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About Us

We, The Post-Crash Economics Society, are a group of economics students at The University of Manchester. It is our belief that the content of the economics syllabus and teaching methods could and should be seriously rethought.

The Report

We have published a Report outlining what is wrong with economics education at the University of Manchester and in the UK. It includes a foreword by the director for Financial Stability at the Bank of England, Andrew Haldane.

Contact Us

If you want to join our mailing list, if you have any questions about upcoming events and lectures, schools of thought, what we’re working on or, if you have any suggestions for speakers you would like to see at our events or anything else please get in touch and we will endeavour to get back to you as soon as possible.
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Inequality and Poverty Module Petition

We are petitioning the University of Manchester Economics Department to introduce a module on the Economics of Poverty and Inequality. We believe that the content of this module is of great importance and interest to the student body, and should be available to select at some stage in the economics undergraduate curriculum.

If you are studying Economics in your degree at the University of Manchester, you can help us by signing the petition.

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Dissertation Survey

We have launched, together with the University of Manchester Students’ Union, a survey that aims to find out what are the students’ opinions on the currently available Economics dissertation modules. We will forward the results of the survey to the Economics Department of the University of Manchester in an effort to increase the accessibility of these modules in the future.

If you study Economics at the University of Manchester, you can access the survey by clicking the link below.


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Latest from our Blog

Cakeonomics Event: The Gig Economy Debate

PCES recently had our third ‘Cakeonomics’ event on the gig economy. Speaking were Jack Hunter (from the Institute for Public Policy Research) and Sam Dumitru (from the Adam Smith Institute), two people one would expect to have very different views about the merits and drawbacks of the gig economy. Dumitru – who used to be a student here at Manchester – argued that the gig economy has brought immense benefits to both consumers and workers. He cautioned against only considering the well-being of workers, which would ignore the lower prices, better matching of demand and supply and increased convenience brought by companies such as Uber and Airbnb. He further argued that although these companies have perhaps not been competing on a level playing field, this was largely due to over-regulation of existing industry, particularly hotels, and so deregulating them would make competition work more effectively. He did, however, acknowledge that there have been some issues with increased insecurity of workers in the gig economy, and reduced worker’s rights. In response, he cited surveys showing that most Uber drivers are happy with their flexible contracts; he also argued that for many of them, the gig economy was better than the alternative. Hunter’s overarching point was that governments have proven under-prepared to deal with the changes that have occurred in the labour market. Gig economy workers are not really ’employees’ in the traditional sense that, say, factory workers might have been and so the company is less invested in their development. Although there are benefits to this flexibility, the state needs to adapt to alleviate the corresponding lack of security while...

The Gig Economy: A Rider’s Tale

All we are given is a jacket and a black box. They had a look at my then death-trap of a bike, but weren’t too interested in my shoes or gloves. I was given a couple of training videos to watch, and that’s it. I’m my own boss. I have complete freedom. It isn’t long before the reality of being on my own and the complete responsibility which goes with that, dawns on me. A couple of nightmare shifts caused me to learn the job fast, delivering food to the right place is surprisingly difficult. During my first cold spell when it rained, my hands and toes got so cold that I couldn’t feel them. My gloves and shoes were inadequate, which, we can say, was my fault. But most manual jobs ensure you have the right clothing, and continue to ensure it. They gave me a jacket, T-shirt and some lights in July 2016 when I started working for them, but since then no one has checked up on me. That’s just the nature of it: a real departure from traditional employment structures. Then I got a puncture and lost 70 pounds while I fixed it. It occurred to me that I would be on my own as well if I had an accident and ended up paralysed hospital thinking ‘ok well that wasn’t worth it’. I decided not to think about that and instead tried to focus on my target of hitting 2-3 drops an hour. This would mean I’d get 10 pounds an hour – better than minimum wage. The chances of maintaining this rate, however,...

Jim O’Neill challenges assumptions and talks candidly about Brexit

Recently, students at The University of Manchester were joined by Lord Jim O’Neill for a talk on Brexit and its implications for the British economy. The talk was followed by an impromptu Q&A, whereby Lord O’Neill responded to audience questions largely based around the current government. Lord O’Neill is without a doubt a prominent figure in the field. He is a former Goldman Sachs executive and is best known for devising the BRIC (Brazil, Russia, India, and China) acronym denoting fast growing developing countries. Additionally, Lord O’Neill served as commercial secretary to the Treasury, where one of his principle concerns was championing the Northern Powerhouse project as the key player in its conception. The points addressed by Lord O’Neill centred around economic modelling from his previous experience. In so doing, Lord O’Neill challenged several of the assumptions made by academics in classrooms: the idea of unemployment, often perceived to be a lagging indicator of economic performance (i.e. unemployment goes down after output rises, vice versa), as an excellent leading predictor of economic performance (in the case of U.S. joblessness counts produced each month); the notion of China as an economy built on exporting, which is the top importing destination for over 70 countries (including Germany); and lastly that two of the most productively stagnant economies (Britain and Japan) are responsible for one of the most productive manufacturing plants in the world (the Nissan Sunderland factory). Lord O’Neill finished his talk rather counteractively by suggesting that Brexit is not the biggest challenge for the UK Economy. Instead, we should turn to focus on tackling our productivity issues through revisiting the...