25 November 2022

Visiting the London School of Economics: Y13 trip

Visiting the London School of Economics: Y13 trip

A few weeks ago, in one of their Economics classes, our Y13 students were presented with an unusual - but extremely interesting - question: should company CEOs be so highly paid? 

Patrick, our Business and Economics teacher, had come across a book called “If you are so ethical, why are you so highly paid?” by Alexander (Sandy) Pepper, that posed the same questions to its readers.

The author of the book definitely planted a seed in our students’ minds, and gave them the opportunity to reflect on salaries, wages, and inequality in modern society. 

For this reason, following a class debate, our Y13 students were given the opportunity to attend a conference at the London School of Economics (LSE) on Monday 21st of November, held by Sandy Pepper himself!

The conference was attended by people of all ages and backgrounds, including LSE students, lawyers, sociologists, bankers. 

After an introduction about how CEO’s pay has grown in the past decades, based on a study that included 256 CEOs across 20 different industries, Sandy Pepper opened a Q&A session. The author was then asked about his point of view and his ideas on how society should change moving forward. 

One of our students, Solomon (Sisi), also asked a question, as he wondered why today there is such a focus on being ethical, in opposition to how society worked in the past. After discussing this, Sisi agreed that there should be a pre-agreed maximum amount that the CEO salaries should reach. 

The EIC students were all extremely fascinated by the conference, and explained that, not only was it a great opportunity for reflection, but also taught them new terminology, and new points of view on how our economy works in modern society. 

Sisi explained that most of what was discussed at the conference is not covered in an Economics syllabus, and added:

“This conference has furthered my knowledge of Economics as a whole. One example is the concept of Entitlement in the context of work pay, as well as deepened my understanding of the concept of Free market. Also, joining this event at the LSC campus was definitely eye-opening, and allowed me to think about how the income distribution is heavily skewed towards people at the top”. 

Many of our Y13 are eager to mention their participation to the conference on their personal statement for their UCAs applications, and will read Pepper’s book, if they haven’t done so already. 

  • 25


    Foodbank Collection - An EIC tradition

    Then, either just before the Christmas holidays or after, the donations get brought to the Ealing Foodbank, or to local shops that support various cha...

  • 23


    The Monday Briefing: No Violins

    I’ve enjoyed four very interesting meetings over the last week or so, each of which being with either a student of the past, or a future student at th...

  • 16


    The Monday Briefing: Dear Friends

    Not only do the reports detail each and every minutiae in terms of student performance with regards to the important factors required for growth at th...

  • 09


    The Monday Briefing: Another One Bites the Dust

    I took a great deal of pleasure in welcoming students back to the College this week, and what better way to do so than a first day assembly? I always ...

  • 12


    The Monday Briefing: Thank God it's Christmas

    As we enter the last week of term, it’s only starting to dawn on me just how momentous the journey has been for the College over the last few months. ...

  • 08


    Inaugural Bellevue Debating Competition

    On Thursday, the first-ever Bellevue Seniors Debating Competition was held at Ealing Independent College, featuring six teams from the host school, Fa...

  • 06


    Scholarship Competition 2023: Tips from our Previous Winner

    Ealing Independent College is excited to announce that the applications for the Scholarship Competition 2023 are now open, and can be submitted here.

  • 05


    The Monday Briefing: Heaven for Everyone

    With one of the key parts of my remit being the management of behaviour at the College, I work very hard to ensure that standards are maintained. The ...

  • 25


    Visiting the London School of Economics: Y13 trip

    Patrick, our Business and Economics teacher, had come across a book called “If you are so ethical, why are you so highly paid?” by Alexander (Sandy) P...

  • 14


    The Monday Briefing: It's Late

    It’s perfectly normal behaviour for children to test the boundaries and push the limits.  The most important response for a parent, or teacher, who ha...

  • 31


    The Monday Briefing: Feelings Feelings

    As I was contemplating the many facets of my role over the half term week, I happened upon a couple of articles which drew immediate interest. One, en...

  • 18


    Oh My Sallow Tree

    “Oh my Sallow Tree” is the title of the poem that won the National Poetry Day Competition - for the category of Key Stage 4 and 5 - launched by Bellev...