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Topic updates
Tragedy of the Commons - Over-harvesting hit Texas oysters
A good example here of the negative externalities of climate change and the problems associated with common access resources, with overfishing harming Texas oyster farmers. As a result, of the...
Hysteresis - Generation Y bear the scars of the Global Financial Crisis
The Resolution Foundation has published new research indicating that so-called Generation Y adults are worse off than their predecessors, earning less, and struggling to afford property in the UK,...
Contestability - Why Aldi Is a Threat to Supermarkets
The Wall Street Journal has looked at the rise of Aldi in the US, highlighting the ways that the German discounter has become the fastest growing chain.
Globalisation Is Fracturing. So What Comes Next?
This eight minute video from Bloomberg News is ideal support for teachers and students covering Globalisation and indeed de-globalisation as part of their Year 13 Macroeconomics. It introduces us...
We make 50 billion shoes per year, and nearly all of them end up in landfill. This Business Insider clip looks at the recyclability of sports shoes, and the difficulties in doing this.
Poverty and Destitution in the UK - New Research from the JRF
This Joseph Rowntree Foundation clip looks at how far Universal Credit stretches for low income families, noting that for many of them, it doesn't even cover the cost of essential items. And that...
10 Years of China's Belt and Road Initiative
This FT clip celebrates the 10th anniversary of the Belt and Road Initiative being launched by China, and whether or not its been successful or not.
Water Crisis - What went wrong with Britain's water system?
Ed Conway and the team at Sky have produced this brilliant piece of in-depth journalism that articulates the structural problems and myriad failures of the water and sewage system in the UK. It is...
Pakistan's Endless Economic Crisis
This Bloomberg clip looks at the state of the Pakistani economy, highlighting the problems that the country faces, and how it has lagged behind its neighbour India. Pakistan's 36% inflation has...
Why underinvestment is holding back the UK economy
It is perhaps ionic that Faisal Islam should chose to illustrate a story about under-investment in the UK with Milton Keynes. The reality is that the UK's under-investment is as old as the 1960s city.
The UK's Infrastructure Woes
One of my former students insisted on including infrastructure in all of his macro (and many micro) exam essays. The reasoning was intuitive and persuasive, namely that better infrastructure can...
Is there a way out of the doom-loop of failed economics?
In the light of the uninspiring fare seeming being passed off as policy these days, Mariana Mazzucato's piece in the Guardian is a call-to-arms.
Development Economics - Have we reached Peak China?
This Amy Hawkins piece in the Guardian highlights two important aspects of China's recent development - the extent of poverty reduction, which represents a significant part of global poverty...
Government Intervention - Is it Time for a Meat Tax?
The Financial Times has published a new video on the arguments for and against a meat tax. Would a new tax help curb global meat production and consumption and help reach targets for...
Micro-policies to tackle unemployment
Macroeconomic outcomes have microeconomic foundations! This Guardian article looks at a localised scheme to tackle unemployment, which takes a highly personalised approach to trying to get some of...
Why is the Argentinian economy in such a mess?
An excellent Economist piece that looks at the state of the Argentinian economy, with an economy in pieces - crippled by hyperinflation - and as a result, an extreme candidate well-placed to win...
Competition Policy in Action! EU looks to curb the power of big tech firms
It looks like the EU is looking to curb the market power of big tech firms via its new Digital Markets Act, that is seeking to increase competition in the sector. One way of doing this is to give...
Why Globalisation needs a revamp
Robin Niblett looks at how globalization has altered in the past 15 years, with the global financial crisis and its aftermath reflecting the geopolitical realities of international trade.
Is an expanding BRICS a challenger to G7?
A short Newsnight video looking at the future for the BRICS group - and whether or not it is going to become a challenger to the G7.
China's Great Economic Slowdown
The Chinese economy was forecast to recover at pace in the aftermath of the pandemic: however, it hasn't. Troubles in the property sector, to the extent that property prices are falling in some...