Denmark vs UK Economy

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Imagine an economy with high wages, low debt, public services which work, a short working week and free university tuition. It’s kind of the opposite to the UK, which has seen wage stagnation, growing debt, unaffordable housing and long waiting lists. How Danish Living Standards Surpassed UKWatch this video on YouTube This model economy does …

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UK Economic Decline During Past 100 Years

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In 1913, Britain was the largest trading nation in the world. 50% of global capital investment came from London. It was an economic powerhouse which defied its small size. But, in the past 100 years, the pound has devalued and the UK has seen a steady decline in relative importance. Some of this was inevitable, …

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Meaning and Calculation of Index Numbers

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When displaying time series data, it often makes sense to use index numbers. Index numbers are a simple way of making it easier to compare numbers over a period of time. Index numbers measure relative changes in the price of a sum of representative data. For example, the FTSE-100 is an index displaying the average …

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How the Rich Avoid Paying Tax

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UK Billionaire Jim Radcliffe recently complained London streets were not safe and it is true, in recent years, knife crime has increased and the justice system remains underfunded, overcrowded with a backlog of cases. But can we actually afford better public services? How the Rich Avoid Paying TaxWatch this video on YouTube Despite stagnant incomes, …

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Why Denmark is rich despite high taxes?

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Denmark is an economic powerhouse with a GDP per capita higher than Germany, Netherlands and the UK. It is one of the richest countries in the world, but remarkably unlike Norway has no particular oil riches. Also, it has achieved its wealth despite having one of the highest tax rates in the world. What is …

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