Blog and updates
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6 Jul 2020
Will time-limited vouchers help kick-start an economic recovery?
How should the UK government drive the recovery? Torsten Bell from the Resolution Foundation has an idea.
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6 Jul 2020
Development focus: Finding the 'invisible' millions who are not on maps
This BBC article highlights the importance of property rights in development.
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6 Jul 2020
Keynes for the Beginner
Professor Robert Skidelsky is running a series of tweets capturing the essence of Keynesian economic thinking. We'll curate his tweets in this blog entry - there is a lively debate after each of...
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6 Jul 2020
Flexible ticket pricing likely as workers stop their daily commute
This is an example of how coronavirus may have changed the way the labour market operates and affected consumer tastes too.
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6 Jul 2020
Monopsony Power in Action: Tesco demands supplier price cuts in discount battle
This news covers competition in the supermarket sector, monopsony power costs, income elasticity of demand and more.
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6 Jul 2020
Can New England's cod fishing industry survive?
This Guardian article looks at a classic common access resource problem: over-fishing. In this case, it's the North Atlantic waters off the New England coast that no longer teem with cod.
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6 Jul 2020
Should the UK introduce a new wealth tax?
61% of UK public support wealth tax for individuals with assets worth more than £750,000, (excluding pensions and value of main home) according to a survey from YouGov.
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3 Jul 2020
Marshall Society (Cambridge) launch their 2020 essay competition
The Marshall Society, the economics society of the University of Cambridge, is excited to launch their 2020 essay competition.
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3 Jul 2020
World's first 3D printed plant-based steak
What shall we print for dinner? This Reuters clip looks at the growth of the alternative meat market - notably in Israel.
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3 Jul 2020
Surge in innovation is silver living from Covid crisis
A silver lining of the Covid crisis has been a surge in innovation. Enterprising firms have invented both new products and different ways of delivering existing ones.
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3 Jul 2020
CMA argues that Google and Facebook have too much market power
The Competition and Markets Authority have suggested that Google and Facebook, have too much market power in the market for digital advertising.
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3 Jul 2020
Privatised water corporations have paid £57 billion in dividends since 1991
Since privatisation in 1991, water companies have paid shareholders nearly £2bn per year in dividends.
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1 Jul 2020
How likely is a V-shaped recovery for the UK economy?
Andy Haldane's caveat is fascinating here - the UK will EITHER experience a V-shaped recovery or risks 1980s-style levels of unemployment.
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29 Jun 2020
Can and should governments use regulation to control the FAANGs? [Year 12 and Year 13 Enrichment Task]
Since lockdown started in March, technology has become even more important in our lives. We use it for education, for business, for our shopping, and for our social connections. Those who don't...
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28 Jun 2020
Why real saffron is so expensive
Is this perhaps the best example of a luxury good? Why does saffron cost £10,000 per kilo?
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28 Jun 2020
Is the UK sleep-walking into an unemployment crisis?
This Larry Elliott article about prospects for jobs in the UK, suggests that, while in the short-term things will be bad, they are likely to be even worse in the longer term.
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26 Jun 2020
Why high fixed costs could lead to thousands of car industry job losses
Self-evidently, the car industry is under the pump at present, and job losses are inevitable.
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26 Jun 2020
How new roads in Timor-Leste bring hope to farmers and families
This World Bank clip looks at how improved roads in Timor-Leste have also improved developmental outcomes on the island, with some of the poorest citizens getting access to markets more easily, and...
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