Why is there a lower minimum wage for younger workers?

Under the current minimum wage legislation, younger workers in the UK can be paid less than somebody who is older than them for doing the same work. David Kingman looks at the economic arguments for designing the minimum wage like this, and the prospects of change in the future

As robots take our jobs, should we turn back to Marxism?

Arguments that automation will devastate the job market for future generations are often casually pushed aside as unduly pessimistic, says Antony Mason. But when this is cited by the Governor of the Bank of England as a genuine threat, we really should sit up and take some notice

Student loan book sale: an £800 million loss

Jo Johnson, the Minister of State for Universities and Science, has quietly announced the completion of the sale of the 2002–2006 student loan book. Liz Emerson, IF Co-founder, investigates