Blog and updates
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24 Feb 2016
Corporation Tax Cuts and the UK Current Account Deficit
In this new blog, Ed Conway from Sky digs deeper into the latest IMF working report on the UK economy to focus on the fact that in 2014, the UK economy ran the highest current account deficit of...
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24 Feb 2016
Electric Cars and the S Curve - What Impact on Global Demand for Oil?
A thought-provoking animated video here from Bloomberg News. There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. But what if...
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24 Feb 2016
Aston Martin to Build Cars in South Wales
Good news announced here for an area of the country more readily associated with declining economic fortunes:
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24 Feb 2016
How the sausage illustrates the issues surrounding UK's membership of the EU
Here's a short but interesting video from the BBC illustrating how the issues surrounding the humble sausage demonstrate some of the concerns that arise from the UK's EU membership. The clip says...
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24 Feb 2016
Economic Crisis in Venezuela
The Venezuelan economy has the highest rate of inflation in the world and is in the midst of a severe economic and social crisis. This Storify curates resources for students wanting to understand...
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24 Feb 2016
Reducing poverty - the importance of aspirations
Living in poverty curtails a poor person’s capacity to aspire, according to research by Patricio Dalton, Sayantan Ghosal and Anandi Mani, published in the February 2016 issue of the Economic Journal.
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24 Feb 2016
Is fiscal austerity a drag on growth?
Keynes was right after all when he said: ‘The boom, not the slump, is the right time for austerity at the Treasury.’ That is the conclusion of research by Professors Òscar Jordà and Alan Taylor,...
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24 Feb 2016
The Bots Are Taking Over!
A case of market failure, disruptive technologies, Bot Wars, profit gouging and the New York attorney general. Following a 3-year investigation, the New York attorney general, Eric Schneiderman,...
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23 Feb 2016
Sterling drops on Brexit uncertainty
Katie Martin from the Financial Times here looks at the 'Boris effect' - which saw a 2% drop in the value of the pound, the largest drop since 2009 and markets are worried about the UK dropping out...
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23 Feb 2016
Highest and Lowest Paid Cities in the UK
Here is a small slice of evidence highlighting the regional divide in standards of living in the UK. It will not come as a surprise that northern cities figure prominently in those with the lowest...
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23 Feb 2016
The Puzzle of Growth - Rich and Poor Countries
Here is a link to a new video from the team at Marginal Revolution exploring some the factors that help explain why some countries remain relatively poor whilst others are successful in the...
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23 Feb 2016
Profits Explained by the Financial Times
Jonathan Guthrie from the Financial Times explains how companies calculate their profit, what investors should be wary of and the different measures used to gauge how a business is really performing.
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22 Feb 2016
Economics Student EU Referendum Survival Guide
Ed Conway is on top form here outlining his survival guide for getting through the hype, cut and thrust of the EU Referendum campaign.
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22 Feb 2016
IEA predicts that global oil prices will recover
Another oil article, but a rarity: one that predicts that prices are on the point of rising. This is because the International Energy Agency is of the view that at some point in the next five years...
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22 Feb 2016
Innovation Clusters as Drivers of Innovation
This short video from the Economist is a tremendous resource to use when covering innovation clusters and agglomeration economies. There are now hundreds of innovation clusters around the world.
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21 Feb 2016
The Independent Goes Digital Only
I remember well reading the first ever copy of the Independent when it arrived in newsagents in October 1986 and - whilst rarely buying my own copy in recent times - I have continued to enjoy the...
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19 Feb 2016
Impact of competition in the mobile phone market
Why are regulators in Britain and Europe opposed to a proposed £10.5-billion merger between the UK’s second-largest operator, O2, and the fourth-largest, Three?
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19 Feb 2016
Alternative Finance and Information Gaps for Investors
Peer to Peer lending and Crowd Funding has grown rapidly in recent years. It is playing an increasingly important part in raising money for start up companies such as the craft beer maker Brewdog....
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18 Feb 2016
Ticket prices, fairness and behavioural economics
Who wants to watch the Scousers play football? Certainly no Mancunian, and probably no self-respecting Londoner. Yet demand for tickets at Anfield, the home of Liverpool FC, is high. Indeed, there...
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18 Feb 2016
Monopsony Power: Asda asks Suppliers for Discounts
The extent to which the discounters have altered the nature of grocery retailing is self-evident in this Guardian article that looks at Asda's latest moves in the sector. Asda, currently the worst...
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