The magic washing machine strikes again!
Hans Rosling's TED talk on the role of the washing machine in promoting economic development is a classic but an experiment in a number of American high schools has shown that the humble washing...
The collapse in living standards in Greece
This article gives a fascinating insight into the current state of the Greek economy, something that has rather disappeared from view this year.
Wheying up the cost of an import tariff
The Trade Analysis twitter feed is an excellent source of contextual background on trade and investment news in the world economy and I recommend it to students and teachers. They recently posted a...
Brexit - Should the UK Government abandon austerity?
Following the Brexit vote, normal service seems to have been resumed. A key question in economic policy since the General Election of 2010 has moved centre stage again. Should the government...
Should the UK railways be re-nationalised?
This short video from Chris Cook of BBC Newsnight looks at some of the arguments for and against taking train operating services back into state ownership.
EU levels of youth unemployment in some UK areas
An Ernst & Young report details the highly regional nature of unemployment: a quarter of young people in Bradford, Middlesbrough, Swansea and Wolverhampton are unemployed, an almost-European...
The Paradox of Value
TED-Ed looks at a key economic principle: the paradox of value. It's typically clear - and highlights the difference between marginal utility and the law of diminishing marginal utility. It was...
TTI-P in Deep Trouble?
It seems that the Transatlantic Trade and Investment Partnership (TTIP) is struggling to be concluded with Francois Hollande and others, notably the German economy minister, Sigmar Gabriel,...
Apple faces an £11n corporation tax bill from the EU
The European Commission have gone for a big fish in their first attempt to tackle corporate tax evasion. So, Apple, and the Irish government, are in the firing line for their tax arrangements with...
TTIP talks close to collapse?
Students who are about to start their second year of Economics A Levels should gear themselves up for looking at a much more global viewpoint on macro economics and trade. Brexit may have thrown a...
We are pleased to announce a comprehensive collection of Teacher Topic PowerPoints to support colleagues delivering IB Economics.
Resource curse: How being located near mines hurts manufacturers
Producers of tradable goods close to areas of mining activity have lower sales because of infrastructure bottlenecks and competition for workers, but the revenue that mines generate improves the...
The Green Revolution and Long Term Economic Growth
The spread of high-yielding crop varieties developed through conventional plant breeding may have led, directly or indirectly, to four-fifths of all economic growth achieved in the developing world...
New evidence on financial cycles
Financial cycles are long – on average twice the length of business cycles. At the same time, there is substantial heterogeneity of national cycles across G-7 countries, ranging from very similar...
During the 1980s, US wage inequality increased sharply while college education expanded strikingly. Are these two historical episodes unrelated? A new study by Theodore Koutmeridis, presented at...
How donations to charity can increase business profits
Firms can earn significantly higher profits when they tie sales of their products with a donation of 5% of their gross revenues to charity. That is the central finding of experimental research by...
Roughly a quarter of the difference between Germany and Spain’s employment rates is the result of different preferences for working in the two countries. That is the central finding of research by...
New evidence on labour market hysteresis
The longer you're unemployed, the less likely you are to find a job.
How the Reconquista still shapes Spain’s economy
The Christian kingdoms’ reconquest of Spain between the eight and fifteenth centuries set in motion processes that generated persistent inequality, which remains evident in big income differences...
Brexit: Could Liechtenstein be a model for the UK?
Liechtenstein is in the European Economic Area. It also has restrictions on the free movement of people. Could it be a model for the UK’s Brexit? This short report comes from BBC Newsnight.