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The Latest Breaking News from Economics

Steel and aluminium manufacturers should brace for a new levy on their exports as a result of the European Union's (EU) introduction of the Carbon Border Adjustment Mechanism (CBAM) on Oct 1 this year, says the Office of Industrial Economics (OIE).

Bangkok Post

Economics that looks at lower half of the pyramid

The model of economic growth that has guided national and international policies since the 1990s will not create healthy democracies

The Hindu

Caroline Ellison: How a young math whiz with an appetite for risk became a major player in Sam Bankman-Fried’s corrupt crypto empire

After the fall of the cryptocurrency exchange FTX and the trading firm she ran, Alameda Research, the 28-year-old became an unlikely celebrity—and a public villain.

Fortune

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Brexit to blame for a third of Britain's food bill rise, researchers say

Britain's departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London School of Economics and other universities said.

Reuters

UK interest rates forecast to jump above 5% this year after higher-than-expected inflation – as it happened

Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts

The Guardian - UK

No politics, just economics— an economist’s stance on the political minefield of migration

Some thoughts on migration with a difference — no politics, just economics

Evening Standard

Saving humanity: here's a radical approach to building a sustainable and just society

Collectively we are driving Earth and civilisation towards collapse. Human activities have exceeded planetary boundaries. We are changing the climate, losing biodiversity, degrading land, contaminating freshwater, and damaging the nitrogen and phosphorus cycles upon which we all depend.

The Conversation

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Record numbers of British workers are sick. No wonder the economy is too. But there is a cure

The Tories have failed to pursue the obvious answers to this crisis, punishing ill people and NHS strikers instead, says Guardian economics editor Larry Elliott

The Guardian - UK

The economy works for so few people – what can we do about that?

Welcome to the brand new, free newsletter from Scotonomics and The National. Click the banner below to receive it straight to your inbox every…

The National (Scotland)

Michael Gove says Tories will not win election with culture wars

Minister says focus should be on economics and public services a day after Suella Braverman’s highly partisan speech

The Guardian - UK

WHENEVER we ask people what they want to see more of in The National, we’re told we don’t cover economic issues enough.

The National (Scotland)

Strategy games keep giving players the most depressing insights into real-world politics and economics

The political and economic lessons of games like Dwarf Fortress and Victoria 3 have one outcome: depression

GamesRadar

John Roberts net worth | Evening Standard Tech Rich List

Like many successful businesspeople, Roberts did not make the grade at school and failed his A-levels in mathematics, geography, and economics.

Evening Standard

The Economics of Hosting Sporting Events at Casinos

Sports events are a staple of casino entertainment. While most people think of casinos as a place to gamble, they've also become important venues for sporting events. Casinos have much to offer sports fans: they're large enough to host an event but ...

USA Today Sports Media Group

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Reason

Vernon Smith: Adam Smith's Relevance, Jimmy Carter's Deregulation, and the Fed's Biggest Mistake

"The greatest thing that ever happened to me was to be born in a free country of modest means and to have opportunities," says the Nobel Prize–winning economist.

The National (Scotland)

New think tank on Scotland's economics launches – as poll shows appetite for change

JUST two per cent of Scots think their country’s economy is on the right track and no change is needed, according to a poll published…

The New Daily

Alan Kohler: A beautiful, lucky, meaningless budget

Jim Chalmers has produced a budget document that beautifully navigates the difficult terrain of economics and politics.

PC Gamer

Warner Bros. exec says Hogwarts Legacy's sold 15 million, made over a billion dollars, and now they want to do the same with Superman

"There's more economics of people just hanging out in the Superman world and universe."

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Daily Mirror

Love Island summer 2023's first star 'revealed' as 21-year-old entrepreneur

Love Island's first contestant has been revealed as an economics graduate and a clothing brand entrepreneur

France 24

'We're at a turning point': Economist Daniel Chandler on tackling inequality

The severe poverty and climate crisis the world is suffering should be a moment for us to completely reassess the way our political and social structure is formed. That's the view of Daniel Chandler, an economist and philosopher based at the London School of Economics. His new book "Free and…

The Hindu

Guaranteed pension is not bad economics

With multiple State governments announcing reversion to the old pension scheme (OPS) and some more speculating to do the same, the debate on pensions is hotting up.

Fortune

The long-overlooked solution to upend health care economics: Bringing the hospital home

'To truly transform health care, we need to focus less on what happens in care settings and more on what happens where people live their lives.'

Evening Standard

OPINION - Parties play the local elections expectations game because it works

Perhaps my favourite aspect of economics is how expectations can become reality. If enough people believe something – say about the value of a commodity – it will often shift to that new price. In a world of randomness and chaos, I find it strangely satisfying.

Businessweek

Women Chief US Economists Have Gotten Even Rarer on Wall Street

Only one primary dealer has a woman in the role, which is key to helping markets and the public make sense of current trends.

The Conversation

The tricky economics of subsidising psychedelics for mental health therapy

Australia is the world’s first country to legalise the medical use of psychedelics. But not everyone is sure the timing is right. There are still major issues to work out for this move to benefit those most in need.

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