By Jianing Shao.

By Kyah Meek.

By Juhyeon Eom. The past couple of decades are marked by astonishing macroeconomic success in delivering unprecedented price stability. Indeed, humanity has never observed such a combination of a consistently low rate of inflation and unemployment for an extended period — many have celebrated this massive triumph in macroeconomic doctrine…

By Dianyi Yang Abstract The existing literature has shown that current monetary tools are insufficient to address the current issue of stagflation and have contributed to the pre-existing problems of wealth inequality and high debt levels. Therefore, I propose a new set of monetary tools, namely the “Inverted Monetary Policy” (IMP)…

By Cai Hui Lien. Introduction Data is the new oil. In the digital economy, the abundance of data has reached astronomical proportions, with digital data forecasted to reach 181 billion trillion bytes in 2025 (IDC & Statista, 2021). In concrete terms, this amounts to a stack of reports reaching from…

By Supeakcha Maskey, Curtis Wu and Sherry She. Introduction This article discusses the current cost of living crisis facing the UK and the rest of the world. While the rich are less impacted by such economic change, the relatively poorer population could face a huge living challenge to afford their…

By Yating Zhang. Introduction In conventional economic analysis, economic agents are widely considered to be rational utility maximisers (Akerlof and Shiller, 2009). The practicality of this assumption has stimulated economists to develop new theories and concepts to accommodate for variants of this convention. …

By Szilvia Rosental and Jiaming Liu. Introduction Earlier this year, poverty campaigner Jack Monroe’s claim that the ONS’ CPI measure “grossly underestimated” inflation and price increases for the poorest households created a lot of media attention. (BBC, 2022) The ONS restarted their publication of inflation data broken down by income…

By Zachary Cameron Modern Monetary Theory (MMT) has been described as a “fringe macroeconomic theory which argues that government spending need not be paid for by taxes” and has been characterized as positing that “governments can run budget deficits as large as they wish without facing adverse consequences” by members…