On the surface this is a classic example of anti-competitive behaviour in a duopolistic market.
I Daniel Blake
Ken Roach's immensely moving and powerful film I Daniel Blake provides a rich source of clips for the classroom. I for one will be drawing on it when discussing how we measure unemployment and the...
Old Think
Dame Minouche Shafik, Deputy Governor of the Bank of England, is leaving to become Director of the London School of Economics. Last weekend, she gave her final interview wearing her Bank hat
India and China - Two Growth Stories
The FT's Martin Wolf offers a short comparison of the growth stories of China and India, highlighting the differences, the misconceptions,the challenges that face the world's most populous...
Information Economics and Car Service Costs
This is really interesting, and I say that not as an economist - it just is. There's currently a debate about who gets access to all the data generated by new cars. "So what?", you say.
Wages Soar as China reaches the Lewis Turning Point
Some contextual data here on rapid wage growth in China.
A Map of our Economy
ECNMY is a fresh-faced organisation that is working with a number of partners to increase economic literacy and help make the subject accessible to the non-technical audience.
Can't Pay Won't Pay - Greeks Bridle Against Austerity
The BBC's Kevin Connolly looks at how ordinary Greeks have been affected by austerity and how one group, the I Won't Pay movement have been fighting to protect ordinary people.
The Bloomberg Billy Bookcase A Rival to the Big Mac Index!
Here's a super article from Tim Harford on the Ikea Billy Bookcase that you can use for a spot of synoptic analysis - packed full of great ideas to illustrate purchasing power parity (a rival to...
The Best and Worst of City Cycle Schemes
This article looks at the varied results associated with city bicycle sharing schemes, highlighting the fact that many have failed and the different cost structures of each scheme.
Bananas and Strawberries - Demand and Supply in Action
Two tidy demand and supply stories here - one on rising sales of Fair-trade bananas and the second on the early appearance of the UK strawberry crop.
Importance of Remittances for Lesotho
A great macro article and video from the BBC on Lesotho.
Where might the next economic crisis come from?
After MPC member Gertan Vlieghe had the temerity to suggest that the Bank of England might still struggle to see the source of the next financial crisis, Phillip Inman has stepped in to help. He...
Kenya's Railway Corridor and Improving Livelihoods
I love developmental stories like this, which highlights the way in which the development of infrastructure can be associated with improved living standards in all sorts of ways. In this World Bank...
Economics News Quiz - w/e 24 Feb 2017
Here's this week's economics news quiz in not one, but three different formats!
Reforming Economics Education at University
Martin Sandhu reviews some new books on reforming economics education in the universities. So much depends on how economics is taught both in schools, colleges and on university campuses. I am...
Government Failure - Wood Energy Schemes and Climate Change
An interesting BBC article here that suggests that some ostensibly environmentally-friendly advice has turned out to be exactly the opposite. In this instance, the suggestion that the use of wood...
2017 Economic Growth Commission Report is Launched
The 2017 LSE (London School of Economics) Growth Commission sets out a new blueprint for inclusive and sustainable growth in the UK that deals with the challenges facing the UK, old and new.
Problems with Randomised Controlled Trials
Students of overseas aid and behavioural interventions may have come across the idea of randomised controlled trials (RCTs). In this video, Nobel-winner Professor Angus Deaton discusses the...
RIP Kenneth Arrow
A true giant in the world of economics has passed away. Generations of economists have developed their craft drawing on many of the insights and ideas that Kenneth Arrow helped formulate and led to...