The Dorian Fisher Memorial Prize 2019 Results:
The IEA is delighted to announce the results of its 2019 essay competition for the Dorian Fisher Memorial Prize. The first prize of £500 went to Milena Ermolenko of St George’s International School, Luxembourg, while the three runner-up prizes of £250 each went to Suyash Chandak (The Doon School, Dehradun, India), Duncan Montford (Dollar Academy), and Max Ronte (Whitgift School, Croydon). Among those who just missed out on one of the top four prizes were Frederic Kong, Bilal Moin (Dhirubhai Ambani International School, Mumbai), James Corcoran (Skinners School, Tunbridge Wells), Zak Shah (Queen Elizabeth’s Barnet), and Barnaby Shand (Uppingham School). The prize of £500 for the school with the highest number of entries went to Royal Grammar School, High Wycombe with the winners for the last two years, Queen Elizabeth’s Barnet, a close runner up.
The Monetary Policy Essay Prize 2020
On 17th February we ran the final for the second year of our Monetary Policy Essay Prize at the Vinson Centre. The prize is for University Undergraduate students and was held jointly with the Institute of International Monetary Research at the University of Buckingham.
The essay question was “Is monetary policy exhausted? Is it possible that the state cannot create extra money balances? In your answer discuss in detail the methods by which the state – understood to include both the government and the central bank – can create new money balances and the implications for the economy of those different methods.”
The 2020 competition was won by UCL’s Mihir Gupta for his essay and presentation. The entries were reviewed by a panel of judges and the top 4 entries presented their papers at the Essay Prize Final on 17th February at the Vinson Centre at the University of Buckingham.
Mihir won a prize of £1,000. A second prize of £300 was awarded to Tim Edwards from Bristol University and the third place award of £200 went to Anjali Sharma who is starting her studies in Financial Maths next year.
The entries were judged on the criteria of knowledge and understanding of the economic issues raised by the challenge, use of resources, the quality and clarity of the argument and analysis presented, and the degree of originality and insight displayed.