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The Latest Breaking News from Economics

How the economics of oil could sway the US presidential election

Oil continues to influence global economics and politics like no other finite natural resource. In the 2024 US presidential election, the strategic commodity will be an important domestic issue.

The Conversation

Dyson to cut 1,000 jobs in the UK; chancellor launches national wealth fund –as it happened

Rachel Reeves says ‘Britain is open for business and the work of change has begun’

The Guardian - UK

Bank of England policymaker argues for holding interest rates until inflation pressures ease – as it happened

Live coverage of business, economics and markets as Jonathan Haskel says UK ‘inflation will remain above target for quite some time’

The Guardian - UK

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If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says

Mortgage applications and sales are weak, to say the least, off the back of dampening demand.

Fortune

Debate: Austrian vs. Chicago Economics

Economists Gene Epstein and David Friedman debate the merits of the Austrian and Chicago schools of economics.

Reason

Labour is putting its plans for Britain in the hands of private finance. It could end badly

Handing vital infrastructure to big finance will generate windfalls for investors and leave the rest of us worse off. We need a better plan, says Daniela Gabor, a professor of economics and macrofinance at UWE Bristol

The Guardian - UK

Nick Hartley obituary

Other lives: Founder member and chief economist at Oftel who later became head of economics and statistics at the DTI

The Guardian - UK

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Expert warns Labour and Tory energy policy ‘don't drastically differ’

A LEADING economics expert has said that Labour and the Conservatives “do not drastically differ” on energy policy ...

The National (Scotland)

Port Talbot steel union suspends strike; French share prices jump after elections – as it happened

Live, rolling coverage of business, economics and financial markets as Unite suspends Tata Steel strike and Marine Le Pen’s National Rally set to be largest party in France

The Guardian - UK

What are financial years – and why are they different from calendar years?

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

Grand Slam tennis: how economics shed light on champions’ performances

Every year in late spring, Paris and London play host to the world’s tennis elite. As an amateur tennis player but a professional economist, this year I wandered the grounds of Rolland-Garros to discover the mysteries of international tennis competitions. Appropriately, economics has used game theory, a branch of applied…

The Conversation

South Africa’s political monopoly has been broken: could it help the economy?

Over the last decade or so there has been something of a revolution in economics. The long held belief that unfettered markets deliver good outcomes for all is now overwhelmingly discredited.

The Conversation

Top Economists Support Biden's Economic Agenda

Prominent economists endorse Biden's economic agenda and warn of risks in re-electing Trump. Debate reflects diverse perspectives in economics and politics.

Top News

What are family trusts?

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

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The Conversation

People are spending hours clicking on a banana to (maybe) make some money. A 300-year-old behavioural economics theory explains why

In the ever-evolving online gaming landscape, one seemingly simple online game has captivated players. The free-to-play clicker Banana has amassed more than 850,000 concurrent players on the gaming platform Steam.

The Guardian - UK

Peter Riach obituary

Other lives: Prominent Australian economist who settled in the UK to found the economics department at De Montfort University, Leicester

The Conversation

Business basics: how do companies pay tax?

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

The Guardian - UK

How to reverse austerity? Scrap some of the tax-relief schemes worth £204bn

Even the HMRC doesn’t know if any of the 341 tax breaks promote economic growth – many merely line the pockets of company owners and the super-rich, writes Phillip Inman, economics editor

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France 24

'Russian naval drills in the Caribbean are a PR stunt', researcher says

A US Navy submarine has arrived in Guantanamo Bay, Cuba, in a show of force as a fleet of Russian warships gather for planned military exercises in the Caribbean. Ed Augustin reports from Havana. Jeffrey Hawn, researcher at the London School of Economics and Political Science, tells FRANCE 24's Mark…

Multichannel News

Return of the ‘Triple Play’? Consumers’ Most Wanted Bundle Includes Netflix, Broadband and Mobile

Consumer desires harken back to old-world cable economics, a Hub Entertainment Research study finds

The Guardian - UK

Amid the Tories’ fiscal disasters, one change has quietly warped how we see public spending for ever

The Tory-created OBR buoyed David Cameron but sunk Liz Truss. After the election, it may become Labour’s problem, says economics professor Jonathan Portes

The Conversation

The Coalition wants to dump our 2030 emissions target, yet somehow hit 2050’s. Behavioural economics has a name for that

If you are anything like me, the nearer you get to a deadline, the more desperately you want to postpone it, no matter how much harder that makes things down the track.

The Guardian - AU

Stagflation: is Australia heading back to the 1970s? Our economics and business writers go head to head

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

The Conversation

Business basics: what’s an initial public offering?

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

Bored Panda

40 Ways People Scream “I’m Economically Illiterate” Without Even Trying

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