Blog and updates
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27 Aug 2021
Price elasticity of demand - Peloton cuts price of bike as sales growth slows
Are the wheels starting to come off the connected-fitness market dominated by businesses such as Peloton?
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27 Aug 2021
Maximum prices - Why rent control isn’t working in Sweden
This is the sort of really interesting article that Economics teachers love - a classic example of why rent ceilings don't work.
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24 Aug 2021
Poorer UK towns found to have the most betting shops
New Bristol University research reported here suggests that the poorest sectors of society in the UK are targeted with betting shops more highly concentrated in less affluent areas. Betting shops...
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24 Aug 2021
Innovation and Creative Destruction - The Rise And Fall Of Polaroid
Here is a lovely bit of economic history covering creative destruction and the nature of markets.
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23 Aug 2021
13% rise in average UK property prices as demand-side factors dominate
Are soaring property prices - over time - good news for the UK economy?
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22 Aug 2021
Environmental Economics - Should a carbon tax vary over the economic cycle?
Should a carbon tax vary according to the stage of the economic cycle?
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22 Aug 2021
UK Economy - uncertain times ahead
A cluster or comment pieces in recent days have focused on the uncertainties surrounding the UK and global macroeconomics outlook.
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20 Aug 2021
Business growth - Lloyds Bank aiming to become giant UK landlord
Lloyds Banking Group is planning the enter the private housing rental market through their Citra Living brand.
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19 Aug 2021
Executive Pay - FTSE bosses earn 86 times more than average UK worker in 2020
The vexed issue of executive pay is highlighted in a new High Pay Centre investigation into the extent to which CEOs do better than the rest of us.
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17 Aug 2021
Sustainable growth - Mangrove reforestation saves Senegal's fishing communities
A lovely short video case study here on how reforestation can help to promote sustainable development.
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17 Aug 2021
Excess supply - how hard is it to recycle a jumbo jet?
This is a fascinating insight into the market for jumbo jets, with current estimates that nearly 40% of all jets are currently sat idle
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17 Aug 2021
Innovations that help make the circular economy a reality
This World Economic Forum clip highlights three things that are making the circular economy more achievable
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13 Aug 2021
Diversifying Jamaica’s economy in the post-pandemic world
I enjoyed reading this piece in the Oxford Business Review on barriers to growth and development in the Jamaican economy.
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12 Aug 2021
Contestable Markets - China tech giant Xiaomi aims at global smartphone top spot
It is interesting that Xiaomi are being so ambitious in targeting top spot in the global smartphone market.
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11 Aug 2021
The Geography of Innovation - How disruptive technologies diffuse
This new paper from Bloom et al from Stanford provides an overview of how original pioneer locations of disruptive technologies such as AI and broadband retain their initial advantages over many...
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10 Aug 2021
Contestable markets - JetBlue to launch NY-UK flights despite pandemic
Can JetBlue succeed where other challengers to the oligopolistic power of BA, Virgin and other leading carriers have failed?
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9 Aug 2021
Economic systems - Cuba allows small and medium-sized private businesses
Is this the beginning of the end for the command economy in Cuba?
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9 Aug 2021
Understanding Prices - Why Hasselblad Cameras Are So Expensive
Another excellent Business Insider look at a luxury good - this time the Hasselblad camera.
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4 Aug 2021
Development Barriers - How to Attract Private Finance to Africa’s Development
Around 95% of infrastructure spending in sub-Saharan Africa is funded by national governments rather than the private sector.
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3 Aug 2021
Why market structure matters for development
i really like this research article from VoxDev on global differences in cement prices as it brings Theme 3 micro and Theme 4 macro together.
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