Blog and updates
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7 Apr 2017
Shopper happy to shun ultimatum offers
Bad news for pushy sales people: putting pressure on us to buy now or miss out doesn’t necessarily make us go for limited-time offers. That’s the result of experimental research by Robert Sugden,...
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7 Apr 2017
Will Economists have the laugh last over Brexit?
According to Sir Vince Cable, the answer is yes! This article comes from a strongly Remain perspective but is very readable from a politician with a long history as a professional economist in...
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6 Apr 2017
The Apprenticeship Levy
This is an important intervention in the UK labour market and students are advised to be aware of the new apprenticeship levy as a fiscal/supply-side measure.
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6 Apr 2017
Focus on the Ethiopian Economy
I said at the Grade Booster revision event in Birmingham last week that, in my opinion, Ethiopia is one of the most interesting economies on the planet to study from an A level Economics...
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6 Apr 2017
Can fracking lift the Welsh economy?
Leading Welsh politicians seem to be getting ideas above their station. Fifty years ago, Labour held all but four of the Parliamentary seats, and had over 60 per cent of the vote. Now, the...
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5 Apr 2017
Robert Shiller on Narrative Economics
The word post-truth is a new addition to the English language in 2016. In this new video, Professor Robert Shiller, Nobel-prize winner advocates narrative economics: economics that respect the...
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4 Apr 2017
Why does 'Junk bond status' matter for South Africa?
As the calls for South Africa's President to step down from office gain ever more ground, it is worth looking beyond the simple 'corrupt leadership' view of development, and considering the...
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4 Apr 2017
Amazon enters the business supplies market
Economies of scope and scale, contestable markets, monopsony power and the power of brand all come together with this news from Amazon.
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4 Apr 2017
SEZ and Hot Property in China
Really interesting China story here about the expansion of SEZs, and the impact that this has had on property prices in a part of Hebei province. It combines D&S, on the one hand, a broader...
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30 Mar 2017
Robots and artificial intelligence - where next for jobs and wages?
Robots and artificial intelligence (AI) seem to be in the news all the time. Breakthroughs are announced regularly. Last year, it was an AI programme which beat the world champion at Go, a game...
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27 Mar 2017
BT handed biggest ever fine from Ofcom
An industry regulator bares their teeth! BT has been handed a record fine of £42m by regulator Ofcom and has agreed to pay industry rivals up yo £300m after it admitted to breaching rules by...
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27 Mar 2017
BA launches Level to take on Norwegian Airlines
This is an interesting article looking at whether the low-cost model can be applied to long-haul travel. Norwegian Airlines have had success in flying to the US, such that IAG who own British...
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27 Mar 2017
Safe Clean Water Remains a Development Barrier in Africa
The World Bank clip looks at how recent demographic change in Africa hasn't been matched by utility companies who've been unable to respond to increased urbanisation by investing in infrastructure....
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26 Mar 2017
Creative Destruction - What Could Threaten Amazon?
The Economist looks in this short video at the expectations of Amazon shareholders and the extent to which it has already met them and the future regulatory challenges that may remain. It really is...
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26 Mar 2017
Zimbabwe's cash-strapped farmers
The BBC's Shingai Nyoka reports from Harare where Zimbabwean farmers are struggling to make ends meet. Tobacco is the country's second largest export, after gold, however, prices have declined to...
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25 Mar 2017
Regressive effects of high-cost credit
If you are looking for extra contextual examples of financial market failure then this BBC article will provide grist to the mill.
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24 Mar 2017
Inequality: are we measuring the right things?
Here is a really thought-provoking blog post from Jonathan Athow at the Office for National Statistics that looks at how we measure inequality and whether we look at the right things or not. There...
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24 Mar 2017
Longer-Term Implications of Brexit
Ahead of the pressing of Article 50, in this lecture, Jonathan Portes, professor at King's College London and one of the most widely cited experts on Brexit and migration issues in British public...
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22 Mar 2017
CPI and CPIH Measures of Inflation
This article from BBC news provides a handy summary of the differences between CPI and CPIH as a measure of price inflation in the UK.
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22 Mar 2017
The Balance of Recovery
President Trump’s administration has made many criticisms of Germany. One of the more important was by his top trade advisor, Peter Nabarro. He accused the Germans of using a “grossly undervalued”...
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