Blog and updates
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16 Feb 2015
Invisible hands working together
Juan Camilo Cárdenas of Universidad de los Andes describes his innovative use of experimental economics in real-life situations and how it helps us understand why people co-operate despite the...
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16 Feb 2015
Working more or less - technology and the work-life balance
In this short video, Juliet Schor of Boston College discusses the paradox that, despite gains in technology, many people aren't working less - instead they are working more. What does this mean for...
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16 Feb 2015
Why some countries grew rich
In this short video, Sureash Naidu of Columbia University shows how three interconnected forces have led some countries to grow rich and enjoy a standard of living today that would have been...
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16 Feb 2015
Swedish central bank uses negative interest rates to avoid deflation
The world's oldest central bank (the Swedish Riksbank) has chosen to move their policy interest rate into negative territory as part of a plan to avoid the Swedish economy falling into persistent...
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16 Feb 2015
Indian economic growth starts to outpace China
I was interested to read a few days ago that new data on real GDP has the Indian economy outpacing China for the first time in a long while.
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13 Feb 2015
Bank Funding - A Video to Explain Bank Funding Costs
In recent years the low level of bank funding for businesses can come under enormous scrutiny.
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13 Feb 2015
Tesla invests in battery banks
We store data in the cloud, might consumers and businesses soon be storing power in huge battery banks designed to smooth out the energy supplies from renewable sources such as wind and solar power?
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13 Feb 2015
Nudging Public Policy: Behavioural Economics and Beyond with Dr David Halpern
Video of a talk on behavioural economics and public policy given by Dr David Halpern at the Marshall Society, University of Cambridge
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12 Feb 2015
External costs and the airports debate
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12 Feb 2015
UCAS Guide to Economics Courses & Offers 2015
The latest (2015) edition of my free, comprehensive guide to applying for Economics at University is now available to download here
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11 Feb 2015
Wind Turbines - Government Subsidies have Unintended Effects
There was a short item on the Channel 4 news last night that I thought was a good example of what we teach as an 'unintended affect' of Government policy which leads to failure. The example given...
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11 Feb 2015
Shouting at the supermarkets: is there a better way?
EVERY year, the supermarkets hire substantial batches of high-flying graduates to work in their buying departments. The urban mythology is that these expensively-educated young people are paid to...
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10 Feb 2015
Europe: No Country For Young People
Vox have published a splendid e-book "Europe: No Country for Young People" looking at the diverse experiences of youth unemployment in Europe in the recent past. It highlights the diverse...
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9 Feb 2015
The Renegade Economist - Is another Crash Coming
This four minute video from The Guardian is punchy and guaranteed to generate discussion - you may not agree with the sentiments but have a look and then take issue.
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9 Feb 2015
SMMA Economics Question Time: The Future of the British Economy
I am delighted to post details of a free student event on the British economy being organised by the economics team at St Mary Magdalene Academy in London.
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8 Feb 2015
Tim Harford on Thomas Schelling and War Games
Tim Harford tells the story of Thomas Schelling, an economist who helped America and the Soviet Union to avoid nuclear war.
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8 Feb 2015
Reasons to be cheerful - Jim O'Neill on the Global Economy
Jim O'Neill was formerly Chief Economist at Goldman Sachs and is now Honorary Professor of Economics at Manchester University, a visiting research fellow at the economic think tank Bruegel, and a...
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8 Feb 2015
Poundland agrees a takeover of 99p Stores
Two of the UK's fastest growing deep discount retailers, Poundland and 99p Stores have agreed to become one although the deal is subject to confirmation from the Competition Authorities.
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7 Feb 2015
Martin Wolf on why trade imbalances matter
Why do huge external imbalances herald disaster? Martin Wolf, the FT's chief economics commentator, explains what happens when some countries spend much less than their incomes and so run big...
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7 Feb 2015
Australia lags in Commitment to Development Index
The Commitment to Development Index ranks 27 of the world's richest countries on their policies that affect more than five billion people living in poorer nations
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