In recent years we’ve seen an increasing amount of polarisation in the western world towards politics of either the hard right or far left.
Topics like Brexit, globalisation, the Euro currency, trade wars/protectionism, enrichment of billionaires and rising inequality have all featured in people’s strengthening views.
The “Socialism vs. Capitalism” debate is currently reinvigorated.
Along with Mathematics, Economics was a subject I performed well at academically and continued to interest me throughout my business career.
In this topic, I’ll attempt to simplify some of the complex economic issues in the hope it can help some of those with polarised views to move to more of a consensus.