Congratulations Terhemen Agabo, a Tekedia Institute columnist, for being selected for Chevening scholarship. Terhemen will be studying MA Development Economics at the University of Sussex. From all of us at the Institute, we want to wish him an amazing future. Yes, he can crack the code for economic equality. He has written on “A Simple Model of Economic Prosperity for All” thus:
“According to economists, the distribution of wealth in society is determined by the ownership of factors of production namely Land, Labour, Capital and Entrepreneurship. So, people who own one or more of the factors use them as sources of income as they engage in economic activities. You pay me rent for using my land, wages for labour, interest for capital and profit goes to the entrepreneur. “
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