Macroeconomics: UK economy, IB Economics

Another day, another trade-off: this time Christian Aid make the case that a 0.5% wealth tax would pay for the UK's share of an international loss and damage fund to compensate countries for the worst effects of climate change.

Superficially, this has appeal, but it's far from good economics for many, many reasons - you might have a think about why, reflecting on incentives, and the unintended consequences of such a move. 

An unusual opportunity cost of Brexit, perhaps. This Guardian article suggests that Northern Irish businesses might look for compensation for Brexit arguing that they're going to incur significant additional costs. 

I'm not so sure that this will succeed, although it's a canny attempt to capitalise on the fact that the government has already shown willing to spend to keep people happy. If it does succeed, does this open the way for Leave voters to do the same in due course?