Russia consider vodka price caps
Price vodka too high and you risk high prices the consumption of illegal and possibly unsafe alcohol. Price it too low and your encourage excessive consumption in a country already beset with...
Meet the largest vessel the world has ever seen
The dimensions are staggering and the economics behind the building of the world's largest ship yet constructed is also really interesting.
Buyer Beware - Alibaba and the Curse of Fakes
Fake and suspicious products are an inevitable fact of life on online auction sites and with e-commerce more generally. eBaY spends millions each year to finance a buyer-protection plan.
Uber and Surge Pricing
Uber is a business that has enjoyed rapid growth because of the huge success of its app. It now operates in more than 250 cities across 50 countries although some cities and governments have taken...
Global Business - 2014 in Review
This article from BBC World Business is a superb overview on some of the key issues facing the European / Global economy during 2014. The interview with Martin Wolf is especially prescient as the...
Richard Koo - Japan and the Balance Sheet Recession
Philip Coggan from the Economist reviews a new book by Richard Koo, Chief Economist at Nomura Securities.
The other debt and the other deficit
This is a timely and excellent article from Duncan Weldon (BBC Newsnight) for student macroeconomists on two deficits that seem to get far less media attention than the government's fiscal deficit.
Public goods and economic development
The brilliant Harvard economist Ricardo Hausmann makes the case in this Project Syndicate article for public goods being a key driver of productivity and competitiveness in developed and developing...
Is George Osborne a closest Keynesian?
A famous quote from Keynes makes it into this piece: "The boom, not the slump, is the time for austerity at the Treasury."In the wake of the December 2014 Autumn Statement and projections for...
Obesity - A Global Economic Issue
This article from VoxEU is excellent background reading on the economic and social costs of obesity. The figures are startling and hugely significant both for developed and developing countries.
Argentina - a century of secular stagnation
Here is an example of secular stagnation on a very long run scale. Argentina is the only country in the world that was 'developed' in 1900 and 'developing' in 2000.
Economic pain continues despite the recovery
Economic wellbeing is not simply the product of the published GDP figures telling us just where we are in the business cycle. There are many more aspects to wellbeing than this and the UK Office...
Competition and Markets Authority to investigate pie merger
The CMA Competition and Markets Authority (CMA) is launching an investigation into Pork Farms' acquisition of the chilled savoury pastries division of Kerry Foods, both of which supply supermarkets...
Sustaining economic growth in Africa
This article introduces students to the concept of adjusted net saving as a relevant indicator of the sustainability of growth for developing countries. Can Africa's strong recent growth...
Changes in the Californian egg market.
#ukedchat Twitter chat 8pm Thursday 18th December
Market Structures in Transport
An excellent video made for the Economics classroom applying the theory of market structures to the world of transport in Singapore.
Renting in Modern Britain
There are nine million private renters in the UK and the numbers are rising. So what happens to housing rent levels makes a big difference both to discretionary disposable income and the...
Standard of living in the European Union
This info graphic from the Office of National Statistics provides an overview of the measured standard of living across the twenty-eight member nations of the European Union. The UK is ranked 4th...