...as reported by the BBC
https://news.sky.com/story/frankie-bennys-owner-to-buy-wagamama-in-559m-deal-11539735
Tuesday, October 30, 2018
Friday, October 26, 2018
Sunday, October 21, 2018
Real wages
Great graph to illustrate this idea in this BBC article
https://www.bbc.co.uk/news/business-45875599
https://www.bbc.co.uk/news/business-45875599
Thursday, October 04, 2018
Tuesday, October 02, 2018
Sunday, September 30, 2018
Economies of scale
Thanks to econfix for this revision mindmap
http://blog.elearneconomics.com/a2-revision-economies-of-scale-mind-map/
http://blog.elearneconomics.com/a2-revision-economies-of-scale-mind-map/
Saturday, September 22, 2018
Thursday, September 20, 2018
Sunday, August 26, 2018
Tuesday, August 21, 2018
Saturday, August 18, 2018
Hyperinflation: Venezuela predicted to hit 1 million percent
Thanks for this post from econfix and the CNN video
http://blog.elearneconomics.com/venezuela-cant-print-money-quick-enough/
and these BBC pictures
https://www.bbc.co.uk/news/world-latin-america-45246409
http://blog.elearneconomics.com/venezuela-cant-print-money-quick-enough/
and these BBC pictures
https://www.bbc.co.uk/news/world-latin-america-45246409
Thursday, August 16, 2018
UK national debt
Thanks to economicshelp for this data
https://www.economicshelp.org/blog/334/uk-economy/uk-national-debt/
https://www.economicshelp.org/blog/334/uk-economy/uk-national-debt/
Monday, August 13, 2018
Sunday, July 22, 2018
Wednesday, July 11, 2018
Saturday, July 07, 2018
Cash and kind: How governments shift income from rich to poor
Great article from the Sydney Morning Herald
https://www.smh.com.au/business/the-economy/cash-and-kind-how-governments-shift-income-from-rich-to-poor-20180706-p4zpui.html
https://www.smh.com.au/business/the-economy/cash-and-kind-how-governments-shift-income-from-rich-to-poor-20180706-p4zpui.html
Labels:
Income inequality,
Income redistribution,
Inequality
Wednesday, June 27, 2018
Monday, June 25, 2018
Friday, June 22, 2018
....and so we drift in to a trade war
Thanks to Sky
https://news.sky.com/story/european-union-retaliatory-tariffs-come-into-force-11412857
and
https://www.channel4.com/news/us-china-trade-war-begins
and
https://news.sky.com/story/donald-trump-threatens-20-tariff-on-all-eu-cars-11413444
Canada's response
https://www.youtube.com/watch?v=ORaQ8IrWpZo
and EU retaliation
https://www.bbc.co.uk/news/business-44707253
...and Harley move production offshore
https://www.channel4.com/news/trump-angered-by-harley-davidsons-decision-to-move-some-production-out-of-us
and this 30 min programme from Aljazeera
https://www.youtube.com/watch?v=TWDyej7wcGQ
https://news.sky.com/story/european-union-retaliatory-tariffs-come-into-force-11412857
and
https://www.channel4.com/news/us-china-trade-war-begins
and
https://news.sky.com/story/donald-trump-threatens-20-tariff-on-all-eu-cars-11413444
Canada's response
https://www.youtube.com/watch?v=ORaQ8IrWpZo
and EU retaliation
https://www.bbc.co.uk/news/business-44707253
...and Harley move production offshore
https://www.channel4.com/news/trump-angered-by-harley-davidsons-decision-to-move-some-production-out-of-us
and this 30 min programme from Aljazeera
https://www.youtube.com/watch?v=TWDyej7wcGQ
Wednesday, June 20, 2018
Monday, June 18, 2018
Tuesday, June 12, 2018
Saturday, June 09, 2018
Wednesday, June 06, 2018
Tuesday, June 05, 2018
Monday, June 04, 2018
Sunday, June 03, 2018
Malaysia scraps its VAT equivalent
Can you explain both the micro and macro effects?
https://www.straitstimes.com/asia/se-asia/malaysia-expects-surge-in-sales-as-0-gst-kicks-in
and Aljazeera
https://www.youtube.com/watch?v=M6_mvB9cgrA
https://www.straitstimes.com/asia/se-asia/malaysia-expects-surge-in-sales-as-0-gst-kicks-in
and Aljazeera
https://www.youtube.com/watch?v=M6_mvB9cgrA
Wednesday, May 30, 2018
Tuesday, May 29, 2018
Regulatory Capture: Government failure
Thanks to economicshelp for this evaluation
https://www.economicshelp.org/blog/141040/economics/regulatory-capture/
https://www.economicshelp.org/blog/141040/economics/regulatory-capture/
Saturday, May 26, 2018
Monday, May 21, 2018
Saturday, May 19, 2018
Tuesday, May 15, 2018
Monday, May 14, 2018
Sunday, May 13, 2018
Saturday, May 12, 2018
Will the sugar tax work?
Nice evaluation in the second half, especially the different responses by different age groups
https://voxeu.org/content/do-soda-taxes-work
https://voxeu.org/content/do-soda-taxes-work
Friday, May 11, 2018
Negative externalities: The problem of China's huge bike graveyards
Wednesday, May 09, 2018
Tuesday, May 08, 2018
GDP explained
Great short video found by tutor2u
https://www.youtube.com/watch?time_continue=2&v=zbywKvR3fVU
and this critisism from econfix
http://blog.elearneconomics.com/gdp-not-the-indicator-for-wellbeing-robert-kennedy-was-right-50-years-ago/
https://www.youtube.com/watch?time_continue=2&v=zbywKvR3fVU
and this critisism from econfix
http://blog.elearneconomics.com/gdp-not-the-indicator-for-wellbeing-robert-kennedy-was-right-50-years-ago/
Friday, May 04, 2018
New technology: Turning the desert and city rooftops green
Fantastic stories from the BBC
http://www.bbc.co.uk/news/av/business-43975519/making-the-desert-sand-bloom
http://www.bbc.co.uk/news/av/business-44005335/johannesburg-s-rooftop-farmer
http://www.bbc.co.uk/news/av/business-43975519/making-the-desert-sand-bloom
http://www.bbc.co.uk/news/av/business-44005335/johannesburg-s-rooftop-farmer
Labels:
Factors of production,
Productivity,
sustainability,
Video
Thursday, May 03, 2018
Wednesday, May 02, 2018
Tuesday, May 01, 2018
Minimum pricing: Scotland ends cheap booze as minimum price starts
Thanks to the BBC
http://www.bbc.co.uk/news/uk-scotland-43948081
and a video from the standard
https://www.standard.co.uk/news/uk/scotland-becomes-first-country-to-introduce-minimum-alcohol-unit-price-a3827686.html
and Reuters
https://uk.reuters.com/article/uk-britain-scotland-alcohol/scotland-introduces-minimum-alcohol-pricing-to-cut-deaths-idUKKBN1I236T
and Sky
https://news.sky.com/story/scotland-becomes-first-country-to-introduce-minimum-unit-alcohol-price-to-cut-deaths-11354421
http://www.bbc.co.uk/news/uk-scotland-43948081
and a video from the standard
https://www.standard.co.uk/news/uk/scotland-becomes-first-country-to-introduce-minimum-alcohol-unit-price-a3827686.html
and Reuters
https://uk.reuters.com/article/uk-britain-scotland-alcohol/scotland-introduces-minimum-alcohol-pricing-to-cut-deaths-idUKKBN1I236T
and Sky
https://news.sky.com/story/scotland-becomes-first-country-to-introduce-minimum-unit-alcohol-price-to-cut-deaths-11354421
Monday, April 30, 2018
Sainsurys and Asda propose merging
Thanks to tutor2u for this collection
https://www.tutor2u.net/economics/blog/sainsburys-and-asda-set-for-giant-retail-merger?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2029th%20April%202018&utm_content=Economics%20daily%20digest%20Sun%2029th%20April%202018+CID_92acf4d2adbfcd3b3c1889103be5bd92&utm_source=CampMonitor&utm_term=Sainsburys%20and%20Asda%20set%20for%20giant%20retail%20merger%20This%20could%20be%20one%20of%20those%20mega-mergers%20in%20the%20UK%20retail%20sector%20that%20sends%20huge%20ripples%20through%20the%20industry%20and%20will%20be%20the%20gift%20that%20keeps%20on%20giving%20for%20economics
and Ch4
https://www.channel4.com/news/supermarket-giants-announce-merger-plans
and the arguments for from the BBC
http://www.bbc.co.uk/news/av/business-43954635/sainsbury-s-boss-says-cost-cuts-will-bring-down-prices and
http://www.bbc.co.uk/news/av/business-43953603/sainsbury-s-asda-merger-change-at-the-checkouts
and Sky
https://news.sky.com/story/the-10-price-cut-gamble-at-the-heart-of-supermarket-mega-merger-11354059
and Ch4
https://www.channel4.com/news/sainsburys-confirms-merger-with-asda
and this summary from economicshelp
https://www.economicshelp.org/blog/140304/business/benefits-and-costs-of-sainsbury-asda-meger/
https://www.tutor2u.net/economics/blog/sainsburys-and-asda-set-for-giant-retail-merger?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2029th%20April%202018&utm_content=Economics%20daily%20digest%20Sun%2029th%20April%202018+CID_92acf4d2adbfcd3b3c1889103be5bd92&utm_source=CampMonitor&utm_term=Sainsburys%20and%20Asda%20set%20for%20giant%20retail%20merger%20This%20could%20be%20one%20of%20those%20mega-mergers%20in%20the%20UK%20retail%20sector%20that%20sends%20huge%20ripples%20through%20the%20industry%20and%20will%20be%20the%20gift%20that%20keeps%20on%20giving%20for%20economics
and Ch4
https://www.channel4.com/news/supermarket-giants-announce-merger-plans
and the arguments for from the BBC
http://www.bbc.co.uk/news/av/business-43954635/sainsbury-s-boss-says-cost-cuts-will-bring-down-prices and
http://www.bbc.co.uk/news/av/business-43953603/sainsbury-s-asda-merger-change-at-the-checkouts
and Sky
https://news.sky.com/story/the-10-price-cut-gamble-at-the-heart-of-supermarket-mega-merger-11354059
and Ch4
https://www.channel4.com/news/sainsburys-confirms-merger-with-asda
and this summary from economicshelp
https://www.economicshelp.org/blog/140304/business/benefits-and-costs-of-sainsbury-asda-meger/
Saturday, April 28, 2018
Friday, April 27, 2018
Thursday, April 26, 2018
Tuesday, April 24, 2018
Monday, April 23, 2018
Saturday, April 21, 2018
Friday, April 20, 2018
Sunday, April 15, 2018
The railways:Privatisation or nationalisation?
Thanks to the FT
https://www.youtube.com/watch?time_continue=3&v=U6V-HDbX9A8
and tutor2u
https://www.tutor2u.net/economics/reference/economics-of-rail-nationalisation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2016th%20April%202018&utm_content=Economics%20daily%20digest%20Mon%2016th%20April%202018+CID_154f61c00b2914ddddd4e97cc5a25b90&utm_source=CampMonitor&utm_term=Economics%20of%20Rail%20Nationalisation%20Study%20notes%20Should%20the%20UK%20railway%20industry%20be%20taken%20back%20into%20public%20ownership
https://www.youtube.com/watch?time_continue=3&v=U6V-HDbX9A8
and tutor2u
https://www.tutor2u.net/economics/reference/economics-of-rail-nationalisation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2016th%20April%202018&utm_content=Economics%20daily%20digest%20Mon%2016th%20April%202018+CID_154f61c00b2914ddddd4e97cc5a25b90&utm_source=CampMonitor&utm_term=Economics%20of%20Rail%20Nationalisation%20Study%20notes%20Should%20the%20UK%20railway%20industry%20be%20taken%20back%20into%20public%20ownership
Friday, April 13, 2018
Thursday, April 12, 2018
Saturday, April 07, 2018
Friday, April 06, 2018
Sugar tax implemented
Thanks to the BBC
http://www.bbc.co.uk/news/health-43659124
and Sky
https://news.sky.com/story/tax-on-sugary-soft-drinks-comes-into-force-to-combat-child-obesity-11317978
and an interesting post from the behavioural insights team
http://www.behaviouralinsights.co.uk/health/sugaring-the-bill-why-lower-revenue-from-the-sugar-tax-is-probably-a-good-thing/
http://www.bbc.co.uk/news/health-43659124
and Sky
https://news.sky.com/story/tax-on-sugary-soft-drinks-comes-into-force-to-combat-child-obesity-11317978
and an interesting post from the behavioural insights team
http://www.behaviouralinsights.co.uk/health/sugaring-the-bill-why-lower-revenue-from-the-sugar-tax-is-probably-a-good-thing/
Thursday, April 05, 2018
Monday, April 02, 2018
Retaliation: The downside of tariffs
What China decided
https://www.youtube.com/watch?v=ICNB0q0lyRc video
and http://www.bbc.co.uk/news/world-asia-43614400 article
and, thanks to Aljazeera, possible effects on USA pig farmers
https://www.youtube.com/watch?v=kz8ilkPqN28
and then it escalates
https://www.youtube.com/watch?v=zofsQSTOnY4
https://www.youtube.com/watch?v=-FccChwl504
https://www.youtube.com/watch?v=ICNB0q0lyRc video
and http://www.bbc.co.uk/news/world-asia-43614400 article
and, thanks to Aljazeera, possible effects on USA pig farmers
https://www.youtube.com/watch?v=kz8ilkPqN28
and then it escalates
https://www.youtube.com/watch?v=zofsQSTOnY4
https://www.youtube.com/watch?v=-FccChwl504
Sunday, April 01, 2018
Saturday, March 31, 2018
Monday, March 26, 2018
Friday, March 23, 2018
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