School of Applied Social Science

If the banks were too big to fail, why isn’t the British steel industry?

Alex Simpson, University of Brighton The financial crisis of 2008 taught us that markets fail. But the current plight of the steel plant in Port Talbot, Wales, shows how not all markets fail equally. Eight years ago the UK treasury pumped £850 billion into a failing banking industry. Teetering on the brink of collapse, the…

Continue Reading

The Big Short is a perverse Robin Hood parable – in which King John wins

Alex Simpson, University of Brighton At heart, The Big Short – which just won Best Adapted Screenplay at the Oscars – is a parable. Much like Robin Hood’s comment on the greed of King John, it warns of the dangers that come from taking from the poor for personal gain and power. It is a…

Continue Reading

Skip to toolbar