Blog and updates
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22 May 2015
Joseph Stiglitz on The Great Divide
This is a video of a talk given in May 2015 by Professor Joseph Stiglitz.
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21 May 2015
Britain's Tourism Trade Deficit Widens
Tourism is becoming an increasingly big contributor to the trade deficit in goods and services according to new data from the Office for National Statistics. UK residents made 11.5 million visits...
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21 May 2015
Development Economics - Mind, Matter and Behaviour
The World Bank has become increasingly interested in behavioural economics as part of their evolving policy agenda for development strategies. Varun Gauri is senior economist at the World Bank and...
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21 May 2015
Rising non-standard workers and growing inequality
A new research report from the OECD has found a signifiant rise in the proportion of people in non-standard jobs, namely temporary and part-time work that offers less in pay, training and job...
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21 May 2015
The Network Effect Could Sink Labour
Can the Labour Party disappear? The Party has been a prominent feature of British politics for a century. But could it now just vanish quickly? There is a clear historical precedent. In 1906, the...
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20 May 2015
Year 12 Economics in the Citi Day - 1 July 2015
Here is another great enrichment opportunity for Y12 Economists heading into Y13, especially those looking to take the subject to university or considering a career in finance. I
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19 May 2015
Sustainable Development - Climate-Proof Roads
This video from the Asian Development Bank looks at investment in climate-proof roads for Cambodia's Western Region. Consider the importance of this type of investment in sustaining development for...
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19 May 2015
Diaspora Bonds and Remittances for Development
Diaspora bonds are issued by a national government and sold to people born in that country who now live and work overseas. The largest issuer of diaspora bonds is Israel which has been doing so...
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19 May 2015
Sustainable Development - Climate Resistance in Cities
The countries and regions most prone to shocks brought about by rising temperatures and extreme weather events need to build more resilience in order for sustainable development to be achieved....
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19 May 2015
CPI inflation in the UK turns negative
For the first time since 1960, the annual rate of inflation as measured by the year-on-year change in the consumer price index has turned negative.
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19 May 2015
Falling oil prices and the energy industry
According to the Financial Times, the collapsing price of oil in world markets is causing many projects to be cancelled or delayed. Perhaps more than $100bn dollars worth of projects have already...
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19 May 2015
Reviving Turkey's Economy
After achieving growth rates of near-Chinese proportions in recent years, real GDP growth in the key bell-weather country of Turkey has slowed markedly and the country faces important decisions on...
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18 May 2015
Inequality - What To Do About It?
Inequality has been on the rise since the 1970s - Tony Atkinson and Sabine Alkire ask what can be done about it?
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17 May 2015
Key Indicators for the UK Economy
In response to many requests, I have put together this table on a single side of A4 that provides a summary of the key economic data for the UK - most of which is from 2014. Hopefully this might be...
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16 May 2015
AS Macro - The Final Countdown
The AS macro paper is on Tuesday 19th May. Here are some of my tweets offering some advice to students on helping to avoid pitfalls raised by the subject examiners in their recent reports
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16 May 2015
Labour immigration and interest rates
To wha extent has the higher than expected level of net inward migration of labour into the UK economy been a factor keeping policy interest rates at their current level of 0.5%?
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16 May 2015
What is econometrics?
Koen Jochmans of Sciences Po speaks to Mark Thoma about his research and winning the Sargan Prize for outstanding research in the Econometric Journal. This interview was conducted at the Royal...
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16 May 2015
Buying, selling and efficiency - price discrimination in action!
Efficiency matters! It can make the economy better off. Understanding efficiency in manufacturing and retail markets can help guide policy, according to prize-winning research by Daniel Muller and...
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16 May 2015
Why you shouldn't copy your classmates!
Students beware: if you rely too much on your classmates, you all suffer. That is the central message of a new five-minute film about prizewinning research, which looks at the behaviour of...
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15 May 2015
Telecoms Contestability - OFCOM acts
According to this report from the Telegraph, British Telecom will be forced by the industry regulator OFCOM to open up their high speed network with the aim of making the market for super fast...
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