What are the best economic predictors for armed conflict and peace ?
Written for the 2025 LSESU Essay Competition by Neerav Soni Armed conflict and peace are difficult to predict. They occur at a variety of scales and contexts.. Authoritarian states and democratic states alike are involved in armed conflict and peace. Conflicts erupt ranging from drug wars in Mexico to border conflicts in Kashmir and full…
How can Economics and Game Theory explain the high price of a Supercar
Supercars are a common form of Veblen Good which are goods and services that contradict the law of demand. A Veblen Good is defined by Thorstein Veblen as a good or service for which quantity demanded rises as prices rise. This phenomenon can be illustrated using the demand curves below. Both Fig. 1 and Fig.…
What is happening to Spain’s housing market?
Spain is a country renowned for its beautiful culture, weather and language; however, it is also home to civil unrest, particularly surrounding the topic of housing. Ever since the 2008 financial crash, more and more adults have been unable to join the property ladder, with 30 years being the average age people can move out…
The Rise and Fall of the Stockbroker
The role of a stockbroker has become far less prominent in the modern era. This is particularly interesting when you consider the power and wealth stockbrokers were amassing following the economic boom of 1920s and 1990s, compared to now, where the job has become a shadow of its former self. So, what happened? Was it…
An evaluation of economic regulation and its effectiveness in UK markets
Over the past few decades, economic regulation has played an increasingly important part in shaping various markets across the UK. The first regulatory body, Oftel (The Office of Telecommunications), was established in 1984, following privatisation of the telecommunications industry (The National Archives, 2009). Throughout the 1980s and 1990s, regulating bodies were introduced across a range…
Why China’s economic success surpasses the rest of the world and why it’s challenging to replicate
China’s rapid ascent to global economic and technological dominance has been a remarkable phenomenon. Over the past century, it has transformed from an agricultural society into one of the most technologically advanced and industrially powerful nations in the world. This article explores the key factors behind China’s economic success and why other nations find it…
Is universal basic income a viable solution to inequality in the 21st century?
This article examines the theoretical background, practical application and long-term viability of universal basic income (UBI) through logical analysis and historical evidence. In an era marked by unprecedented technological advancements, rising wealth inequality, and the looming threat of job displacement from technological advancements (AI), UBI has emerged as a bold and controversial policy proposal. UBI…
The Impact of Monetary Policy on Macroeconomic Objectives
Monetary policy is an ‘action that a country’s central bank or government can take to influence how much money is in the economy and how much it costs to borrow’ (Bank of England, 2024). This can be achieved through the manipulation of interest rates (the most common), open-market operations, reserve requirements or quantitative easing. The Bank…
UK Budget Proposal
This is a theoretical budget proposal developed by Neerav Soni, Kushh Mishra, Akshay Balaji and Sainath Jasti for the 2024/25 IEA Budget Challenge. It contains ideas for many schemes for the UK Government to implement as well as a general budget breakdown. All figures are correct as of January 2025. We hope you find our…
ECONOVISION 