An underrated President by many, George W Bush took office in 2001 amid a recession due to the collapse of the tech bubble that began in the 1990s. Bush’s first election was of particular controversy, due to the close margin of victory in Florida that pushed him just over the 270 electoral votes that wereContinue reading “The Economic legacy of the Bush administration”
Author Archives: Jamie Dean
An energy crisis in Europe
Surging gas and electricity prices have hit much of Europe, including the UK. Since July 2020, gas prices have soared due to supply shocks, rendering a Winter energy crisis imminent. Such inflation in the energy sector greatly threatens the post-pandemic recovery, as consumers are faced with reduced disposable income. As a result, it is unsurprisingContinue reading “An energy crisis in Europe”
National Insurance Contributions
National Insurance was first introduced in 1911 by the Liberal government at the time. The first part of national insurance provided health insurance for employees, whereby both employees and employers contributed fixed amounts towards a health insurance fund. In turn, employees received free treatment for conditions such as tuberculosis. The second part of national insuranceContinue reading “National Insurance Contributions”
The poor state of the UK economy
The post-recession economic recovery in the UK has been far from great. The coronavirus outbreak hit the British economy harder than most, with GDP falling 12% in 2020 – the third largest contraction in the G20. GDP in six of the twenty G20 nations is now above pre-pandemic levels; at the same time, the UKContinue reading “The poor state of the UK economy”
Free Marketeer 