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The Latest Breaking News from Economics

This year’s Nobel prize in economics awarded to team that examined what makes some countries rich and others poor

The 2024 Nobel Prize in Economics has been awarded to three US-based economists who examined the advantages of democracy and the rule of law, and why they are strong in some countries and not others.

The Conversation

Unleashing the economic potential of second-hand clothing

Second-hand clothing can help countries meet environmental targets, and drive economic growth - but needs support. A new report says governments need to help unleash the sector's economic potential. Karina Bolin, President of Humana People to People Italia, says it's important to focus on textiles of good quality, rather than…

France 24

Nobel economics prize: how colonial history explains why strong institutions are vital to a country’s prosperity – expert Q&A

This year’s Nobel memorial prize in economics has gone to Daron Acemoglu and Simon Johnson of the Massachusetts Institute of Technology and James Robinson of the University of Chicago for their work on why there are such vast differences in prosperity between nations.

The Conversation

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Nobel Economics Prize awarded for research into differences in prosperity between nations

This year's laureates have demonstrated the importance of societal institutions for a country's prosperity. Read further on Dynamite News:

Dynamite News

Nobel Prize in Economics awarded to trio for explaining global inequality

The prestigious award is the final prize to be given out this year and is worth $1.1 million

The Independent UK

Two Britons among three winners of 2024 Nobel Prize in Economics

Two of the academics also studied at the London School of Economics

Evening Standard

'Nobel economics prize' awarded to trio for work on links between institutions and prosperity

Daron Acemoglu, Simon Johnson and James A. Robinson won the 2024 Nobel memorial prize in economics "for studies of how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said on Monday.

France 24

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US-based Acemoglu, Johnson and Robinson win 2024 Nobel economics prize

The award for work into why countries succeed and fail is the final prize to be given out this year and is worth $1.1m.

Al Jazeera

Watch: Nobel Price in economic sciences 2024 winner announced

Watch live as the winner of this year’s Nobel economics prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is announced on Monday, 14 October.

The Independent UK

The Nobel economics prize is being announced in Sweden

The Royal Swedish Academy of Sciences is unveiling the winner — or winners — of the Nobel Memorial Prize in economics, wrapping up six days of awards announcements

The Independent UK

Role Of Government, Poverty Research Tipped For Economics Nobel

Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders.

International Business Times

What is amortisation, and what does it have to do with Peter Dutton’s nuclear proposal?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

The Conversation

Nobel Prizes 2024: How do nominations work?

Here’s a look at all those who can nominate people for the Nobels. The list is long – very long.

Al Jazeera

GP care analysis casts doubt on Labour pledge to ‘bring back the family doctor’

Patients will increasingly see nurses, physiotherapists or pharmacists instead of GPs, says Frontier Economics study

The Guardian - UK

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The Canberra Times

'Magic pudding economics': Battle of the $1b blackhole as ACT election nears

Andrew Barr and Elizabeth Lee traded shots over 'absurd' figures and who'll give Canberrans a better deal.

International Business Times

Inside The University Course Teaching Economics Through Taylor Swift: 'It's Really Inspiring'

The course was supposed to be a one-time thing, but American University already has plans to offer "Swiftonomics" again in the spring due to immense interest.

Latin Times

Inside the University Course Teaching Economics Through Taylor Swift: 'It's Really Inspiring'

The course was supposed to be a one-time thing, but American University already has plans to offer "Swiftonomics" again in the spring due to immense interest.

The Guardian - UK

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Labour’s squandering of its political capital has given hope to the right. But Britain’s voters want a leftwing agenda, says Guardian economics editor Larry Elliott

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The Guardian - UK

Starling Bank fined £29m for ‘shockingly lax’ sanctions breaches – as it happened

Live coverage of business, economics and financial markets as bank gave accounts to 49,000 high-risk customers and oil prices rise after Iranian missile attacks on Israel

Fortune

The winning fight against climate change lies at the intersection of environmentalism and economics

This approach to environmental action produces results that can be sustained over time because they are aligned with real-world economic incentives.

Fortune

Trump called Harris's father a 'Marxist.' There's another story

Stanford economist Peter Blair Henry said he and Harris have both urged the Jamaican government to harness the power of free markets.

Fortune

BofA details clients’ 5 major economic fears—then knocks them all down

“For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

The Guardian - UK

Peter Jay obituary

Economic journalist and broadcaster labelled ‘the cleverest young man in England’

The Guardian - UK

Peter Jay, journalist and diplomat, dies aged 87

Tributes paid to one of the UK’s foremost economics commentators who was also ambassador to Washington

The Conversation

Research nation: whisper it, Europe still sometimes looks to the UK

Getting into a taxi with a stranger at 11pm could have been an awkward experience. Especially when the journey ahead was due to take one-and-a-half hours. Fortunately, when I arrived at Pisa airport last week and jumped into a car to be driven to Siena by Riccardo Chiantini, sitting next…

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