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Young Economist of the Year competition sponsored by KPMG

The 2024 Young Economist of the Year competition is held by  Discover Economics , sponsored by KPMG and the Financial Times. To find out more and enter your submission, click here .

The Young Economics of the Year Competition is our annual student-based competition, to encourage students to think about current economic issues and promote the study of economic science.

The competition aims at encouraging Year 10 – Year 13 students (in England and Wales, or equivalent in Scotland and Northern Ireland) to produce their own ideas in analysing contemporary economic problems facing the UK and the world.

Stay tuned to find out more about the 2024 competition, and sign up to the Discover Economics newsletter here !

More information below.

economics essay competition

Previous winners

economics essay competition

Royal Economic Society announces Young Economist of the Year

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Winners of the Young Economist of the Year competition 2022

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Winners of the Young Economist of the Year 2021

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Winners of the Young Economist of the Year 2020

Young economist news.

economics essay competition

Discover Economics launches 2024 Young Economist of the Year Competition

economics essay competition

Winner of Young Economist of the Year 2022 competition: cryptocurrency

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Winner of Young Economist of the Year 2022 competition: value of education

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Winner of Young Economist of the Year 2022 competition: cost of living crisis

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Greater Lincolnshire: A Plan for Economic Development – overall winner of Young Economist of the Year 2022 competition

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Foreign, Commonwealth and Development Office launches Next Generation Economics Competition

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Beyond GDP Essay Competition

The SDG Lab in collaboration with Rethinking Economics have launched an essay competition for young people to share their perspective on moving beyond GDP. Essays should reflect on the following question: 

The Gross Domestic Product (GDP), a measure of the economic output of a country, has become one of the most powerful statistics of our time. It has, however, been used in unintended ways, including as a proxy for wealth creation, wellbeing and development. Developing metrics to complement GDP could enhance decision-making in the best interest of people and the planet, and could fundamentally change our priorities and the future. What values and principles would you like to see in a Framework to Value What Counts beyond GDP and what are the challenges to be addressed as a priority? 

Ten winning essays will be selected to be included in a compilation to be published by the SDG Lab and Rethinking Economics. In addition, the authors of the top five essays will have travel and accommodation costs covered up to €1,300 to participate in a meeting on 17 April in person at the UN Offices in Geneva and share the main points of their essays during the meeting. We are unable to provide assistance with visa applications for those who are eligible but we can provide letters of invitation from UNCTAD. The guidelines are as follows:

Guidelines for essay competition 

Essays can be submitted by persons 30 years of age and under, regardless of the person’s affiliation with the Rethinking Economics network.

Essay submissions should be between 700 – 1000 words.

Your Essay should make a clear argument written in your own voice. 

If experts or other texts are cited, this must be clear. Hyper-linked references (if any) are preferred to footnotes.

If desired, essay submissions can be sent with a photo image. Images must be credited appropriately and free to be reproduced.

The essays will be evaluated jointly by a jury consisting of members of the SDG Lab and Rethinking Economics.

10 essays will be published in a joint publication by Rethinking Economics, the SDG Lab and IISD. 

The authors of the 5 top essays will win the opportunity to travel* to Geneva to participate in a meeting on moving Beyond GDP, hosted at UN Geneva.

Deadline for essay submissions is on March   6th.

*Winners of the essay competition will be responsible for their own visa applications. The SDG Lab will provide winners with an invitation letter for the meeting on 17 April. The SDG Lab and Rethinking Economics will cover travel and accommodation costs of up to 1300 EUR per person. 

economics essay competition

Essay Competition

 “the ideas of economists… both when they are right and when they are wrong, are more powerful than is commonly understood… indeed the world is ruled by little else” ,     j. m. keynes (general theory, 1936), essay competition 2023.

We received over 750 eligible submissions this year, with each one being hand-read and marked by our panellists at the University of Cambridge. Overall, we were thoroughly impressed by the quality of the responses to some of the most challenging questions in the competition’s history. We would like to thank every student that submitted an essay this year, and extend our warmest congratulations to the winners and shortlisted essays named below.

We are delighted to announce that the winner of the 2023 Marshall Society Essay Competition is David Lu of Raffles Institution, Singapore. David’s essay in response to Question 4 deftly balanced advanced economic theories with real-world data, clear explanations, and rhetorical flair, and was a pleasure to read. We look forward to publishing it in the forthcoming issue of The Dismal Scientist , the magazine of the Marshall Society, and awarding our top prize of £50.

In 2nd place is You Peng of Shenzhen College of International Education, China. Peng’s essay in response to Question 2 was theoretically advanced and well structured, and we would’ve liked to see even more real-world application. It will likewise be published and receive a finalist prize of £25.

In 3rd place is Hanyun Qian of Suzhou Foreign Language School, China. Hanyun’s essay in response to Question 5 was extremely original, insightful, and entertaining to read, and we would’ve liked to see an even tighter focus on the question set. It will likewise be published and receive a finalist prize of £25.

Our shortlisted essays, in no particular order, were as follows:

To everyone that took part in the competition, thank you for the time and care spent in preparing your essay, and all the best for your future studies. We hope you’re looking forward to the 2024 edition of the essay competition.

A reminder of the essay questions set this year is as follows:

  • In what ways could Artificial Intelligence reshape the labour market? Will it usher in Keynes’ ‘age of leisure’?
  • ‘Policymakers can’t exploit the Phillips curve to reduce unemployment due to the Lucas critique.’ Evaluate this statement.
  • The US Federal Child Tax Credit is scheduled to revert from $2,000 to $1,000 by 2025. Is this policy a mistake?
  • Tensions between the US and China have been steadily increasing. Is it in the US’ interest to decouple from China economically?
  • ‘There were no meaningful long-run changes in living standards until the Industrial Revolution.’ Discuss.
  • Has Economics run out of big new ideas? If so, what are the implications? If not, justify with an example.

Submissions for Equilibrium are now open! The Semester 2 regular deadline is May 12th, 2024.

Harker Oeconomia

Harker Oeconomia

Harvard international economics essay competition, description.

The 2023 Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA) in conjunction with the Harvard College Economics Review (HCER). This essay competition is open to high school students of any year and is a fantastic opportunity to demonstrate an accomplished level of writing and understanding of economic theory. Through the contest, student competitors hone their academic and professional skills and exhibit their knowledge to future employers and academic programs.  Competitors must construct a convincing argument using economic theory and real-world examples.  Winning essays will be published in the Harvard Economics Review and will be available for the greater Harvard community to read. Essays should focus on argumentation supported with facts and references, although data-based support is also welcome.

Department of Economics

Winners announced in the warwick future economists essay competition 2024.

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We are excited to announce the winners of this year's Warwick Future Economist competition jointly organised by the Department of Economics at Warwick and the Warwick Economics Society . They have been selected out of 53 entries for the outstanding quality of their economics essays.

The overall winner of the competition is Edie Farquhar from Cheltenham Ladies College in Cheltenham, whose essay considered the most important factors of the UK's persistent high inflation rate in recent years. Congratulations to Edie who will receive the top cash prize of £250.

We also congratulate the following students in the joint-second place who receive £50 cash prize each:

  • Mehar Amiri , The Cooper's Company and Coburn School
  • Emerson Leung, Mill Hill County High School

The collaboration between Warwick Economics Society (with nearly 3000 student members from over a hundred different disciplines) and the Department of Economics at Warwick has been going strong for many years, as we combine our aims to widen access and increase diversity within the subject of economics. Matthew Murray, Sagar Mishra and Aanya Manjakunnel from Warwick Economics Society and students on the BSc in Economics degree, commented about the competition:

Matthew Murray, President - " We were delighted to see so much interest in our second annual Essay Competition. At EconSoc, we want to help students succeed and this competition is an amazing opportunity for high school students to strengthen their university applications. We hope to see future winners as part of our society one day! " Sagar Mishra and Aanya Manjakunnel, Heads of Diversity and Outreach - "It was amazing to see the calibre of students all over the UK and their passion for economics. It was wonderful to hold this competition in partnership with the Warwick Economics Department sand we look forward to expanding this competition in the coming years."

Warwick Future Economist Competition was set up in order to raise the awareness of economics as a subject that is concerned with understanding the major global problems of our time, such as inequality, globalisation, healthcare, climate change and many more. The topics of the essay competition had been selected from the three key areas of economics: macroeconomics, behavioural economics, and environmental economics, and challenged the young students to write how economics can help understand better the cost-of-living crisis, the impact of conflict on the global economy and the climate crisis.

Quote from school - TBC:

"tbc"

Robin Naylor, Professor and Widening Participation Lead in the Department said:

"As a moderator of the submitted essays, I was delighted to be part of the collaboration over the Future Economists Essay Competition run by our students' Warwick Economics Society and supported by the Department of Economics. the essays I read all demonstrated the enthusiasm and the talent of the young authors in their thinking around the critically important issues facing the world and contributing ideas to resolve them for future generations. In the Department, we are keen to work with our students and with the Royal Economics Society's Discover Economics project to raise awareness of the wide-ranging and profound insights that can be gained from the study of economics. I thank all students who took part in this competition and hope they gained personally from their contributions"

Congratulations to the winners from all of us in the Department of Economics and the Warwick Economics Society.

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The Nottingham-World Bank Economics Essay Competition

Winning article.

  • The Nottingham-World Bank Economics Essay Competition 2021 asked, “What would be the economic consequences for Malaysia if technology replaces 50% of current jobs in the country? Who would benefit, and who would lose? Would we be better off ultimately?”
  • The Competition is open to all pre-university in Malaysia.
  • Published below is the Grand Prize written by Gwendolyn Chan Hui Pei from SMK Batu Lintang, Kuching.

Technology: Killer or Saviour? By Gwendolyn Chan Hui Pei, SMK Batu Lintang, Kuching

Kiva robots. That’s the name of Amazon’s “holiday workers” in a warehouse located in Tracy, California. Kiva robots are like orange suitcases on wheels that makes the shelves in warehouses come to you. More than 3000 of these robots cruise Amazon’s warehouse floors in California, helping employees complete millions of orders. Before Kiva robots, Amazon workers had to comb through warehouse aisles just to find certain products to complete shipments. Now, workers just stay on platforms while the robots bring the shelves with the items directly to them. These 320-pound robots can lift up to more than 2 times their weight, has motion sensors to detect objects in their way and can travel at 3-4 miles per hour. The robot’s small footprint allows it to fit up to 50% more inventory in the warehouses while simultaneously increasing efficiency up to 20%, filling orders in 15 instead of 90 minutes. Many worry about the jobs taken away from them by these robots, however this was not Amazon’s intention. But still, can we deny the number of workers these robots have replaced?

Applied technology can be evidently traced back to as early as the pre-16th century. In ancient Greece and Rome, many free workers became jobless due to simple ancient Greek technology in that period such as gears, screws, rotaries and mills. To overcome this, leaders in that era launched many public works such as infrastructure projects and recreational projects financed by the government to create jobs for the people. Some rulers go to the extent of refusing or banning new inventions and innovations to save labour costs. Emperor Vespasian, a Roman emperor rejected a new method of cost-effective transportation of heavy merchandise saying: "You must allow my poor hauliers to earn their bread." In the medieval and renaissance period, European authorities often sided with “guilds” or the majority of the working population and proceeded to refuse or ban new technologies. The constant dilemma of whether to adopt new technology can be seen in the 16th-18th century in Great Britain. The effect of innovation on employment became a concern which can be evidently seen when Queen Elizabeth I declined to issue a patent for a knitting machine invented by an English clergyman called William Lee on the account that it might cause the layoff of textile workers.

In the 19th century, many controversies and debates over technological unemployment arose. David Ricardo, a British political economist voiced his opinion on the implementation of technology and believing that it is often very injurious and harmful for workers when people substitute machine for human jobs. While many other economists supported his stand, a French economist named Jean Baptiste Say was the first to respond to Ricardo’s argument saying that machinery does not compete with labour, and society would be better off because of the increased productivity. Say mentioned that a new machine supersedes a portion of labour of a human worker, but does not reduce the amount of product, saying that it would be absurd to adopt it if it did. At that time, water carriers were relieved of duty due to the introduction of the hydraulic engine. Say could not deny the problem and recognised that the water carriers were still unemployed. Therefore, he believed that 3 factors would considerably alleviate the detrimental effects of unemployment:

  • New machines are gradually created and still more gradually brought into use, giving those who are affected time to adjust.
  • Machines cannot be created without the input of considerable human labour, which can create jobs for some workers even as machinery may put others out of work.
  • The circumstances of consumers, including workers affected by the replacement with machinery, is improved by the lower prices of consumer products. [Adapted and paraphrased from Bruce Bartlett (1984) Cato Journal, vol. 4(2), pages 625-650]

How would replacing 50% of the current jobs with technology look like for Malaysia, a developing country? Firstly, the controversial problem still remains - workers in Malaysia would be susceptible to technological unemployment or tech layoff. Figure 1 below depicts Malaysian jobs at risk of automation. With AI (Artificial intelligence) on the rise, and automation replacing jobs, semi-skilled and low skilled workers are at a high risk of losing their jobs. 90% of semi- skilled jobs such as support workers and salespeople consist of Malaysians and 4 out of 5 jobs at high risk of displacement are semi-skilled jobs as compared to low-skilled jobs. Although Malaysia heavily depends on low-skill foreign labour especially in manufacturing and industrial sectors and there is a possibility of the replacement with technology reducing our reliance on it, the probability of Malaysians being put out of their jobs is higher, leaving a large figure of Malaysian workers unemployed. This is because most blue-collared jobs are highly susceptible to automation and ironically, a large portion of those positions are held by Malaysians. This might cause Malaysians to switch to lower pay jobs or not being employed at all. The sosio-economy of Malaysians would be under immense pressure. Unemployed Malaysian workers would have to suffer a lower standard of life. Occupations that are routine based and have many manual tasks are more susceptible to replacement by technology as compared to jobs that are non-routined and require high cognitive skills. At the end of the day, although our economy may be growing due to rise in productivity and lower price in the long term, the wellness of our own Malaysian citizens may be neglected in the short term.

The World Bank

Source: Methodology adapted from Frey and Osborne (2013) and ILO (2016) data from ILOSTAT and DOSM, author’s calculation [Adapted from The Times They Are A-Changin’: Technology, Employment, and the Malaysian Economy by Allen Ng, Khazanah Research Institute ]

Not only are the welfare of Malaysians put at risk, but also the scale of the economic equality in Malaysia will be tipped. With the replacement of workers with technology, companies that adopt labour-saving technologies will monopoly the industries. Some firms have exclusive rights to methods of manufacturing products causing smaller firms to lose out in competitiveness because of higher cost-per-unit. This will cause a great difference in terms of income among high skilled workers and technology owners versus semi-skilled and low skilled workers. A greater inequality of wages within occupations will arise as only certain workers have the skills needed for certain jobs. Skills that are hard to acquire in the technological field also can cause wages to be unequal. On top of that, income inequality may result in a higher rate of health problems and social problems.

On another note, replacement of human labour with technology will cause Malaysia to face a massive restructuring in different sectors in the economy. As higher productivity with new technology lowers prices of goods and opens new sectors to be explored, new labour demand will be created in certain sectors. The demand for jobs will switch from manufacturing sectors to services in the future, just like how the demand for jobs switched from agricultural sectors to manufacturing sectors in the late 90s in Malaysia. The chart below depicts the change in share of jobs by sector, recording the construction with the highest share and the manufacturing sector a negative figure. An increasing proportion of jobs require at least a college level certificate if not advanced degrees. This proves the need for Malaysians to upgrade their skill levels to be qualified and to keep up with the times.

The World Bank

Figure 2: Change in share of jobs by sector

Source: ONET, BLS, EIU, HIS, Oxford Economics, McKinsey Global Institute analysis [Adapted from Automation and adaptability: How Malaysia can navigate the future of work (2020) ]

In conjunction with creating new demand in the labour force across different sectors in Malaysia, the substitution of jobs with technology can possibly add more value to occupations with the human element, making jobs that require human interaction more valuable. For example, when Automated Teller Machines were first created to automate simple tasks such as simple transactions and deposits, the remaining tasks that cannot be automated became more valuable. Bank tellers became people who form personal relationships with the customers and can sell them financial services at a high margin.

On the flip side, wealth distribution becomes an uprising problem as not everyone is given a fair share even with increased productivity and lower cost. Advancement in various sectors may result in a digital divide between different regions and demographics. Urban areas may continue to advance whereas rural areas which are neglected continue to deteriorate in terms of technological advancements because of the failure of implementation of technology as a whole. Areas that have limited access lack the resources to advance in technology. This may possibly create a wider gap between regions and races socially and in terms of progress and cause an increase in poverty among different races in Malaysia.

However, we cannot deny the possibility of Malaysia flourishing with the implementation of technology. In the 1990s the Malaysian government has always put a priority in making Malaysia an industrialized country with the 7th prime minister, Tun Dr Mahathir Mohamad launching Wawasan 2020. Since then, many efforts have been made in increasing Malaysia’s use of technology in different sectors. Though the replacement of jobs with technology might upset the labour force and possibly obsolete the field of manual labour in certain sectors in the short term, the demand for labour force in other trades will significantly increase in the long term. Increased production would increase supply, lowering the general cost of items, increasing the national dividend thus increasing our competitiveness in the global market. With time, a new demand of labour will be created placing new, skilled workers in those fields. Economic growth as a whole can be accelerated.

Technology replacing 50% of jobs also create high income jobs or increases the wages of existing workers that are involved in the field of technology but also widen existing income inequality at the same time. According to a study by Justin Lim, Kevin Wong, Rosaida Mohd Rasep and Sonia Kumari Selvarajan (2018), wages per worker in the ICT industry has risen proportionately from RM38,274 per annum to RM53097 per annum in 2015 whereas wages of workers in the non-ICT industry only rose by RM6150 in the course of 5 years. Because workers in the ICT industry comprise of a small share of the total labour force and small employment growth, the wage disparity between non-ICT workers and ICT workers has been widening and would likely continue to widen even more over time.

The World Bank

Figure 3: Wage per worker of ICT vs non-ICT Industry

Source: DOSM ICT Satellite Account, GDP by Income Approach, authors calculations [Adapted from Wage premiums in the digital economy: Evidence from Malaysia (2018) ]

With new technology being constructed, Malaysia can explore the possibility of taxing new technology or “robot taxes”. According to The Telegraph, Bill Gates even voiced out the opinion that robots that take away jobs from humans should be taxed, which can make up for income taxes from workers that lost jobs. This could slow down the speed of automation and its negative effects on the labour force. In August 2017, South Korea became the first to introduce the world’s first tax on robots by cutting tax incentives for investments to boost productivity. If 50% of jobs were to be replaced, taxes on technology could increase the country’s income and improve the citizen’s standard of life by giving back to the people, increasing economic development through new infrastructure digitally and physically.

In general, technology replacing 50% of jobs in Malaysia benefits most of the stakeholders in the long run and has the potential to generate economic wealth for Malaysia. New innovations and technology are churned out on a daily basis due to globalization. To be able to compete in the global market, Malaysia has to keep up with the times and take bold steps in adopting new technology in various sectors. Though there is a possibility of technology replacing human jobs, nothing beats the value of a human’s touch. To dampen the adverse side effects of replacing human workers with technology, policy makers need to create new alternatives in helping displaced workers readjust to new sectors and work environments. As for Malaysian citizens, we must not stand by the side lines idly, but instead hop on the wagon of change. Being active players in the labour force, we must not take the importance of education (especially in the field of technology) lightly and sharpen our sword of education thus increasing our skills. Only with technological intelligence can we as Malaysians stand out in the global market as drivers of change, standing out amongst nations that are technologically advanced.

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  • Harvard Economics Review
  • Mar 9, 2021

Announcing Our 2020 HIEEC Finalists and Highly-Commended

We are pleased to announce the finalists and highly-commended essays of our 2020 Harvard International Economics Essay Contest, co-sponsored by the Harvard Undergraduate Economics Association .

The 2020 Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA) in conjunction with the Harvard College Economics Review (HCER). This essay competition is open to high school students of any year and is a fantastic opportunity to demonstrate an accomplished level of writing and understanding of economic theory. Through the contest, student competitors hone their academic and professional skills and exhibit their knowledge to future employers and academic programs.

Competitors must construct a convincing argument using economic theory and real-world examples. Winning essays will be published in the Harvard Economics Review and will be available for the greater Harvard community to read.

2020 Finalists

Hana O’Looney-Goto

Hyungsoon Kim

Julia Massa

Nitheesh Velayan

Sarah Ouyang

Vikas Nibhanupudi

2020 Highly Commended Essays

Ameya Dixit

Connor Greenwood-Cribbin

Hannah Cifuentes

Jingzhao Ma

Kangzi Chan

Ki Myoung Cheon

Nandini Jha

Ngoc Lan Ho

Riku Kubota

Sakshi Modi

Sofia Faghihy

Tiara Siregar

Udeshna Srimal

Vidula Mannem

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The Essay Competition 2023

Welcome to the lsesu economics society’s essay competition 2023. we are so excited to release this year’s questions, our questions range from the impact of artificial intelligence to explaining variations in happiness. we can’t wait to read your entries, prizes range from signed certifications by nobel prize-winning economists and include £100 amazon gift cards..

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Harvard International Economics Essay Contest (HIEEC)

  • Last modified 2023-12-01
  • Published on 2021-05-14

Competition Details

Introduction : The Harvard Undergraduate Economics Association (HUEA) is organizing its flagship Harvard International Economics Essay Contest with the collaboration of the Harvard College Economics Review. We jointly organize the Essay competition with HUEA, and we also publish the top three essays in our online publications. HIEEC provides students the opportunity to demonstrate an accomplished level of writing and understanding of economic theory. Through the contest, students hone their academic and professional skills and exhibit their knowledge.

2023-2024 Harvard International Economics Essay Contest Topic:

Advances in artificial intelligence (AI) have the potential to affect growth, inequality, productivity, innovation, and employment. OpenAI’s ChatGPT, in particular, has greatly increased public awareness about the significance of AI and its implications for the future. What impact will the development of AI have on economic inequality, the composition of the workforce, and economic output as a whole? How can nations prepare for the micro and macroeconomic changes brought about by AI?

Measuring national and global economic activity allows us to understand how economies change in size and structure—how they grow and contract. In addition to Gross Domestic Product (GDP), government budgets, and the money supply, alternatives like the Human Development Index (HDI) and Gross National Income (GNI) are used to assess economic progress. What are the advantages of our current economic indices, including GDP, HDI, GNI, government budgets, and the money supply, and in what areas are they lacking? Which of these indices do you find most helpful, and how can we enhance or combine them to improve our understanding of economic measurement?

Proponents of income redistribution support the idea that redistribution policies will increase economic stability and give more opportunities to the less wealthy. Others, however, are more skeptical and believe it could have negative consequences for economic growth. Current methods of redistribution include taxation, welfare, public services, and other monetary policies. What strategies for income redistribution should the U.S. adopt from other countries? What economic impacts could a wealth tax or super millionaire tax have? What type of redistribution is most effective and feasible? What would be the impacts of the U.S. enacting universal basic income? Discuss the implications of any of these issues and feel free to expand on other areas of economic redistribution.

As the United States weighs the impacts of China’s rise to global prominence, economics and national security have become increasingly intertwined. As a result, the United States government has imposed both tariffs and investment restrictions on China to limit the nation’s access to both US markets and intellectual property (specifically in sensitive industries such as semiconductors). What are the economic implications of these policies for United States firms, consumers, and workers? Discuss the most important perspectives of the US-China trade war and provide suggestions on how both countries can manage the prospect of a changing economic order.

Contest Rule: The word limit of 1500 must be strictly adhered to. Any words past the limit will be truncated. This limit excludes references, footnotes, titles, headers, and footers.

Competition Website : For more information about the competition, click here .

How to Write Any High School Essay

Eligibility

Students in Grades 9-12

Registration Deadline

January 5, 2024

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David McCullough Essay Prizes

Aralia Education is an innovative online education platform for ambitious middle and high school students worldwide. Aralia’s instructors propel students forward by helping them build a strong foundation in traditional academic courses. They also actively engage and guide students in exploring personal interests beyond their school curriculum. With this holistic approach, Aralia ensures its students are well-prepared for college and equipped for success in their future careers.

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economics essay competition

economics essay competition

Essay  COMPETITION

2024 global essay prize, registrations are now open all essayists must register  here  before friday 31 may, 2024.

The John Locke Institute encourages young people to cultivate the characteristics that turn good students into great writers: independent thought, depth of knowledge, clear reasoning, critical analysis and persuasive style. Our Essay Competition invites students to explore a wide range of challenging and interesting questions beyond the confines of the school curriculum.

Entering an essay in our competition can build knowledge, and refine skills of argumentation. It also gives students the chance to have their work assessed by experts. All of our essay prizes are judged by a panel of senior academics drawn from leading universities including Oxford and Princeton, under the leadership of the Chairman of Examiners, former Cambridge philosopher, Dr Jamie Whyte.

The judges will choose their favourite essay from each of seven subject categories - Philosophy, Politics, Economics, History, Psychology, Theology and Law - and then select the winner of the Grand Prize for the best entry in any subject. There is also a separate prize awarded for the best essay in the junior category, for under 15s.

Q1. Do we have any good reasons to trust our moral intuition?

Q2. Do girls have a (moral) right to compete in sporting contests that exclude boys?

Q3. Should I be held responsible for what I believe?

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Q1. Is there such a thing as too much democracy?

Q2. Is peace in the West Bank and the Gaza Strip possible?

Q3. When is compliance complicity?

Q1. What is the optimal global population?  

Q2. Accurate news reporting is a public good. Does it follow that news agencies should be funded from taxation?

Q3. Do successful business people benefit others when making their money, when spending it, both, or neither?

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Q1. Why was sustained economic growth so rare before the later 18th century and why did this change?

Q2. Has music ever significantly changed the course of history?

Q3. Why do civilisations collapse? Is our civilisation in danger?

Q1. When, if ever, should a company be permitted to refuse to do business with a person because of that person’s public statements?

Q2. In the last five years British police have arrested several thousand people for things they posted on social media. Is the UK becoming a police state?

Q3. Your parents say that 11pm is your bedtime. But they don’t punish you if you don’t go to bed by 11pm. Is 11pm really your bedtime?

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Q1. According to a study by researchers at four British universities, for each 15-point increase in IQ, the likelihood of getting married increases by around 35% for a man but decreases by around 58% for a woman. Why?

In the original version of this question we misstated a statistic. This was caused by reproducing an error that appeared in several media summaries of the study. We are grateful to one of our contestants, Xinyi Zhang, who helped us to see (with humility and courtesy) why we should take more care to check our sources. We corrected the text on 4 April. Happily, the correction does not in any way alter the thrust of the question.

Q2. There is an unprecedented epidemic of depression and anxiety among young people. Can we fix this? How?

Q3. What is the difference between a psychiatric illness and a character flaw?

Q1. “I am not religious, but I am spiritual.” What could the speaker mean by “spiritual”?

Q2. Is it reasonable to thank God for protection from some natural harm if He is responsible for causing the harm?

Q3. Does God reward those who believe in him? If so, why?

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JUNIOR prize

Q1. Does winning a free and fair election automatically confer a mandate for governing?

Q2. Has the anti-racism movement reduced racism?

Q3. Is there life after death?

Q4. How did it happen that governments came to own and run most high schools, while leaving food production to private enterprise? 

Q5. When will advancing technology make most of us unemployable? What should we do about this?

Q6. Should we trust fourteen-year-olds to make decisions about their own bodies? 

ENTRY REQUIREMENTS & FURTHER DETAILS

Please read the following carefully.

Entry to the John Locke Institute Essay Competition 2024 is open to students from any country.

Registration  

Only candidates who registered before the registration deadline of Friday, 31 May 2024 may enter this year's competition. To register, click here .  

All entries must be submitted by 11.59 pm BST on  the submission deadline: Sunday, 30 June 2024 .  Candidates must be eighteen years old, or younger, on that date. (Candidates for the Junior Prize must be fourteen years old, or younger, on that date.)

Entry is free.

Each essay must address only one of the questions in your chosen subject category, and must not exceed 2000 words (not counting diagrams, tables of data, endnotes, bibliography or authorship declaration). 

The filename of your pdf must be in this format: FirstName-LastName-Category-QuestionNumber.pdf; so, for instance, Alexander Popham would submit his answer to question 2 in the Psychology category with the following file name:

Alexander-Popham-Psychology-2.pdf

Essays with filenames which are not in this format will be rejected.

The candidate's name should NOT appear within the document itself. 

Candidates should NOT add footnotes. They may, however, add endnotes and/or a Bibliography that is clearly titled as such.

Each candidate will be required to provide the email address of an academic referee who is familiar with the candidate's written academic work. This should be a school teacher, if possible, or another responsible adult who is not a relation of the candidate. The John Locke Institute will email referees to verify that the essays submitted are indeed the original work of the candidates.

Submissions may be made as soon as registration opens in April. We recommend that you submit your essay well in advance of th e deadline to avoid any last-minute complications.

Acceptance of your essay depends on your granting us permission to use your data for the purposes of receiving and processing your entry as well as communicating with you about the Awards Ceremony Dinner, the academic conference, and other events and programmes of the John Locke Institute and its associated entities.  

Late entries

If for any reason you miss the 30 June deadline you will have an opportunity to make a late entry, under two conditions:

a) A late entry fee of 20.00 USD must be paid by credit card within twenty-four hours of the original deadline; and

b) Your essay must be submitted  before 11.59 pm BST on Wednesday, 10 July 2024.

To pay for late entry, a registrant need only log into his or her account, select the relevant option and provide the requested payment information.

Our grading system is proprietary. Essayists may be asked to discuss their entry with a member of the John Locke Institute’s faculty. We use various means to identify plagiarism, contract cheating, the use of AI and other forms of fraud . Our determinations in all such matters are final.

Essays will be judged on knowledge and understanding of the relevant material, the competent use of evidence, quality of argumentation, originality, structure, writing style and persuasive force. The very best essays are likely to be those which would be capable of changing somebody's mind. Essays which ignore or fail to address the strongest objections and counter-arguments are unlikely to be successful .

Candidates are advised to answer the question as precisely and directly as possible.

The writers of the best essays will receive a commendation and be shortlisted for a prize. Writers of shortlisted essays will be notified by 11.59 pm BST on Wednesday, 31 July. They will also be invited to London for an invitation-only academic conference and awards dinner in September, where the prize-winners will be announced. Unlike the competition itself, the academic conference and awards dinner are not free. Please be aware that n obody is required to attend either the academic conference or the prize ceremony. You can win a prize without travelling to London.

All short-listed candidates, including prize-winners, will be able to download eCertificates that acknowledge their achievement. If you win First, Second or Third Prize, and you travel to London for the ceremony, you will receive a signed certificate. 

There is a prize for the best essay in each category. The prize for each winner of a subject category, and the winner of the Junior category, is a scholarship worth US$2000 towards the cost of attending any John Locke Institute programme, and the essays will be published on the Institute's website. Prize-giving ceremonies will take place in London, at which winners and runners-up will be able to meet some of the judges and other faculty members of the John Locke Institute. Family, friends, and teachers are also welcome.

The candidate who submits the best essay overall will be awarded an honorary John Locke Institute Junior Fellowship, which comes with a US$10,000 scholarship to attend one or more of our summer schools and/or visiting scholars programmes. 

The judges' decisions are final, and no correspondence will be entered into.

R egistration opens: 1 April, 2024.

Registration deadline: 31 May, 2024. (Registration is required by this date for subsequent submission.)

Submission deadline: 30 June, 2024.

Late entry deadline: 10 July, 2024. (Late entries are subject to a 20.00 USD charge, payable by 1 July.)

Notification of short-listed essayists: 31 July, 2024.

Academic conference: 20 - 22 September, 2024.

Awards dinner: 21 September, 2024.

Any queries regarding the essay competition should be sent to [email protected] . Please be aware that, due to the large volume of correspondence we receive, we cannot guarantee to answer every query. In particular, regrettably, we are unable to respond to questions whose answers can be found on our website.

If you would like to receive helpful tips  from our examiners about what makes for a winning essay or reminders of upcoming key dates for the 2024  essay competition, please provide your email here to be added to our contact list. .

Thanks for subscribing!

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The John Locke Institute's Global Essay Prize is acknowledged as the world's most prestigious essay competition. 

We welcome tens of thousands of submissions from ambitious students in more than 150 countries, and our examiners - including distinguished philosophers, political scientists, economists, historians, psychologists, theologians, and legal scholars - read and carefully assess every entry. 

I encourage you to register for this competition, not only for the hope of winning a prize or commendation, and not only for the chance to join the very best contestants at our academic conference and gala ceremony in London, but equally for the opportunity to engage in the serious scholarly enterprise of researching, reflecting on, writing about, and editing an answer to one of the important and provocative questions in this year's Global Essay Prize. 

We believe that the skills you will acquire in the process will make you a better thinker and a more effective advocate for the ideas that matter most to you.

I hope to see you in September!

Best wishes,

Jamie Whyte, Ph.D. (C ANTAB ) 

Chairman of Examiners

Q. I missed the registration deadline. May I still register or submit an essay?

A. No. Only candidates who registered before 31 May will be able to submit an essay. 

Q. Are footnote s, endnotes, a bibliography or references counted towards the word limit?

A. No. Only the body of the essay is counted. 

Q. Are in-text citations counted towards the word limit? ​

A. If you are using an in-text based referencing format, such as APA, your in-text citations are included in the word limit.

Q. Is it necessary to include foo tnotes or endnotes in an essay? ​

A. You  may not  include footnotes, but you may include in-text citations or endnotes. You should give your sources of any factual claims you make, and you should ackn owledge any other authors on whom you rely.​

Q. I am interested in a question that seems ambiguous. How should I interpret it?

A. You may interpret a question as you deem appropriate, clarifying your interpretation if necessary. Having done so, you must answer the question as directly as possible.

Q. How strict are  the age eligibility criteria?

A. Only students whose nineteenth birthday falls after 30 June 2024 will be eligible for a prize or a commendation. In the case of the Junior category, only students whose fifteenth birthday falls after 30 June 2024 will be eligible for a prize or a commendation. 

Q. May I submit more than one essay?

A. Yes, you may submit as many essays as you please in any or all categories.

Q. If I am eligible to compete in the Junior category, may I also (or instead) compete in another category?

A. Yes, you may.

Q. May I team up with someone else to write an essay?  

A. No. Each submitted essay must be entirely the work of a single individual.

Q. May I use AI, such as ChatGPT or the like, in writing my essay?

A. All essays will be checked for the use of AI. If we find that any content is generated by AI, your essay will be disqualified. We will also ask you, upon submission of your essay, whether you used AI for  any  purpose related to the writing of your essay, and if so, you will be required to provide details. In that case, if, in our judgement, you have not provided full and accurate details of your use of AI, your essay will be disqualified. 

Since any use of AI (that does not result in disqualification) can only negatively affect our assessment of your work relative to that of work that is done without using AI, your safest course of action is simply not to use it at all. If, however, you choose to use it for any purpose, we reserve the right to make relevant judgements on a case-by-case basis and we will not enter into any correspondence. 

Q. May I have someone else edit, or otherwise help me with, my essay?

A. You may of course discuss your essay with others, and it is perfectly acceptable for them to offer general advice and point out errors or weaknesses in your writing or content, leaving you to address them.

However, no part of your essay may be written by anyone else. This means that you must edit your own work and that while a proofreader may point out errors, you as the essayist must be the one to correct them. 

Q. Do I have to attend the awards ceremony to win a prize? ​

A. Nobody is required to attend the prize ceremony. You can win a prize without travelling to London. But if we invite you to London it is because your essay was good enough - in the opinion of the First Round judges - to be at least a contender for First, Second or Third Prize. Normally the Second Round judges will agree that the short-listed essays are worth at least a commendation.

Q. Is there an entry fee?

A. No. There is no charge to enter our global essay competition unless you submit your essay after the normal deadline, in which case there is a fee of 20.00 USD .

Q. Can I receive a certificate for my participation in your essay competition if I wasn't shortlisted? 

A. No. Certificates are awarded only for shortlisted essays. Short-listed contestants who attend the award ceremony in London will receive a paper certificate. If you cannot travel to London, you will be able to download your eCertificate.

Q. Can I receive feedba ck on my essay? 

A. We would love to be able to give individual feedback on essays but, unfortunately, we receive too many entries to be able to comment on particular essays.

Q. The deadline for publishing the names of short-listed essayists has passed but I did not receive an email to tell me whether I was short-listed.

A. Log into your account and check "Shortlist Status" for (each of) your essay(s).

Q. Why isn't the awards ceremony in Oxford this year?

A. Last year, many shortlisted finalists who applied to join our invitation-only academic conference missed the opportunity because of capacity constraints at Oxford's largest venues. This year, the conference will be held in central London and the gala awards dinner will take place in an iconic London ballroom. 

TECHNICAL FAQ s

Q. The system will not accept my essay. I have checked the filename and it has the correct format. What should I do?  

A. You have almost certainly added a space before or after one of your names in your profile. Edit it accordingly and try to submit again.

Q. The profile page shows my birth date to be wrong by a day, even after I edit it. What should I do?

A. Ignore it. The date that you typed has been correctly input to our database. ​ ​

Q. How can I be sure that my registration for the essay competition was successful? Will I receive a confirmation email?

A. You will not receive a confirmation email. Rather, you can at any time log in to the account that you created and see that your registration details are present and correct.

TROUBLESHOOTING YOUR SUBMISSION

If you are unable to submit your essay to the John Locke Institute’s global essay competition, your problem is almost certainly one of the following.

If so, please proceed as indicated.

1) PROBLEM: I receive the ‘registrations are now closed’ message when I enter my email and verification code. SOLUTION. You did not register for the essay competition and create your account. If you think you did, you probably only provided us with your email to receive updates from us about the competition or otherwise. You may not enter the competition this year.

2) PROBLEM I do not receive a login code after I enter my email to enter my account. SOLUTION. Enter your email address again, checking that you do so correctly. If this fails, restart your browser using an incognito window; clear your cache, and try again. Wait for a few minutes for the code. If this still fails, restart your machine and try one more time. If this still fails, send an email to [email protected] with “No verification code – [your name]” in the subject line.

SUBMITTING AN ESSAY

3) PROBLEM: The filename of my essay is in the correct format but it is rejected. SOLUTION: Use “Edit Profile” to check that you did not add a space before or after either of your names. If you did, delete it. Whether you did or did not, try again to submit your essay. If submission fails again, email [email protected] with “Filename format – [your name]” in the subject line.

4) PROBLEM: When trying to view my submitted essay, a .txt file is downloaded – not the .pdf file that I submitted. SOLUTION: Delete the essay. Logout of your account; log back in, and resubmit. If resubmission fails, email [email protected] with “File extension problem – [your name]” in the subject line.

5) PROBLEM: When I try to submit, the submission form just reloads without giving me an error message. SOLUTION. Log out of your account. Open a new browser; clear the cache; log back in, and resubmit. If resubmission fails, email [email protected] with “Submission form problem – [your name]” in the subject line.

6) PROBLEM: I receive an “Unexpected Error” when trying to submit. SOLUTION. Logout of your account; log back in, and resubmit. If this resubmission fails, email [email protected] with “Unexpected error – [your name]” in thesubject line. Your email must tell us e xactly where in the submission process you received this error.

7) PROBLEM: I have a problem with submitting and it is not addressed above on this list. SOLUTION: Restart your machine. Clear your browser’s cache. Try to submit again. If this fails, email [email protected] with “Unlisted problem – [your name]” in the subject line. Your email must tell us exactly the nature of your problem with relevant screen caps.

READ THIS BEFORE YOU EMAIL US.

Do not email us before you have tried the specified solutions to your problem.

Do not email us more than once about a single problem. We will respond to your email within 72 hours. Only if you have not heard from us in that time may you contact us again to ask for an update.

If you email us regarding a problem, you must include relevant screen-shots and information on both your operating system and your browser. You must also declare that you have tried the solutions presented above and had a good connection to the internet when you did so.

If you have tried the relevant solution to your problem outlined above, have emailed us, and are still unable to submit before the 30 June deadline on account of any fault of the John Locke Institute or our systems, please do not worry: we will have a way to accept your essay in that case. However, if there is no fault on our side, we will not accept your essay if it is not submitted on time – whatever your reason: we will not make exceptions for IT issues for which we are not responsible.

We reserve the right to disqualify the entries of essayists who do not follow all provided instructions, including those concerning technical matters.

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Cambridge Society for Economic Pluralism 

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  • Jun 29, 2022

2022-23 CSEP Essay Competition is Released

Questions for 2022-23 CSEP Essay Competition is released!

economics essay competition

Every year Cambridge Society for Economic Pluralism hosts its Essay Competition to encourage sixth form students to go beyond their curriculum and explore important questions society faces today. Our annual essay competition is open to all students starting Year 12 or 13 (or equivalent) in September 2022 (ie taking A Levels or IB or equivalents in the next two years) . We welcome essays in response to any of the 5 titles written below. When writing their essays, we strongly encourage students to consider economic ideas which are beyond the traditional, neoliberal syllabus of most economics courses and to support their arguments with real-world examples/data. Essays should be between 1000 and 2000 words in length (excluding any citations) and entries should be submitted by 23:59 UK Time (GMT+1) on September 4th, 2022. Result of the competition will be published on this page on October 2nd, 2022. Prize winner will be contacted individually regarding their prize.

For details of the competition please check our website .

For inspiration and review please check our past competition archive

  • Other Event

Recent Posts

TWS x CSEP Forum: Levelling Up

CSEP Forum Discussion: Can Capitalism Solve the Climate Crisis?

Debate: 'This House Believes the Neoliberal Age is Over'

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Harvard Pre-Collegiate

Economics challenge (hpec).

HPEC challenges students through a series of individual and team rounds on economics knowledge at the Advanced Placement Microeconomics and Macroeconomics levels.

The date for HPEC 2024 has been finalized. Please see below for details. 

Each year, HUEA organizes the Harvard Pre-Collegiate Economics Challenge (HPEC), a prestigious international competition for high school students passionate a bout economics and its role in the world around us. HPEC challenges students through a series of individual a nd team rounds on economics knowledge at the Advanced Placement Microeconomics and Macroeconomics levels as well as economic news, history, recent research, and applications in a wide variety of fields such as education and the environment. 

In the past, students have found this competition to be fun and helpful preparation for the AP Economics exams. In addition to the Challenge itself, comp etitors and coaches will have the opportunity to build friendships with their peers, hear presentations from and interact with professors, graduate students, and real-world economists, and learn about the wider world of economics beyond the hig h s chool classroom. 

HPEC 2024  is scheduled for April 13, 2024. This year, teams can only  compete in-person on Harvard's campus, as the board has decided to not hold a virtual version of HPEC this year. See the coaches' manual linked below for details on the c ompetition from last year. A manual with any updates for this year's competition will be uploaded soon, but aside from a few (if any) minor tweaks, the rules and coaches manual will remain the same. Teams will be able register for the competition soon (details and a registration form will be posted below soon) . However, note that the Challenge is subject to space constraints, so space may fill up prior to the above deadline. Thus, it is best for teams to register well in advance to ensure they can reserve space for their team.

Images from  HPEC 2023

Registration Fe e

Each team requires a registration fee of $125. See the registration form for specific payment details and options. Teams based in the US m ust pay via Zelle. There is no option to pay via PayPal due to issues with our PayPal account. Thus, US-based  teams  should  make a rrangements before the  registration deadline (which will be updated here soon) to pay via Zelle. International teams should email HUEA to discuss additional payment options, though Zelle is preferred if at all possible.

All payments are final, as we start making preparations given current understanding of competition attendance; withdrawal for any reason will not be refunded.

Competition Informatio n ​

The (tentative) HPEC 20 24 Coaches Manual can be found here . 

Compet ition registration ​, the official hpec 2024 registration form can be found here . please review this form carefully as there is a lot of information here, including payment details..

Imp ortant Forms

The 2024 Photo Consent F orm can be found here .

The 2024 Liability Release  and Contact Form can be found here .

How many people can be on one team?

Teams consist of 1-4 people. Teams of 3 or fewer can still compete, but the quiz bowl rounds will likely be more challenging with fewer team members.​

How many teams can one school bring?

Depending on space availability and with priority registration given to the first team, each school may be able to bring additional teams total if space allows. For now, schools can register 1 team, and indicate interest in sending a 2nd team.

What if my school is unable to bring a teacher as a coach?

We require that a coach be present​ with the team. You are allowed to bring a parent as a coach if your teacher is not able to attend the competition--please reach out to us by email.

What COVID-19 restrictions will HPEC participants be subject to?

At this time, HPEC will not require participants to provide proof of vaccination or a negative test before arrival. However, participants must not come to campus if they are exhibiting symptoms of COVID-19, have been diagnosed with COVID-19, or have otherwise been instructed to quarantine or isolate. 

Practice Questions & Answers ​

PDFs: 

2011 MC Questions

2011 MC Answers

2012 MC Questions

2012 MC Answers

2013 MC Questions

2013 MC Answers

2014 MC Questions

2014 MC Answers

2015 MC Questions

2015 MC Answers

2016 MC Questions

2016 MC Answers

2019 MC Questions

2019 MC Answers

Quiz Bowl (Questions from 2012)

Quiz Bowl (Sample Questions - General)

economics essay competition

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Home → Study Here → Outreach → Essay Competitions

St Hugh’s essay competitions are open to Sixth Formers from the UK and across the world. These are a fantastic opportunity to explore a topic of interest in a particular subject in more depth, whether something you have studied at school has inspired you, or whether you are keen to broaden your horizons in a new academic discipline.

All four competitions are now open: the deadline for submissions is 5pm (GMT) on Friday 26th July 2024.

To find out more about these competitions please click on the links below:

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economics essay competition

  • Government efficiency, transparency and accountability

FCDO Next Generation Economics 2024 competition

The Foreign, Commonwealth & Development Office (FCDO) invites UK school students to write about big economic challenges by 28 June 2024.

The Foreign, Commonwealth & Development Office ( FCDO ) coordinates the UK’s diplomatic relationships, promotes UK interests abroad, and manages the UK’s overseas development budget.

The Next Generation Economics competition is managed by the FCDO in collaboration with the Hub for Equal Representation ( HER ) at the London School of Economics and Political Science ( LSE ).

Economics is important to our work, whether it is evaluating the sustainability of the UK’s international climate change commitments or analysing the contribution of the UK in reducing global poverty through aid programmes. Economics helps the FCDO make the most of each pound of taxpayer money.

The Next Generation Economics competition

The FCDO invites UK school students to write about the biggest economic challenges facing their generation. The competition is open until 28 June 2024.

to hear your ideas on one of the biggest economic challenges facing your generation. The FCDO represents UK interests across the world, and our economists work on finding and analysing solutions to global challenges

to inspire the next generation of economists. Our competition aims to demonstrate how economics is a vital tool for answering important, urgent policy questions

the next generation of economists to be even more diverse and open-minded than the current generation. We encourage you to enter the competition, whatever your background (and however much you know about economics). Find out more about diversity in the economics profession

Watch the video: FCDO Next Generation Economics Competition

Competition themes

To enter, submit your letter responding to 1 out of these 4 questions: 

2023 Nobel Prize laureate Claudia Goldin states that unequal division of caregiving and household responsibilities play a key role in gender pay gap. What policies could governments implement to increase female participation in the paid economy?  

International efforts to reduce carbon emissions increase demand for clean energy technology and critical minerals. How could material rich developing countries capitalize on the demand for critical minerals to boost growth?  

Climate change plus the impact of global conflict on international supply chains has enhanced risk on food security. What market intervention can governments across the world take to mitigate food security risk?  

According to the UN, 3.3 billion people now live in countries where debt interest payments are greater than expenditure on health or education. What actions could governments globally take to ensure debt does not prevent investment towards development?

Writing tips and links to helpful sources can be found in the ‘Useful information’ section.

Email your completed FCDO Next Generation Economics Entry Template ( ODT , 6.7 KB ) to [email protected] by 11:59pm on 28 June 2024.

We will announce the results on this webpage in July 2024.

Who can enter  

To enter, you must be: 

  • at least 14 years old 
  • studying in the UK at secondary school level (including sixth form and elective home education or home schooling), or at a British international school 

You do not need to be studying or have studied economics. 

Entering the competition is free.

We will announce the competition results in July 2024. There are several prizes on offer: 

  • the winner will receive a cash prize of £500 
  • 2 runners up will each receive 250  
  • 5 shortlisted entrants will receive £100 each 

The winner will present their essay to Adnan Khan, FCDO Chief Economist . 

The top 8 entrants will be offered a fully-funded visit to the FCDO and the London School of Economics in London. They will also meet with one of the co-directors of the Hub for Equal Representation at the LSE . Fully-funded visits are only available to UK-based entrants. 

We will publish the letters of the winner and runners up on the GOV.UK website and share them across the Government Economic Service .  

The top 25 entrants will each receive an economics book, chosen from a shortlist selected by the FCDO Chief Economist.

How to submit your entry   

Do not include any personal information in the main part of your letter. This allows us to mark entries anonymously and as fairly as possible. You should include this in the covering email instead. 

Your entry should: 

  • be formatted as a letter addressed to the  FCDO ’s Chief Economist Adnan Khan  
  • be 1,000 words or fewer 
  • clearly reference any evidence included. We recommend using the  Harvard referencing style . References are not included in the word count 
  • not use applications such as ChatGPT or other forms of artificial intelligence (AI) 

Entries can include graphs and graphics, but these are not essential. 

You can ask an economics teacher for advice on the themes they plan to cover, economic concepts, recommended sources and writing styles.  

Find more information about  writing like an economist and where to find useful sources .

The FCDO Next Generation Economics Entry Template ( ODT , 6.7 KB ) includes a table at the top with information including your name, age and school. Fill this in, remove it from the template and include it in your email to us.  

How to do this: 

1. Fill in the entry template

2. Select and cut completed template

3. Create email

4. Paste completed template into to email

5. Attach entry and email it to [email protected]

Download the FCDO Next Generation Economics Entry Template ( ODT , 6.7 KB )

If you don’t have an email account 

If you do not have access to email, you can post your letter. Send it this address, and include the information from the table at the top of the template on a separate sheet of paper:  

Next Generation Economics Competition Team Room KG.18 Economics Directorate   Foreign, Commonwealth & Development Office   King Charles Street   London   SW1A 2AH

How we mark entries 

A panel of FCDO economic advisors will read and mark your entry and agree a final shortlist of letters. The FCDO Chief Economist and co-directors of the Hub for Equal Representation at the LSE will review the shortlist and choose the winner and runners up.

The panel will consider these points when marking your entry:

Creativity  

All the competition questions address big economic challenges and have many possible answers. You should think about these questions with an open mind, and present, using evidence, your own ideas.

Economic concepts 

A great entry will use economic concepts to support the arguments it makes.

Using evidence 

Judges will be looking for effective use of evidence. Make sure you present your evidence clearly and explain the source.

Clear and concise writing 

You should structure your argument carefully to make every word count. Write clearly, concisely, and persuasively.

Useful information

To get inspiration, you can read the winning letters from last year’s competition .

These features will make your essay stand out, and are what we will look for when marking essays:

tell a story: create an engaging and convincing narrative, include an introduction and conclusion 

focus on economic analysis: discuss economic concepts that are relevant to the question 

focus on policy solutions: provide answers and solutions to the economic challenges of the question 

use evidence: use real world examples such as recent policy responses to support your arguments 

use visuals: use visuals, for example graphs, to help demonstrate your argument 

evaluate: provide critical analysis of proposed policies and focus on how efficient each policy solution is

Useful sources of information  

Question 1: Increasing female participation in the paid economy

The Unpaid Care Work and the Labour Market. An analysis of time use data based on the latest World Compilation of Time-use Surveys  

Gloria Steinem: Valuing Women’s Work

Podcast: Care Economy: Reducing Unpaid Work and Inequality. Social Protection Podcast

Question 2: Material rich developing countries capitalising on demand

Mineral-Rich Developing Countries Can Drive a Net-Zero Future

Clean energy minerals: Developing countries must add value to capitalize on demand

Critical minerals can pave the road to more robust international development

How industrial policies can complement future sustainable resource extraction in Africa

Question 3: Government market intervention to mitigate food security risk

Climate Explainer: Food Security and Climate Change  

How is the war in Ukraine affecting global food security? - Economics Observatory  

How to mitigate the effects of climate change on food security  

5 ways to tackle climate change and advance food security  

The race to improve food security

Question 4: Actions governments could take to ensure debt does not prevent development

Back to Basics: What is Debt Sustainability?  

Solving the low-income country debt crisis: four solutions  

How to Prevent Debt from Hurting Economic Growth

Market Reforms Can Stabilize Debt and Foster Growth in Developing Countries  

Swapping Debt for Climate or Nature Pledges Can Help Fund Resilience   

Debt relief for low-income countries   

How do rising U.S. interest rates affect emerging and developing economies?

Find out more about the competition:

  • writing like an economist
  • diversity in the economics profession
  • to provide you with inspiration, read the winning letters from last year’s competition

If you have any questions about the competition, email [email protected]

Good luck! We look forward to reading your entries.

The Foreign, Commonwealth & Development Office is a data controller. This means that we are responsible for any of your personal data that we collect or use. We will treat all personal information in accordance with data protection legislation, including the UK General Data Protection Regulation and Data Protection Act 2018. Visit our website to learn more about how we handle personal information .

Guidance reviewed and updated for 2024 competition.

Link to 2023 competition winner and runners up added.

The deadline for entering the competition is extended to 25 June 2023.

Guidance reviewed and updated for 2023 competition. Submit your entry by 8 May 2023.

The competition deadline has been extended to 18 February 2022.

Updated with information on the new 2021 to 2022 competition.

Next Generation competition deadline extended to 21 May 2021

First published.

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Discourse, debate, and analysis

Cambridge re:think essay competition 2024.

Competition Opens: 15th January, 2024

Essay Submission Deadline: 10th May, 2024 Result Announcement: 20th June, 2024 Award Ceremony and Dinner at the University of Cambridge: 30th July, 2024

We welcome talented high school students from diverse educational settings worldwide to contribute their unique perspectives to the competition.

Entry to the competition is free.

About the Competition

The spirit of the Re:think essay competition is to encourage critical thinking and exploration of a wide range of thought-provoking and often controversial topics. The competition covers a diverse array of subjects, from historical and present issues to speculative future scenarios. Participants are invited to engage deeply with these topics, critically analysing their various facets and implications. It promotes intellectual exploration and encourages participants to challenge established norms and beliefs, presenting opportunities to envision alternative futures, consider the consequences of new technologies, and reevaluate longstanding traditions. 

Ultimately, our aim is to create a platform for students and scholars to share their perspectives on pressing issues of the past and future, with the hope of broadening our collective understanding and generating innovative solutions to contemporary challenges. This year’s competition aims to underscore the importance of discourse, debate, and critical analysis in addressing complex societal issues in nine areas, including:

Religion and Politics

Political science and law, linguistics, environment, sociology and philosophy, business and investment, public health and sustainability, biotechonology.

Artificial Intelligence 

Neuroengineering

2024 essay prompts.

This year, the essay prompts are contributed by distinguished professors from Harvard, Brown, UC Berkeley, Cambridge, Oxford, and MIT.

Essay Guidelines and Judging Criteria

Review general guidelines, format guidelines, eligibility, judging criteria.

Awards and Award Ceremony

Award winners will be invited to attend the Award Ceremony and Dinner hosted at the King’s College, University of Cambridge. The Dinner is free of charge for select award recipients.

Registration and Submission

Register a participant account today and submit your essay before the deadline.

Advisory Committee and Judging Panel

The Cambridge Re:think Essay Competition is guided by an esteemed Advisory Committee comprising distinguished academics and experts from elite universities worldwide. These committee members, drawn from prestigious institutions, such as Harvard, Cambridge, Oxford, and MIT, bring diverse expertise in various disciplines.

They play a pivotal role in shaping the competition, contributing their insights to curate the themes and framework. Their collective knowledge and scholarly guidance ensure the competition’s relevance, academic rigour, and intellectual depth, setting the stage for aspiring minds to engage with thought-provoking topics and ideas.

We are honoured to invite the following distinguished professors to contribute to this year’s competition.

The judging panel of the competition comprises leading researchers and professors from Harvard, MIT, Stanford, Cambridge, and Oxford, engaging in a strictly double blind review process.

Essay Competition Professors

Keynote Speeches by 10 Nobel Laureates

We are beyond excited to announce that multiple Nobel laureates have confirmed to attend and speak at this year’s ceremony on 30th July, 2024 .

They will each be delivering a keynote speech to the attendees. Some of them distinguished speakers will speak virtually, while others will attend and present in person and attend the Reception at Cambridge.

Essay Competition Professors (4)

Why has religion remained a force in a secular world? 

Professor Commentary:

Arguably, the developed world has become more secular in the last century or so. The influence of Christianity, e.g. has diminished and people’s life worlds are less shaped by faith and allegiance to Churches. Conversely, arguments have persisted that hold that we live in a post-secular world. After all, religion – be it in terms of faith, transcendence, or meaning – may be seen as an alternative to a disenchanted world ruled by entirely profane criteria such as economic rationality, progressivism, or science. Is the revival of religion a pale reminder of a by-gone past or does it provide sources of hope for the future?

‘Religion in the Public Sphere’ by Jürgen Habermas (European Journal of Philosophy, 2006)

In this paper, philosopher Jürgen Habermas discusses the limits of church-state separation, emphasizing the significant contribution of religion to public discourse when translated into publicly accessible reasons.

‘Public Religions in the Modern World’ by José Casanova (University Of Chicago Press, 1994)

Sociologist José Casanova explores the global emergence of public religion, analyzing case studies from Catholicism and Protestantism in Spain, Poland, Brazil, and the USA, challenging traditional theories of secularization.

‘The Power of Religion in the Public Sphere’ by Judith Butler, Jürgen Habermas, Charles Taylor, and Cornel West (Edited by Eduardo Mendieta and Jonathan VanAntwerpen, Columbia University Press, 2011)

This collection features dialogues by prominent intellectuals on the role of religion in the public sphere, examining various approaches and their impacts on cultural, social, and political debates.

‘Rethinking Secularism’ by Craig Calhoun, Mark Juergensmeyer, and Jonathan VanAntwerpen (Oxford University Press, 2011)

An interdisciplinary examination of secularism, this book challenges traditional views, highlighting the complex relationship between religion and secularism in contemporary global politics.

‘God is Back: How the Global Rise of Faith is Changing the World’ by John Micklethwait and Adrian Wooldridge (Penguin, 2010)

Micklethwait and Wooldridge argue for the coexistence of religion and modernity, suggesting that religious beliefs can contribute to a more open, tolerant, and peaceful modern world.

‘Multiculturalism’ by Tariq Modood (Polity Press, 2013)

Sociologist Tariq Modood emphasizes the importance of multiculturalism in integrating diverse identities, particularly in post-immigration contexts, and its role in shaping democratic citizenship.

‘God’s Agents: Biblical Publicity in Contemporary England’ by Matthew Engelke (University of California Press, 2013)

In this ethnographic study, Matthew Engelke explores how a group in England seeks to expand the role of religion in the public sphere, challenging perceptions of religion in post-secular England.

Ccir Essay Competition Prompt Contributed By Dr Mashail Malik

Gene therapy is a medical approach that treats or prevents disease by correcting the underlying genetic problem. Is gene therapy better than traditional medicines? What are the pros and cons of using gene therapy as a medicine? Is gene therapy justifiable?

Especially after Covid-19 mRNA vaccines, gene therapy is getting more and more interesting approach to cure. That’s why that could be interesting to think about. I believe that students will enjoy and learn a lot while they are investigating this topic.

Ccir Essay Competition Prompt Contributed By Dr Mamiko Yajima

The Hall at King’s College, Cambridge

The Hall was designed by William Wilkins in the 1820s and is considered one of the most magnificent halls of its era. The first High Table dinner in the Hall was held in February 1828, and ever since then, the splendid Hall has been where members of the college eat and where formal dinners have been held for centuries.

The Award Ceremony and Dinner will be held in the Hall in the evening of  30th July, 2024.

2

Stretching out down to the River Cam, the Back Lawn has one of the most iconic backdrop of King’s College Chapel. 

The early evening reception will be hosted on the Back Lawn with the iconic Chapel in the background (weather permitting). 

3

King’s College Chapel

With construction started in 1446 by Henry VI and took over a century to build, King’s College Chapel is one of the most iconic buildings in the world, and is a splendid example of late Gothic architecture. 

Attendees are also granted complimentary access to the King’s College Chapel before and during the event. 

Confirmed Nobel Laureates

Dr David Baltimore - CCIR

Dr Thomas R. Cech

The nobel prize in chemistry 1989 , for the discovery of catalytic properties of rna.

Thomas Robert Cech is an American chemist who shared the 1989 Nobel Prize in Chemistry with Sidney Altman, for their discovery of the catalytic properties of RNA. Cech discovered that RNA could itself cut strands of RNA, suggesting that life might have started as RNA. He found that RNA can not only transmit instructions, but also that it can speed up the necessary reactions.

He also studied telomeres, and his lab discovered an enzyme, TERT (telomerase reverse transcriptase), which is part of the process of restoring telomeres after they are shortened during cell division.

As president of Howard Hughes Medical Institute, he promoted science education, and he teaches an undergraduate chemistry course at the University of Colorado

16

Sir Richard J. Roberts

The nobel prize in medicine 1993 .

F or the discovery of split genes

During 1969–1972, Sir Richard J. Roberts did postdoctoral research at Harvard University before moving to Cold Spring Harbor Laboratory, where he was hired by James Dewey Watson, a co-discoverer of the structure of DNA and a fellow Nobel laureate. In this period he also visited the MRC Laboratory of Molecular Biology for the first time, working alongside Fred Sanger. In 1977, he published his discovery of RNA splicing. In 1992, he moved to New England Biolabs. The following year, he shared a Nobel Prize with his former colleague at Cold Spring Harbor Phillip Allen Sharp.

His discovery of the alternative splicing of genes, in particular, has had a profound impact on the study and applications of molecular biology. The realisation that individual genes could exist as separate, disconnected segments within longer strands of DNA first arose in his 1977 study of adenovirus, one of the viruses responsible for causing the common cold. Robert’s research in this field resulted in a fundamental shift in our understanding of genetics, and has led to the discovery of split genes in higher organisms, including human beings.

Dr William Daniel Phillips - CCIR

Dr Aaron Ciechanover

The nobel prize in chemistry 2004 .

F or the discovery of ubiquitin-mediated protein degradation

Aaron Ciechanover is one of Israel’s first Nobel Laureates in science, earning his Nobel Prize in 2004 for his work in ubiquitination. He is honored for playing a central role in the history of Israel and in the history of the Technion – Israel Institute of Technology.

Dr Ciechanover is currently a Technion Distinguished Research Professor in the Ruth and Bruce Rappaport Faculty of Medicine and Research Institute at the Technion. He is a member of the Israel Academy of Sciences and Humanities, the Pontifical Academy of Sciences, the National Academy of Sciences of Ukraine, the Russian Academy of Sciences and is a foreign associate of the United States National Academy of Sciences. In 2008, he was a visiting Distinguished Chair Professor at NCKU, Taiwan. As part of Shenzhen’s 13th Five-Year Plan funding research in emerging technologies and opening “Nobel laureate research labs”, in 2018 he opened the Ciechanover Institute of Precision and Regenerative Medicine at the Chinese University of Hong Kong, Shenzhen campus.

18

Dr Robert Lefkowitz

The nobel prize in chemistry 2012 .

F or the discovery of G protein-coupled receptors

Robert Joseph Lefkowitz is an American physician (internist and cardiologist) and biochemist. He is best known for his discoveries that reveal the inner workings of an important family G protein-coupled receptors, for which he was awarded the 2012 Nobel Prize for Chemistry with Brian Kobilka. He is currently an Investigator with the Howard Hughes Medical Institute as well as a James B. Duke Professor of Medicine and Professor of Biochemistry and Chemistry at Duke University.

Dr Lefkowitz made a remarkable contribution in the mid-1980s when he and his colleagues cloned the gene first for the β-adrenergic receptor, and then rapidly thereafter, for a total of 8 adrenergic receptors (receptors for adrenaline and noradrenaline). This led to the seminal discovery that all GPCRs (which include the β-adrenergic receptor) have a very similar molecular structure. The structure is defined by an amino acid sequence which weaves its way back and forth across the plasma membrane seven times. Today we know that about 1,000 receptors in the human body belong to this same family. The importance of this is that all of these receptors use the same basic mechanisms so that pharmaceutical researchers now understand how to effectively target the largest receptor family in the human body. Today, as many as 30 to 50 percent of all prescription drugs are designed to “fit” like keys into the similarly structured locks of Dr Lefkowitz’ receptors—everything from anti-histamines to ulcer drugs to beta blockers that help relieve hypertension, angina and coronary disease.

Dr Lefkowitz is among the most highly cited researchers in the fields of biology, biochemistry, pharmacology, toxicology, and clinical medicine according to Thomson-ISI.

19

Dr Joachim Frank

The nobel prize in chemistry 2017 .

F or developing cryo-electron microscopy

Joachim Frank is a German-American biophysicist at Columbia University and a Nobel laureate. He is regarded as the founder of single-particle cryo-electron microscopy (cryo-EM), for which he shared the Nobel Prize in Chemistry in 2017 with Jacques Dubochet and Richard Henderson. He also made significant contributions to structure and function of the ribosome from bacteria and eukaryotes.

In 1975, Dr Frank was offered a position of senior research scientist in the Division of Laboratories and Research (now Wadsworth Center), New York State Department of Health,where he started working on single-particle approaches in electron microscopy. In 1985 he was appointed associate and then (1986) full professor at the newly formed Department of Biomedical Sciences of the University at Albany, State University of New York. In 1987 and 1994, he went on sabbaticals in Europe, one to work with Richard Henderson, Laboratory of Molecular Biology Medical Research Council in Cambridge and the other as a Humboldt Research Award winner with Kenneth C. Holmes, Max Planck Institute for Medical Research in Heidelberg. In 1998, Dr Frank was appointed investigator of the Howard Hughes Medical Institute (HHMI). Since 2003 he was also lecturer at Columbia University, and he joined Columbia University in 2008 as professor of Biochemistry and Molecular Biophysics and of biological sciences.

20

Dr Barry C. Barish

The nobel prize in physics 2017 .

For the decisive contributions to the detection of gravitational waves

Dr Barry Clark Barish is an American experimental physicist and Nobel Laureate. He is a Linde Professor of Physics, emeritus at California Institute of Technology and a leading expert on gravitational waves.

In 2017, Barish was awarded the Nobel Prize in Physics along with Rainer Weiss and Kip Thorne “for decisive contributions to the LIGO detector and the observation of gravitational waves”. He said, “I didn’t know if I would succeed. I was afraid I would fail, but because I tried, I had a breakthrough.”

In 2018, he joined the faculty at University of California, Riverside, becoming the university’s second Nobel Prize winner on the faculty.

In the fall of 2023, he joined Stony Brook University as the inaugural President’s Distinguished Endowed Chair in Physics.

In 2023, Dr Barish was awarded the National Medal of Science by President Biden in a White House ceremony.

21

Dr Harvey J. Alter

The nobel prize in medicine 2020 .

For the discovery of Hepatitis C virus

Dr Harvey J. Alter is an American medical researcher, virologist, physician and Nobel Prize laureate, who is best known for his work that led to the discovery of the hepatitis C virus. Alter is the former chief of the infectious disease section and the associate director for research of the Department of Transfusion Medicine at the Warren Grant Magnuson Clinical Center in the National Institutes of Health (NIH) in Bethesda, Maryland. In the mid-1970s, Alter and his research team demonstrated that most post-transfusion hepatitis cases were not due to hepatitis A or hepatitis B viruses. Working independently, Alter and Edward Tabor, a scientist at the U.S. Food and Drug Administration, proved through transmission studies in chimpanzees that a new form of hepatitis, initially called “non-A, non-B hepatitis” caused the infections, and that the causative agent was probably a virus. This work eventually led to the discovery of the hepatitis C virus in 1988, for which he shared the Nobel Prize in Physiology or Medicine in 2020 along with Michael Houghton and Charles M. Rice.

Dr Alter has received recognition for the research leading to the discovery of the virus that causes hepatitis C. He was awarded the Distinguished Service Medal, the highest award conferred to civilians in United States government public health service, and the 2000 Albert Lasker Award for Clinical Medical Research.

22

Dr Ardem Patapoutian

The nobel prize in medicine 2021 .

For discovering how pressure is translated into nerve impulses

Dr Ardem Patapoutian is an Lebanese-American molecular biologist, neuroscientist, and Nobel Prize laureate of Armenian descent. He is known for his work in characterising the PIEZO1, PIEZO2, and TRPM8 receptors that detect pressure, menthol, and temperature. Dr Patapoutian is a neuroscience professor and Howard Hughes Medical Institute investigator at Scripps Research in La Jolla, California. In 2021, he won the Nobel Prize in Physiology or Medicine jointly with David Julius.

Frequently Asked Questions

Why should I participate in the Re:think essay competition? 

The Re:think Essay competition is meant to serve as fertile ground for honing writing skills, fostering critical thinking, and refining communication abilities. Winning or participating in reputable contests can lead to recognition, awards, scholarships, or even publication opportunities, elevating your academic profile for college applications and future endeavours. Moreover, these competitions facilitate intellectual growth by encouraging exploration of diverse topics, while also providing networking opportunities and exposure to peers, educators, and professionals. Beyond accolades, they instil confidence, prepare for higher education demands, and often allow you to contribute meaningfully to societal conversations or causes, making an impact with your ideas.

Who is eligible to enter the Re:think essay competition?  

As long as you’re currently attending high school, regardless of your location or background, you’re eligible to participate. We welcome students from diverse educational settings worldwide to contribute their unique perspectives to the competition.

Is there any entry fee for the competition? 

There is no entry fee for the competition. Waiving the entry fee for our essay competition demonstrates CCIR’s dedication to equity. CCIR believes everyone should have an equal chance to participate and showcase their talents, regardless of financial circumstances. Removing this barrier ensures a diverse pool of participants and emphasises merit and creativity over economic capacity, fostering a fair and inclusive environment for all contributors.

Subscribe for Competition Updates

If you are interested to receive latest information and updates of this year’s competition, please sign up here.

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A pro-competition economic agenda: how government can build on recent progress.

May 14, 2024

By Bharat Ramamurti

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Failure by the government to prioritize competition and antitrust policy in recent decades has harmed consumers, workers, and the American economy.

By strengthening enforcement authorities and funding, emphasizing competition across federal agencies, enacting progressive tax policy, and addressing competitive issues in the fields of information technology and artificial intelligence, future administrations can build on recent progress in promoting competitive markets and deliver real gains to American consumers and workers.

Department of Justice Building

(Photo by Kevin Dietsch / Getty Images)

Introduction

The July 2021 Executive Order on Promoting Competition in the American Economy was a watershed moment in the American government’s approach to competition policy. For decades, the federal government had largely taken a hands-off approach to antitrust enforcement and to deploying regulatory authority to promote competition, based on the theory that consolidation could produce greater efficiencies that would flow through to lower prices for consumers.

Reflecting a growing body of theoretical and empirical research that cast doubt on the benefits of that laissez-faire approach, the executive order—along with the nomination of aggressive antitrust enforcers to key positions at the Department of Justice (DOJ) and the Federal Trade Commission (FTC)—signaled a return to the more robust competition policy approach of the first half of the 20th century.

The DOJ, FTC, and other federal agencies have since delivered major reforms that are starting to reverse the trends of the past 50 years.

This brief explores how the federal government can build on these recent successes. The July 2021 executive order included 72 specific steps federal agencies should take to promote competition in the areas they regulate, and some of those steps remain unfinished. But beyond completing that work, there are several areas—most notably, in strengthening enforcement tools and the federal judiciary, in institutionalizing a focus on competition across agencies, in reforming tax policy, and in tackling new challenges in the fields of information technology and artificial intelligence—where the government can push further in encouraging fair and competitive markets. 

This brief starts by explaining why promoting competition matters: why competitive markets deliver better economic outcomes, and why the failure to prioritize competition in recent decades has harmed consumers, workers, and the American economy overall. It then describes some of the recent progress in swinging the pendulum back toward a more competitive economy. Finally, it describes a handful of areas in which further action could build on these recent advances.

Tags: Antitrust , Progressive Taxation , Corporate Governance

Bharat Ramamurti

Bharat Ramamurti is senior adviser for economic strategy at the American Economic Liberties Project. He served as deputy director of the National Economic Council and advisor for strategic economic communications in the Biden administration from 2021 through 2023.

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