Could well be according to this BBC clip
http://www.bbc.co.uk/news/business-32020491
Saturday, March 28, 2015
CPI inflation at zero: Good or bad?
The evaluation from economicshelp
http://www.economicshelp.org/blog/13272/inflation/is-zero-inflation-a-good-thing/
and evaluation from Ch4
http://www.channel4.com/news/inflation-deflation-bank-of-england-spending-good-news
and Robert Peston at the BBC
http://www.bbc.co.uk/news/business-32042590
and a report from Sky on the cause
http://news.sky.com/story/1451456/inflation-hits-0-percent-as-food-costs-fall-further
http://www.economicshelp.org/blog/13272/inflation/is-zero-inflation-a-good-thing/
and evaluation from Ch4
http://www.channel4.com/news/inflation-deflation-bank-of-england-spending-good-news
and Robert Peston at the BBC
http://www.bbc.co.uk/news/business-32042590
and a report from Sky on the cause
http://news.sky.com/story/1451456/inflation-hits-0-percent-as-food-costs-fall-further
Saturday, March 21, 2015
Supply and demand; the price of a marathon
Nice article from the Guardian
http://www.theguardian.com/lifeandstyle/datablog/2015/mar/17/running-costs-what-are-the-worlds-most-expensive-marathons
an you explain the difference in entry fee using S&D analysis?
http://www.theguardian.com/lifeandstyle/datablog/2015/mar/17/running-costs-what-are-the-worlds-most-expensive-marathons
an you explain the difference in entry fee using S&D analysis?
The gini coefficient
Thanks to tutor2u for this post including a link to the bBC and latest data
http://beta.tutor2u.net/economics/blog/what-is-the-gini-coefficient
http://beta.tutor2u.net/economics/blog/what-is-the-gini-coefficient
Wednesday, March 18, 2015
The basket of goods; 2015 changes
Thanks to the BBC for the update
http://www.bbc.co.uk/news/business-31924148 video
http://www.bbc.co.uk/news/business-31920550 article
and the Guardian
http://www.theguardian.com/business/2015/mar/17/from-craft-beer-to-e-cigarettes-inflation-basket-reflects-britains-changing-shopping-habits
and Sky
http://news.sky.com/story/1446648/e-cigarettes-added-to-inflation-shopping-basket
http://www.bbc.co.uk/news/business-31924148 video
http://www.bbc.co.uk/news/business-31920550 article
and the Guardian
http://www.theguardian.com/business/2015/mar/17/from-craft-beer-to-e-cigarettes-inflation-basket-reflects-britains-changing-shopping-habits
and Sky
http://news.sky.com/story/1446648/e-cigarettes-added-to-inflation-shopping-basket
Sunday, March 08, 2015
Fines to back up legislation used to reduce market failure: The Finland method
It's often argued the fine has to be relevant to the income of the offender. That's the method in Finland and can result in some mighty big fines, reports the BBC
http://www.theguardian.com/news/datablog/2015/mar/04/finland-speeding-progressive-punishment-motorist-fine
http://www.theguardian.com/news/datablog/2015/mar/04/finland-speeding-progressive-punishment-motorist-fine
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