Blog and updates
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25 Feb 2019
The Limits of Rational Economic Man
Here is a conversation between Harvard political philosopher Michael Sandel and Harvard economist Greg Mankiw who discuss the role of government, morality, and markets in public health including a...
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25 Feb 2019
Netflix and the Future for Cinemas
This BBC Reality Check clip looks at the impact of Netflix on the cinema industry - and represents a way into a lot of issues. Innovation, theory of the firm, cross price elasticity of demand, and...
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21 Feb 2019
Salmon farmers in Scotland in price-fixing inquiry
EU competition authorities suspect that there's something fishy goingon in the market for farmed salmon, and have raided a number of producers in Norway, the Netherlands and Scotland.
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20 Feb 2019
Climate change: the inter-generational challenge
Excellent Newsnight piece on how climate change might be the biggest inter-generational battle of the 21st century. It highlights the issue in the light of protests from many thousands of young...
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19 Feb 2019
Confusing pairs of key phrases in A Level Economics - have a go at our 'Test Yourself' Activity
Here's a fantastic activity from our team of contributors who have identified the key phrases that are often misused during A Level Economics exams. Examiners have made frequently commented upon...
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17 Feb 2019
How Lidl has used monopsony power to increase their market share
There is some super applied business economics here. Lidl and Aldi are having a transformative impact on the UK food grocery landscape with a combined market share north of 12 percent.
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17 Feb 2019
Loss aversion - pension hike may cause some to leave workplace pension scheme
Behavioural economics meets financial economics in this news article from the BBC.
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15 Feb 2019
Economics Weekly Quiz - 15 February 2019
Here's this week's Economics news quiz. Good luck!
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15 Feb 2019
Spiralling debt could herald the next financial crisis
Concerns are growing that another financial crisis is imminent. No less a figure than Ken Rogoff wrote last week that “the next major financial crisis may come sooner than you think”.
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14 Feb 2019
Globalisation: How can we tax the footloose multinationals?
Joseph Stiglitz writes on the thorny question of tax avoidance by multinationals, such as Apple, and concludes that for all their talk, the notion of corporate social responsibility is largely hot...
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14 Feb 2019
Can a universal basic income help society?
The Economist looks at the notion of a universal basic income (UBI). In Stockton, California, a city with above-average unemployment, the Mayor has introduced an experiment to give 100 people $500...
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14 Feb 2019
Oligopoly - Why is insulin so expensive?
A fascinating Business Insider clip looking at why insulin is so expensive in the US - and why it hasn't always been that way.
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14 Feb 2019
The positive returns from cutting food waste
A lovely article that highlights how tackling food waste in restaurants could generate significant returns for those companies that look to tackle the issue.
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14 Feb 2019
A Malaysian town smothered by rubbish
And this is where much of the plastic waste generated both in the West and in China, ends up. The town of Jenjarom in Malaysia has become the epicentre of the illegal plastic recycling industry,...
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12 Feb 2019
Biggest offshore wind farm to start UK supply
The Hornsea One offshore wind farm is about to start supplying the UK with electricity this week.
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12 Feb 2019
Tackling childcare in Sri Lanka
This International Finance Corporation clip looks at the importance of tackling the lack of childcare in Sri Lanka: it's an important cog in promoting female participation in the labour force, in a...
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10 Feb 2019
Could a cashless economy help central banks to use negative interest rates?
This IMF blog (published February 2019) argues that a dual currency system involving e-money and cash might give central banks for more freedom to cut interest rates below zero as a policy response...
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10 Feb 2019
Beyond Bangladesh - saving lives in the garment industry
This article from the OECD is relevant to students who have chosen Bangladesh as one of their chosen developing countries for more detailed A-level study.
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10 Feb 2019
Lessons from nine financial crises since the 1960s
The veteran economics journalist William Keegan reflects here on the key events of the eight financial crises involving the UK that he has covered, This is an engaging journey down memory lane for...
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