The RES Essay Competition is a worldwide annual competition. Candidates are invited to write a unique essay of between 1,000 to 2,500 words, on a subject set by the President of the Royal Economic Society, calling on key elements of their studies, examples from the world around them and imaginative discussion.
Lukha chose the topic "Does rising inequality warrant the imposition of higher income and inheritance taxes on the rich?", analysing the merits of taxation as a means of addressing inequality.
The judging panel consisted of Sir Charles Bean (former RES President and former Deputy Governor of the Bank of England), Stephanie Flanders (award winning BBC journalist and Economics Editor, now J.P. Morgan Asset Management's chief market strategist for the UK and Europe) and Professor Jonathan Haskell (Imperial College and former elected member of the RES Council).
Over 1,700 entries were received by the RES and Lukha was placed in the top 19 - well done Lukha!