Blog and updates
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15 Jan 2020
What Happens When Economics Doesn’t Reflect the Real World?
A superb short talk on real competition and markets and the actual behaviour of agents.
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15 Jan 2020
Does a higher minimum wage necessarily cost jobs?
This is a topical debate in the UK following ion from the 6 per cent hike in the legal pay floor due to take effect this spring.
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15 Jan 2020
Responsible capitalism: Greggs has been doing it for decades
This FT article glows about the commitment to social impact by a leading poster child for entrepreneurship in the North East - Greggs
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10 Jan 2020
Economics Weekly Quiz w/e 10 January 2020
Happy New Year! Here's the decade's first economics news quiz. Good luck!
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10 Jan 2020
Finance & Financial Crises (Ha-Joon Chang)
In this lecture in INET’s “Economics For People” series, Ha-Joon Chang explains finance and financial crises.
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9 Jan 2020
Unintended consequences: Does a plastic ban harm the environment?
One for the file marked Law of Unintended Consequences: this BBC article highlights that banning all forms of plastic packaging could see firms opting for higher carbon alternatives.
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9 Jan 2020
Why Are Some Countries Rich and Others Poor? (Ha-Joon Chang)
In this lecture in INET’s “Economics For People” series, Ha-Joon Chang looks at international inequality.
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9 Jan 2020
Why new tools of time and task micro-management are counter-productive
Calling all employers! What was in your Christmas stocking? Did you find the latest gadget designed to enhance productivity?
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8 Jan 2020
What Is Wrong With Globalisation? (Ha Joon Chang)
In this lecture in INET’s new “Economics For People” series, Professor Ha-Joon Chang from the University of Cambridge explains the backlash to globalisation.
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7 Jan 2020
Renewables beat fossil fuels on 137 days in greenest year for UK energy |
The changing nature of the UK's electricity generating capacity is highlighted in this Guardian article, with the rise of renewables quantified.
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5 Jan 2020
Who has really benefited from Liberia's miracle oil?
This is a fantastic Guardian exploration of the impact of palm oil on the Liberian economy, and those that produce it. It highlights the 'promise' of higher incomes for Liberian farmers and the...
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3 Jan 2020
US imposes ban on flavoured e-cigarettes
A good example here of how a ban can impact on demand for a product but also lead to some possible unintended consequences.
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3 Jan 2020
Rail fares by 2.7% - fair for rail users?
The annual raise in rail fares, as people return to work, is always a prompt for plenty of navel gazing regarding the state of the railways and whether or not the rise is 'fair'.
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2 Jan 2020
Price mechanism in action - tobacco farmers chasing a sweeter crop
This BBC article looks how Greek tobacco farmers have switched to the production of stevia, a zero calorie, sugar substitute (natural sweetener).
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2 Jan 2020
Contestable markets: Reliance takes on Amazon in the Indian food delivery sector
News here that Indian conglomerate Reliance Industries is going head-to-head with Amazon in the online retail sector, with the soft launch of JioMart.
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31 Dec 2019
Development Economics Success Stories from 2019
Students spend plenty of time dissecting and discussing development traps. Here is a glass-half full selection of positive development stories from 2019.
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31 Dec 2019
UK national living wage to rise by 6.2% in 2020
The UK National Living Wage (formerly known as the minimum wage) is set to rise by 6% in April 2020 following a recommendation from the Low Pay Commission.
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28 Dec 2019
CMA probes Amazon over plan to buy Deliveroo stake
The Competition and Markets Authority (CMA) is still concerned about Amazon's proposed purchase of a stake in Deliveroo.
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28 Dec 2019
How the US-China trade war has changed the world
The BBC looks here at how the US-China trade war has changed the global trading environment, identifying three main themes - the end of multilateralism, across a range of issues; a splintering of...
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22 Dec 2019
Tragedy of the Commons - How the scramble for sand is destroying the Mekong
AQA chose sand as a topic in a recent A-level economics exam. Here is classic example of a common access resource being over-exploited as it inevitably will be.
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