Timpson's Upside School of Management Model!
A brilliant and a must read for students of business economics. I love the upside down theory of management - put customers first and management at the bottom.
China should avoid an economic meltdown
Anatole Kaletsky with a more optimistic view of the way forward for China - arguing that the government seems to have regained a grip of the economy.
Angus Deaton - The Skeptical Optimist
This is one of those articles that I would like all of my student economists to read! John Cassidy always writes beautifully and a search through his archive will also unearth some more gems.
A Critique of the World Bank
Risk averse, massively over-staffed, uber-sensitive to criticism of their flagship projects and with multi-million dollar expense accounts in stark contrast to their original mission - this article...
Tanzania - New Mega Port under Construction
Investment in infrastructure to support increasing intra-regional as well as global trade flows is crucial to sustaining development in emerging countries in sub Saharan Africa.
Dynamic efficiency - oil cartridges for vehicles
Dynamic efficiency at work here in the motor industry. Castrol are developing a cartridge system for changing the oil - a slick example to add to your contextual knowledge! Just as long as they...
Evidence on persistent poverty in the UK
Contextual data on the scale and depth of poverty in the UK is important when evaluating questions on how best to measure changes in the standard of living.
Ford's high-tech factory and ostrich feathers
This excellent piece from the BBC news channel looks at the efficiency gains being accumulated in Ford's new 'mega factory' in Valencia. It highlights the marginal gains that Ford have been able to...
Cities with Highest and Lowest Taxi Fares
This infographic from the people at Statista would make for a terrific stimulus to classroom discussion. A taxi journey is a fairly homogenous service from city to city across the world, but the...
Creative Destruction - Uber App Declared Lawful
By no means, game set and match but a victory for 'creative destruction' and innovators everywhere as Uber's app is declared lawful in the High Court. Expect legal challenges aplenty, but it would...
Monopoly and Welfare: Over-pricing for school uniforms
Proof that the Competition and Markets Authority looks at all sorts of markets: in this case, it's the market for school uniform that has come under scrutiny and the regulators have written to...
China's Economy and the Global Steel Industry
China is now exporting more than 100 million tonnes of steel per year at prices which are below the cost of production. This is according to a report on Sky Business news and it raises an important...
Green Growth Indicators
This new dataset from the OECD is an indicator to use when teaching the consequences of economic growth and the policies that might be most effective in de-coupling the impact of growth on the...
Interconnected Markets - Cheap Copper
This FT clip looks at how elementary changes in demand in this instance have implications for all sorts of interconnected markets - in this case, the 6 year low in copper prices has implications...
Taking Europe's Pulse
This week's Economist digital edition has an insightful interactive graphic which allows you to "take Europe's pulse", and compare, at a glance, some key macroeconomic indicators including youth...
In the long run has globalisation made everyone better off?
Ed Huang considers this question in a superb A2 macroeconomics essay.
The Eurozone: a tale of two halves
Olivier Blanchard, the recently retired Head of Economics at the International Monetary Fund, has something of a track record with his predictions. In 2013, he warned George Osborne that he was...
A Lession resource: Using bicycles to promote economic development
The second lesson resource this week focuses on the role that ownership, or at least shared ownership, of bicycles can play in causing rising economic growth and development in LDCs. There is...
Beyond the Bike - lesson resource on development in landlocked countries
Earlier this week, Stuart and Claire travelled down the coastline of Tanzania by ferry. Transport and logistics are much easier when countries have a coastline - but what is the impact on countries...
Capital-labour substitution at Ford
The Ford Motor Company has recently spent £1.7bn on upgrading its largest European plant in Valencia, Spain with the latest robotics and hi-tech engineering.