Modern Monetary Theory (MMT) is not a particularly new idea. It has been around since at least the 1940s. At its core is the recognition that a currency issuing government has no need to issue debt in order to fund government spending. Governments can (and do) simply spend the money into existence. This is aContinue reading “Modern Monetary Theory – An Idea whose moment has come”
Category Archives: Prize-Entry
Invest foreign aid in production of British goods for aid export
Instead of sending money abroad as aid to foreign countries. I would invest more (not all) foreign aid budget in British manufacturing of goods that can be exported as aid. This would help stimulate British industry and create production jobs. Production of goods can be situated in areas of the country with both the requiredContinue reading “Invest foreign aid in production of British goods for aid export”
Installing E-bike charging points in public parks and open spaces
Electrically assisted E-bikes are known to make users more physically active. Many public parks a modest distance from population centres and within cities have car parking, but no facilities for securing and re-charging E-bikes. This is clearly a nonsense when we do not have road capacity for more cars, and when a number of E-bikesContinue reading “Installing E-bike charging points in public parks and open spaces”
How britian can save the world with cereal boxes.
First of my key two scentances of research: 91% of plastic is not recycled only nine percent is recycled. 79 percent goes into landfills or into the natural environment as litter. As a year 10 student taking design & technology for my GCSE I chose to solve how much materials are sent to landfill causingContinue reading “How britian can save the world with cereal boxes.”
The opportunity to create fitness friendly communities
We have an opportunity post-COVID is to maintain people’s enthusiasm for outdoor exercise and to maintain lesser use of cars. Disincentives to outdoor exercise pre-COVID were the lack of places to cycle and walk which were perceived to be safe. Lockdown presented an opportunity for pedestrians and cyclists to claim the roads. In order toContinue reading “The opportunity to create fitness friendly communities”
Improving housing towns and the environment
All applications for planning for housing, needs careful scrutiny, to enable people to live in homes large enough for the family to sit down and eat together and have a separate work space. The plans also need to include local facilities for food and enable outdoor exercise. Smaller communities and smaller towns in slightly largerContinue reading “Improving housing towns and the environment”
Proposal for an online certificated preparation for university scheme.
The impact of restricted learning since the onset of the pandemic will undermine the education of secondary and sixth-form students for several years. The negative impact will be not only on achievements in 16 to 18 school qualifications but also on the extent to which students may be adequately prepared for their lives and studiesContinue reading “Proposal for an online certificated preparation for university scheme.”
AES
To incentive employers to take on staff to train reduce the starting rate of paye 2.5% year 1 increase to 5% year 2.At the end of that year the employee has to comit to stay in that employment for a further 3 years the rate of paye then goes to 7.5% year 4 and 12.5Continue reading “AES”
Ensuring online platforms declare origin of manufacture
Online purchases have soared during the pandemic but it’s clear that online platforms enjoy significant advantages over high street retailers. One minor change that would ensure that the rules are the same for both would be to mandate that origin of manufacture is declared prominently on all products sold online. It is often not possibleContinue reading “Ensuring online platforms declare origin of manufacture”
Develop UK capacity to manufacture vaccines and other innovative products.
The UK government should work alongside our scientists and investors to develop vaccine manufacturing capacity to bring the work of our scientists and engineers to the market and create wealth for the UK. Too often our R&D is adopted and put into production by manufacturers in other countries. 133-11
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