021Sep 1, 2021
Foreign Intervention in the Russian Civil WarBy 1917, two million Russian soldiers and civilians lay dead, with nearly three million more wounded and sick. In February of that year…Jun 23, 2021Jun 23, 2021
Rising Stock Markets and Quantitative EasingThe Corona Virus has stripped hundreds of thousands of people around the world of their jobs and livelihoods but every since March, global…Dec 31, 2020Dec 31, 2020
Rising House Prices in the UK in 2020Over this last year, house prices have increased dramatically to the highest they’ve been in the last 6 years. Despite the global pandemic…Dec 30, 2020Dec 30, 2020
Micro and macro economic impacts of the spending review by Rishi SunakThe new 2020 budget has purposely been greatly increased to account for the devastating effects of the Coronavirus. Unlike the 2008…Dec 2, 2020Dec 2, 2020
Nudging and it’s uses todayNudging is a concept created by Richard Thaler in behavioural economics which proposes positive reinforcement and indirect suggestions as…Oct 23, 2020Oct 23, 2020
The Works of Adam SmithDay two: A look into Adam Smith, ‘the father of Economics’Jun 11, 2020Jun 11, 2020