We asked London who runs the world’s economy. Surely not Donald Trump?
The economy is all around us, yet many of us feel like we can't describe or explain it – let alone change it
Can economics be for all of us? Do we know what economics is? Who runs the economy? We took to the streets of London and asked some of the people we came across what they thought.
…and more importantly, what on earth is economics? This whole website is about starting a conversation about what economics is and could be. To work that out, we’ll need to look back at how this discipline emerged in the first place, what so-called ‘economists’ do, and what the future of economists could look like if we all became ‘citizen economists’.
Minimum wage is a good thing to stop employers ripping people off (although this still happens) but the wage rise each year comes at a price… everything PRE minimum wage rise (April) council tax goes up, internet goes up, you pay more tax, phone bill rpi index rise kicks in, public transport goes up, food goes up… so you really don’t gain anything.