Edible Economics with Ha-Joon Chang Tuesday 19th January 2023, 6.30pm, The Geological Society Register for free here Ha-Joon Chang’s surprise at the homogeneity of British food when he arrived here from South Korea in the 80s drew a significant parallel: there seemed to be one item on the menu of mainstream economic thinking: neoclassical […]
Summary When faced with the prospect of rising interest rates, some have dismissed the potential pain it will cause by arguing that rates were much higher in the 80s and 90s. This week’s chart compares the impact on living standards that high mortgage rates had on homeowners in the late 80s to the present day, […]
Wednesday 19th October 2022, The Geological Society
Summary Kwasi Kwarteng announced a range of fiscal measures, which set a clear tone for what we are likely to see from the current government. These measures largely consisted of tax cuts. Whilst they are likely to hurt government finances, their announcement clearly shows the priority that this government places on supply-side policies. What does […]
Prior to the pandemic, a clear negative relationship existed between vacancies and unemployment. The experience of 2020 challenged this relationship and seemed to indicate labour market inefficiencies.
This year has seen rising fuel prices across all of Europe, however, countries have not been united in their approach to dealing with it.