The Market
When Forbes began tracking wealth in 1987, they identified approximately 140 billionaires globally; under 40 years later, this number has increased by over 1,000%, now sitting at 3,428. It is undeniable that wealth inequality is increasing rapidly in our society, but is the growing prevalence of billionaires an
Explainers
Inflation is the sustained increase in the average price of goods and services in an economy. As price begins to increase, consumers' purchasing power begins to fall - meaning we can no longer buy the same value of goods for the same amount of money. The UK targets a stable
The Perspective
A system of government in which it is the people that rule, democracy strikes a delicate balance with ochlocracy, more commonly referred to as mob rule. A successful democracy draws this distinction, but to do so it must meet the following criteria (Dahl, 1998): effective participation, voting equality, enlightened understanding,
The Market
Introduction Traditionally markets have operated under the assumption that identical prices will be offered to all consumers for identical products regardless of data collected on that consumer. However developments in artificial intelligence and increase in actionable data held by firms has allowed the start of prices tailored to consumers. Personalised