Ideas Lab
You squint as the sun pierces your eyes. The towel you laid neatly across the rocks hours earlier has been crumpled at its edges by passing feet. Around you, the once-empty beach is alive with conversation: children splash in the shallow water, parents hand out snacks, and groups of
Explainers
The Scale of the Problem £550,000 - that is the price of an average London home. The median full-time annual salary is roughly £47,000, meaning that the average home costs approximately 11.7 times yearly earnings. Rent isn’t a much better alternative, absorbing an average of approximately
Ideas Lab
“Put a price on emotion.” Harry Styles’ Fine Line lyric poses, perhaps unintentionally, a question that both economists and governments have spent decades trying to answer: can human wellbeing be reduced to a number? Too often the modern-day meaning of wealth is substituted for money, but empirical data suggests