The cost of energy
The world price of natural gas has increased from $2.50 per unit to $5.60 per unit over the last 12 months – an increase of 124%. Like a price ‘spike’ in most markets, the cause of the increase in price...
.jpg)
The wacky plan to pay off US national debt with a $1 trillion coin
Some politicians are advocating the US government mint a new coin as worries mount that America's money will run dry. It is October 17, 2021, and the US is just hours away from a historic and highly damaging...
A look at changes in the labour market
As the world economy emerges from the pandemic and the threat of rising unemployment recedes another employment problem is emerging in many countries: a shortage of labour. ‘We are running into a global...
A new book on changing capitalism
Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London. Her work as the founding director of the UCL Institute for Innovation and Public Purpose is...
Online gaming and market failure
Plenty of politicians have their eye on the harmful consequences of online gaming. There are stories of gamers playing for such continuously long time periods they wear diapers to avoid pauses in play....
What is the future for Afghanistan’s economy?
The political instability that comes with the forced takeover of a country like the situation in Afghanistan, has a ‘shock’ effect on the economy at a micro and macro level. What are the economic consequences...
The rise of bitcoin in Nigeria
In March 2019 the Nigerian government banned access to foreign exchange for textile businesses. This put textile manufacturing firms in Nigeria in a tight spot because they could no longer get the Chinese...
Getting enough people vaccinated
text Even though the Covid19 vaccines mean people who take them have a very good chance of avoiding a serious illness from the virus some people are still reluctant to be vaccinated. The US Centre for...
The Spirit of Green - developing an economic strategy to combat climate change
text The Economist William Nordhaus is a Professor of Economics at Yale University has made his name using economic models to consider the implications and the strategies used to tackle climate change....
The ECB keeps printing money as German inflation soars
Transferring taxpayer cash from Germany to southern Europe under the EU Recovery Fund is controversial and could prove politically toxic. The European Central Bank is heading for a major political showdown...