The regressive effects of austerity?
The fiscal austerity introduced by the Coalition government as part of their attempt to reduce the size of the structural budget deficit may have worsened the gap between rich and poor according to...
Payday lenders subject to an interest rate cap
Here is an example of competition policy in action and an intervention that is likely to shake up the controversial market for doorstep or 'payday' loans
All we are saying: give capitalism a chance
Is there a secret Leninist cell operating at a high level in the European Commission's headquarters in Brussels?
Clash of the Titans” economic forecasting competition
The Economic Research Council is about to launch their annual macroeconomic forecasting competition and they are keen for many more schools and colleges to get involved!
Is Ed Miliband secretly a Rational Economic Person?
Recently, we have seen a very effective piece of forward guidance. Ed Miliband’s statement that Labour would bring in a mansion tax on properties worth more than £2 million has had a dramatic impact.
World crude oil prices drop below $80 a barrel
For the first time in over four years, global crude oil prices have fallen below the $80 dollar per barrel benchmark.
Prospects for sustained growth in the ASEAN single market
McKinsey has produced a new report on prospects for economic growth and development in the ASEAN single market. One aspect is that the depth of intra-regional trade within the ten member group...
Foreign direct investment in Africa
Here is a link to a collaborative presentation put together by one of my Year 13 Economics groups on the issue of the impact of foreign direct investment in Africa. Click here:...
Behavioural economics playlist
The University of Sterling Behavioural Science Centre is curating an interesting play list of behavioural economics videos available on you tube. Click here to access:...
What’s the point of the G20?
Eliminating the deficit with tax rises
Sports Direct to open a new gym chain
Budget lower-cost gyms - has their time arrived? Is there a sufficient gap in the health club / fitness membership market for commercial returns for players such as Sports Direct?
Migrant Money is Key to Development
A newly published podcast from the World Bank focuses on the importance of remittance incomes for many poorer countries. The flow of remittance incomes from migrants living and working overseas in...
The importance of infrastructure for development
No country has developed without access to well-functioning infrastructure - according to a new report produced by the heads of multilateral development banks. This press release is well worth...