Monday, January 30, 2017

Rapid transit in Dar es Salaam

Lots of economics in hers
https://www.youtube.com/watch?v=a_V29yVYqGo

Monday, January 16, 2017

Wealth inequality

Yes, I know it's only a headline grabbing stunt from Oxfam, but it's still mind boggling
http://news.sky.com/story/eight-billionaires-own-same-as-poorest-half-of-the-world-oxfam-10730267


Friday, January 06, 2017

Tariffs; Trump style

Forget formality,; issue threats via Twitter
http://news.sky.com/story/trump-threatens-toyota-over-mexico-carmaking-plant-10719189
and more on Mexico's motor industry
https://www.youtube.com/watch?v=aPb31svwhgQ




CO2 emission: A case for legislation?

A great story from the BBC
http://www.bbc.co.uk/news/business-38391034
Given this technique, developed as a free market solution to the problem of negative externalities seems to work, should governments around the world legislate to see this form of CO2 capture be applied around the world?

Money supply, the transmission mechanism and inflation

Great explanation in the context of Zimbabwe from Marginal Revolution
https://www.youtube.com/watch?v=78-BlZXm7wA

Tuesday, January 03, 2017

The rising price of Mexico's petrol

A combination of reduced subsidies and increased world price (ie costs of production for petrol firms) reports Aljazeera
http://video.aljazeera.com/channels/eng/videos/protests-erupt-as-mexico-hikes-petrol-prices/5268614549001

Firework externalities

I can see (no pun) both positive and negative externalities from this crash of a firework lorry
http://www.bbc.co.uk/news/world-asia-china-38501503

Merger/horizontal integration in the pasty market

Thanks to Sky
http://news.sky.com/story/samworth-swallows-west-cornwall-pasty-maker-in-battle-with-greggs-10716719

Rising demand for vinyl!

Ah yes, my youth returns. I wonder of modern day vinyl buyers spend Saturday afternoons flicking through the albums? Thanks to BBC
http://www.bbc.co.uk/news/entertainment-arts-38503500
Sky
http://news.sky.com/story/vinyl-sales-at-25-year-high-as-david-bowies-blackstar-leads-revival-10716565
and tutor2u (with sales data)
http://www.tutor2u.net/economics/blog/not-quite-the-vinyl-countdown?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%204th%20January%202017&utm_content=Economics%20daily%20digest%20Wed%204th%20January%202017+CID_e6be6d9dbf5c5662429e299007374965&utm_source=CampMonitor&utm_term=Not%20Quite%20the%20Vinyl%20Countdown%20Really%20interesting%20article%20here%20about%20changes%20in%20consumer%20tastes%20-%20with%20sales%20of%20vinyl%20at%20their%20highest%20since%201991%20and%20vinyl%20sales%20outstripping%20digital%20downloads%20too%20However%20theres%20even%20more%20depth


Monday, January 02, 2017

France bans thin plastic bags

Thanks to Aljazeera
http://video.aljazeera.com/channels/eng/videos/france-imposes-ban-on-thin-plastic-bags/5267863910001

Analysis: Why public goods result in market failure

Thanks to tutor2u for this video in their "chains of reasoning" series explaining how to have really good analysis in your answers
http://www.tutor2u.net/economics/reference/chains-of-reasoning-public-goods-and-market-failure?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%202nd%20January%202017&utm_content=Economics%20daily%20digest%20Mon%202nd%20January%202017+CID_d8b442dd489bb75c0434829bee4cbcaf&utm_source=CampMonitor&utm_term=Chains%20of%20Reasoning%20-%20Public%20Goods%20and%20Market%20Failure%20Revision%20videos%20Analysis%20should%20occur%20through%20a%20clear%20chain%20of%20reasoning%20This%20short%20revision%20video%20build%20a%20chain%20of%20reasoning%20explaining%20why%20pure%20public%20goods%20can%20lead%20to%20market%20failure%20because%20the

Behavioural economics

Some revision videos from tutor2u
http://www.tutor2u.net/economics/blog/behavioural-economics-for-a-level-explained?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%202nd%20January%202017&utm_content=Economics%20daily%20digest%20Mon%202nd%20January%202017+CID_d8b442dd489bb75c0434829bee4cbcaf&utm_source=CampMonitor&utm_term=Behavioural%20Economics%20for%20A%20Level%20-%20Explained%20A%20Level%20Economics%20students%20covering%20aspects%20of%20Behavioural%20Economics%20in%20their%20studies%20will%20find%20many%20of%20the%20key%20concepts%20explained%20and%20illustrated%20in%20the%20revision%20videos%20listed%20below