Blog and updates
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8 Jun 2017
Productivity Matters!
Productivity is not just some abstract concept from economic theory. It has huge practical implications. Ultimately, it determines living standards
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6 Jun 2017
FT Online offered free to students and teachers
An important development! The FT is giving free access to all secondary schools, academies and colleges. The FT yesterday launched a scheme for sixth form students and their teachers to register...
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5 Jun 2017
Surge pricing comes to the supermarket
This is a really interesting article from the Guardian about the rise of dynamic pricing by supermarkets - drawing on the power of big data and ubiquitous mobile technology to personalise prices...
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4 Jun 2017
Microeconomics diagram in your pocket
Following on from our quick revision tool aimed at Business Economics, here is another online tool for revising A Level Microeconomics in preparation for upcoming exams. Click here for 'Diagram in...
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3 Jun 2017
Diagram in your pocket - quick diagram revision tool for Business Economics
Looking for a quick and last-minute revision tool for testing knowledge on diagrams relating to business objectives, economies of scale and labour economics? This online tool gives you a...
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2 Jun 2017
US withdraws from the Paris climate accord
The global response to President Trump's announcement that he is withdrawing the United States from the landmark 2015 Paris climate accord on climate change has been predictably strong. The reality...
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1 Jun 2017
The UK can teach the Euro Area about how to run a monetary union
The Office for National Statistics (ONS) published last week some figures which show how a successful monetary union works in practice.
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1 Jun 2017
Not Quite Rational Man
If you read a better, more interesting and thoughtful essay on behavioural economics in the next year then I will be surprised! Cesar Hidalgo - notable of course for his work on information and...
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1 Jun 2017
Are McJobs History?
Here is a very interesting Kamal Ahmed look at 'flexible working': how it has changed the nature of the modern labour market and how McDonald's has been a market leader in improving employment...
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1 Jun 2017
Contestable Markets - BC launches new Trans-Atlantic Low Cost Carrier
It seems that the discounters are getting everywhere, with IAG's Level being the latest entrant to the low-cost carrier market. However, like Norwegian and Eurowings, it is a low cost carrier that...
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31 May 2017
The Evolution of Money with Ann Pettifor
Money makes the world go round: but what is it really?
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31 May 2017
Behavioural economics that saves lives - The Zusha campaign in Kenya
Behavioural economics-tastic: the Zusha campaign in Kenya is reducing the number of road traffic accidents as a result of passengers warning against reckless driving. Passengers are encouraged to...
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31 May 2017
The ghost collateral that haunts China
The credit rating on China's sovereign debt has been lowered for the first time in three decades. With the Chinese mainland facing its slowest growth in over a quarter of a century, defaults are...
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30 May 2017
India scraps plans for coal plants as cost of solar collapses
The shift towards solar power as an affordable source of renewable energy seems to be gathering pace. Economies of scale are lowering the unit cost of solar power and this article suggests that the...
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28 May 2017
Why Can’t Economists Sell Free Trade?
Two centuries on from the emergence of the idea of comparative advantage as the basis for specialisation and trade, why does it remain hard to sell the idea of free trade?
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28 May 2017
Explaining the Dominant Currency Paradigm
The dominant currency paradigm is about the fact that the US dollar matters a huge amount in setting the prices at which trade takes place in the global economy.
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28 May 2017
Euro Zone recovery gathers momentum
Whisper it quietly but the economic upturn in the Euro Area seems to be gathering some momentum. Unemployment is now at a seven year low - although it remains stubbornly above levels in the UK for...
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28 May 2017
China's condom boom
Birth rates tend to decline as the size of a country's middle-class grows and China is no exception according to recent figures. Despite the lifting of the one-child policy in 2015, the number of...
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28 May 2017
Sri Lanka - A Country Mired in Debt
One Belt, One Road, the development of the New Silk Road has included a great deal of Chinese investment in Sri Lanka. But is it sustainable, for both the Chinese and the Sri Lankans? The evidence...
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27 May 2017
UK achieves solar power record
Great news about the nature of the UK's electricity generating capacity on Friday - nearly one quarter of the electricity generated came from solar power, breaking the previous record.
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