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The AI Revolution and the UK Job Market: Displacement or Transformation?
Artificial Intelligence (AI) is on the verge of changing how we live, work, and interact, especially in the labour market. Tony Blair’s Institute for Global Change has shed light on the expected...
Carbon Giants: How Billionaire Emissions Fuel the Climate Crisis
As global temperatures creep ever closer to dangerous thresholds, a surprising and alarming culprit has come to light in the climate crisis: the ultra-wealthy. According to a recent report by...
Generative AI and Derived Demand
The demand for power to support generative AI is an excellent example of derived demand in economics. Derived demand occurs when the demand for a good or service arises not from its direct use but...
Building a New Future: Can Labour’s Housing Plans Solve the Crisis?
This BBC InDepth article gives an excellent overview of the various factors that feed into the UK housing market and make the achievement of housing targets so difficult. As ever, it's a mixture of...
Chipmaker’s Dilemma: How Protectionism Backfired on the US Workforce
The semiconductor industry is at the heart of modern technology, powering everything from smartphones to electric vehicles. The US has made it a priority to boost domestic semiconductor...
The Hidden Cost of the Cloud: Data Centers, AI, and Mexico’s Water Crisis
The Guardian reports here on fears that the rapid expansion of data centers in Mexico - whilst contributing to their economic growth and creating new jobs - might have severe environmental...
Black Wednesday: A Turning Point in British Economic History
A bit of economic history for you here from William Keegan, who looks back to Black Wednesday, which occurred 32 years ago today. It covers the decision to join and subsequently leave the Exchange...
The Future of Aviation: Sustainable Fuels on the Horizon
This article highlights one of the major problems with environmentally-friendly solutions to existing problems. In this case, the BBC look at whether sustainable aviation fuels are likely to...
From Farm to Fashion: Benin's Path to Industrialisation
David Pilling has produced a truly superb case study for students of development economics - writing here in the Financial Times. A plain cotton T-shirt may seem like an ordinary item, but in...
Debt Relief: A Pathway to Global Development and Social Justice
Larry Elliott writing here yesterday has raised once again the potential benefits that might flow from a more extensive system of external debt relief for many of the world's poorest countries.
The debate over wealth inequality has taken centre stage as campaigners from the Tax Justice Network argue that a global wealth tax on the super-rich could generate an astonishing $2 trillion...
A Closer Look at the UK Economy's Fragile Foundations
Writing in the Guardian, Larry Elliott argues that, whilst the United Kingdom recently celebrated its status as the fastest-growing economy among the G7 nations, with a respectable GDP growth rate...
Can Labour's Modern Supply-Side Economics Revive Britain's Economy?
Here is a pitch perfect article for returning students as a new school year arrives. The UK is at an economic crossroads, with a new Labour government grappling with how to kickstart a sluggish...
Unlocking the Greenbelt: A New Era for Affordable Housing?
The housing crisis in the UK has been a simmering issue for years, but now it appears the new Labour government is taking a bold step toward addressing it. Their plan? To unlock the potential of...
Economics of Obesity: Can Food Taxes Create a Healthier Society?
As the obesity crisis in Britain intensifies, so too does the debate around how to tackle it. With obesity costing the UK an estimated £98 billion annually and placing a significant burden on the...
Australia’s vast natural resources have long positioned it as a global mining giant, but could the nation’s future prosperity lie in something far less tangible? Green hydrogen—hailed as the fuel...
The recent surge in UK prices has sparked significant debate over the justification for these increases, particularly in the context of large corporations wielding power to influence markets and...
Fast Food Frenzy: How Meal Deals are Changing the Game
Fast food giants are currently engaged in an aggressive battle to win over customers through enticing meal deals. The resurgence of these promotions is driven by several economic factors, including...
The Renaissance of English Wine: An Economic Perspective
Several news articles including this one from City AM have reflected recently that the English wine industry is experiencing an unexpected renaissance, with revenues soaring by 15% last year. This...
Riding the Renewable Wave: The Economics of Solar and Wind Power
The greatest barrier to the global energy transition is cost. Despite international consensus on the need to reduce carbon emissions, fossil fuels like oil, coal, and gas continue to dominate,...
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