Blog and updates
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15 Jan 2017
Global Economy 2016 in 12 Charts (and a video)
A terrific source of information curated here by the World Bank. Here are 12 charts that help tell the stories of the year.
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15 Jan 2017
Water deregulation - good news for customers?
Deregulation is on the way in the water sector, with the market seemingly moving towards an electricity-style market where consumer are no longer bound by geographic considerations.
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15 Jan 2017
Inward and Outward Thinking in 2017
Perhaps this will be the defining difference in 2017 and beyond - it will certainly accelerate changes in the global centre of gravity!
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15 Jan 2017
Thames Barrier - A Pure Public Good in Action!
Here is a terrific photo to use when teaching the non-excludable and non-rival aspects of flood protection from the Thames Barrier. The tidal surge down the east coast was a big threat last week.
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14 Jan 2017
Social Norms - A Crazy Junction!
This is a stunning video of the Meskel Square Intersection in Addis Ababa, capital city of Ethiopia, caught on camera without traffic lights. Concentration advised, one for experienced locals only...
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13 Jan 2017
In Praise of Thomas Schelling
Last year was a year of celebrity deaths. But perhaps the most significant of all received very little coverage. Just before Christmas, Thomas Schelling, Nobel Laureate in economics, died aged 95.
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13 Jan 2017
This week's Economics News quiz with special 'Penalty Shootout' version
Here's this week's (w/e 13 Jan 17) 6-question Economics news quiz with multi-choice answers. Along with the usual Powerpoint and paper-based version of the activity, this week we've included a...
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12 Jan 2017
Who cares more about inequality of income - the US or Norway?
Any student keeping abreast of economic news this week would see that inequality of income has cropped up quite often. President Obama said it was an issue for the US during his farewell speech,...
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12 Jan 2017
A Level Economics Key Term Glossary
We're delighted to announce that Geoff & Ruth's superb new A Level Economics Key Term Glossary is now available in printed form!
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11 Jan 2017
Australian Beef Farming and Economies of Scale
This clip looks at how Australian beef farmers have responded to rising demand from Asian consumers, led by Australian Agricultural who have made the most of their economies of scale and added new...
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11 Jan 2017
Is Robbie Williams price gouging on resale tickets?
The issue of ticket touting has been in the news recently. However, the story here is not the fact that these tickets have appeared on secondary ticket sites but that they've been placed there by...
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11 Jan 2017
Could a national maximum wage work?
On Tuesday's Today programme, Jeremy Corbyn suggested that introducing "maximum pay" would be an effective way of reducing inequality and tackling the issue of overly-high pay in the boardroom (see...
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11 Jan 2017
Inequality in the UK
Jeremy Corbyn announced in an interview on Tuesday that inequality in the UK has been getting worse. He is both right and wrong - because your take on inequality depends on which data you use.
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11 Jan 2017
US protectionism before Trump
This short FT video looks at the long sweep of history in the United States over the scale and scope of import tariffs. Import tariffs and a strong currency tend to cancel each other out. Will the...
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10 Jan 2017
Fixing Globalisation – Jim O’Neill in conversation with George Osborne
This is a 17 minute interview that might be used an enrichment for students evaluating the challenges to globalisation.
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9 Jan 2017
The End of China Inc?
This is a follow-up to the blog about Robert Peston's analysis of prospects for the Chinese economy. I think this report from Al Jazeerah is significantly better - not least because of some...
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9 Jan 2017
BBC This World - The Great Chinese Crash (2016)
My Year 13 economists are starting serious preparation for an essay on China in their final preU exam this June.
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9 Jan 2017
Countries that Export Printing Presses
This has to be a go-to example of first mover advantage and retaining competitive advantage!
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8 Jan 2017
eSports Earnings Rival Real Sports!
Like them or loathe them but the highest-grossing players in E-Sports are now earning big league prize money. This league table provides the evidence.
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7 Jan 2017
My Top 30 Books for Economics and Business Reading in 2017
Here is my updated listing of thirty books for superb enrichment reading over the next twelve months!
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