Blog and updates
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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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23 Jun 2020
Lockdown data
An article published in The Sunday Times this week highlighted some interesting data relating to changes in consumption patterns due to the coronavirus.
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19 Jun 2020
Surge in borrowing takes UK national debt above 100% of GDP
Wow! The latest data about the public finances sees government borrowing hit a record level in May 2020, and the biggest since records began (in 1993).
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17 Jun 2020
Competition policy - an investigation into government intervention to promote competition in markets [Year 12]
The enrichment task for Year 12 students this week introduces them to financial markets and to government intervention in the form of regulators and competition policy. It is set against the...
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17 Jun 2020
Should 'Corona cycleways' become the new post-confinement commute? [Year 13 Enrichment Task]
The enrichment task for Year 13 students this week suggests a look ahead at how life might be in the 'new normal' - focusing on how we will travel to school and work. In the UK, it is now mandatory...
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15 Jun 2020
Competition heats in contestable Spanish telecoms industry
Here is an excellent FT for Schools article on the current state of the Spanish telecoms market.
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15 Jun 2020
2020 LSE Economics Society Essay Competition is launched
This is an excellent enrichment opportunity for Year 12 students. The 2020 LSE Economics Society Competition has been launched - details are in this blog.
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15 Jun 2020
Economics and Me: Black Lives Matter
The latest edition of the podcast from Will Haines covers the life and times of two inspirational black economists: Sadie Alexander and Sir Arthur Lewis.
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13 Jun 2020
Did the pandemic lead to fewer customer discounts in stores?
This is a fascinating article about the nature of pricing goods and services during the pandemic, with implications for inflation too.
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