Logical Economics Issue 1

Welcome to our first issue of Logical Economics; this termly publication has been designed by students for students to help better understand stories that happen around the world, with just a hint of Economic theory sprinkled in.

The UK might be heading towards a recession (at the time of writing this article); interest rates remain relatively high; the cost of living crisis is still around (1); multinational firms are still exploiting developing economies and the environmental and ecological disaster that is looming feels like a weight on many shoulders (2). Sounds like doom and gloom.

However, it might not all be bad news. Machine learning and developments in AI is enabling faster research and reduce clinical trial (3); research into  limitless energy is making greater strides and global absolute poverty rates are still falling (4).

Take a critically balanced view of the world.

Mr. Shah

(1) https://www.imf.org/en/Publications/WEO
(2) https://www.pwc.co.uk/services/sustainability-climate-change/change.html
(3) https://www2.deloitte.com/uk/en/insights/focus/tech-trends/2017/moving-beyond-artificial-intelligence.html
(4) https://devinit.org/resources/poverty-trends-global-regional-and-national/