Blog and updates
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23 May 2020
This is Poverty
This is a really powerful film from the Joseph Rowntree Foundation about the multi-dimensional nature of poverty, which manifests itself in different ways.
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23 May 2020
CoronaNomics - economic solutions to the corona crisis
CoronaNomics is presented by Ben Chu of the Independent and Lizzy Burden of the Telegraph and guests have included Joe Stiglitz and Esther Duflo.
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21 May 2020
Is national happiness going to be a better way to measure economies than GDP, in 2020? [Year 12 Enrichment Task]
Year 12 economics students are likely to have studied the various measures of national happiness, or wellbeing, as alternatives to GDP. With the GDP of the UK predicted to shrink by up to a third,...
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21 May 2020
Should China offer debt forgiveness to the developing world? [Year 13 Enrichment Task]
Students in year 13 will have studied development economics as part of their A level syllabus, and are likely to be aware that debt and loan repayments are one of the factors which constrains...
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20 May 2020
Huge rise in the claimant count as recession bites
The extent of the rise in unemployment as a result of coronavirus is reflected in data that in the first full month of lockdown, the claimant count measure of unemployment reached 2.1 million, a...
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18 May 2020
The rise and fall of global trade: from the Romans to coronavirus
Brilliant from Beattie - a superb ten minute economic history video from the FT's senior trade writer Alan Beattie looks at the the forces behind the surge and collapse of globalisation. This is...
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14 May 2020
Will coronavirus lead to fairer societies? [Year 13 Enrichment Task]
This week's enrichment task for year 13 students asks them to consider the work of Thomas Piketty, a French economist. In a new book, Piketty explores the ineffectiveness of the traditional parties...
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14 May 2020
The EU, Free Trade and Protectionism [Year 12 Enrichment Task]
This week's enrichment task for Year 12 students reflects on Brexit - remember that? For the first couple of months of 2020 it seemed likely to be the most fundamental economic shock for the year,...
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14 May 2020
Piketty on whether coronavirus might lead to fairer societies
The Guardian carries an interview with Thomas Piketty about prospects for lower levels of inequality in the aftermath of the pandemic.
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8 May 2020
US unemployment rises 33 million since start of the pandemic
The scale of the rise in US unemployment is unprecedented - whereas seven weeks ago, unemployment was at its lowest level in 50 years, today US unemployment stands close to 20%, something not seen...
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7 May 2020
From our Economics Correspondent: The state of the UK economy in 2025 [Year 12 Enrichment Task]
As I write this entry, the Bank of England has just released a report warning that the UK faces its deepest recession on record. This initial report from the BBCexplains that Bank said that the...
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7 May 2020
Is globalisation now in reverse? [Year 13 Enrichment Task]
This week's Enrichment Task for Year 13 students was inspired by a BBC radio programme on Monday morning. In 'Start the Week', journalist Andrew Marr explored the history of globalisation (which...
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4 May 2020
Could universal basic income help reduce the risk of future economic shocks?
John Harris wonders here whether the time for a Universal Basic Income has come, and how it might help create a more equal and less divisive society.
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4 May 2020
Will small scale coffee growers survive the crisis?
Proof here that whilst we often simplify, and assume that primary products are homogenous, this isn't actually the case.
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4 May 2020
How to avoid a W-shaped global coronavirus recession
A Project Syndicate piece here on how to ensure that we don't have a W-shaped coronavirus recession.
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3 May 2020
Pakistan pays people out of work in the pandemic to plant trees
The World Economic Forum highlights the effect of the coronavirus pandemic in Pakistan in this clip, that looks at the importance of providing a social safety net for people out of work, giving...
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3 May 2020
Virgin and O2 plan merger
News here that Virgin Media and O2 are apparently considering a deal to challenge the Sky/BT duopoly with a platform spanning communications and television.
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