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The Latest Breaking News from Economics

Populists are bad for our economic health, yet they’re still a hard habit to break

They are annoyingly good at politics but terrible at economics – GDP and living standards plummet in countries led by them

The Guardian - UK

UK economics professor has a few theories about skyrocketing auto insurance rates

The latest figures from the U.S. Bureau of Labor Statistics are almost enough to force folks off the road – a 19 percent increase in auto insurance rates. Dr. Aaron Yelowitz is an economics professor at the University of Kentucky’s Gatton College of Economics. He has a few theories about…

WEKU

When four politicians walk into a room

There were, says Grant Robertson, a lot of professors of hindsight economics in the room at the ASB Queenstown finance debate. Newsroom's Jonathan Milne was also there.

Newsroom.co.nz

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South Africa can't crack the inequality curse. Why, and what can be done

South Africa is ranked one of the most unequal societies in the world. The Conversation Africa spoke to Imraan Valodia, the Director of the Southern Centre for Inequality Studies, University of the Witwatersrand, about inequality in South Africa.

The Conversation

Greens attack Scottish freeports plan as 'repeat of trickle-down economics'

FREEPORTS are a repeat of the failed ‘trickle-down economics’ experiment of the 1980s, a Scottish Greens MSP has said.

The National (Scotland)

Naidu formed Andhra Pradesh State Skill Development Corporation without approval of State Cabinet, alleges AP-CID

Even as the arrest of TDP national president N. Chandrababu Naidu in the alleged skill development corporation scam has triggered a debate over the law taking its course versus political vendetta, the prime task before the Economics Offence Wing (EOW) of the Andhra Pradesh Crime Investigation Department (AP-CID) is to…

The Hindu

College student appears for exam on her wedding day

Sathyavathi B. surprised her classmates by running from her marriage hall to her college in Shivamogga to take her final semester exam. She and her husband Francis, who met two years ago, had a simple marriage at her home. After completing her Economics paper, they returned to the marriage hall…

The Hindu

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Fatal stabbing of Gabonese student highlights 'daily' racism faced by Africans in Russia

François Ndzhelassili, a doctoral student from Gabon at the Ural Federal University in Yekaterinburg, Russia, was killed on August 18 by a group of Russian men after they harassed him and called him racial slurs. The murder is just the latest case of discrimination and violence against Black people living…

France 24

Ashoka University row: As campus reopens, faculty tight-lipped, and a student body ‘in wait’

“It looks like everyone has forgotten professor Sabyasachi Das,” commented a fourth-year student from the economics department on festivities marking a new session at the Ashoka University in Sonipat, close on the heels of a controversy.

Newslaundry

More small airports are being cut off from the air travel network. This is why

The pilot shortage and changing economics are to blame for legacy airlines departing regional airports

WEKU

Bank of England must ‘see job through’ on cost of living; eurozone inflation higher than expected – as it happened

Live, rolling coverage of business, economics and financial markets as easing of chip shortage boosts British car manufacturing by a third

The Guardian - UK

In ditching a wealth tax, Labour is rejecting growth and embracing bad economics

Rachel Reeves has tied her party’s hands and placed it on the wrong side of the argument, says Josh Ryan-Collins, an associate professor at UCL

The Guardian - UK

Rishi Sunak says airlines must help stranded passengers after ‘dodgy flight plan’ caused meltdown – as it happened

Rolling live news coverage of business, economics and financial markets as disruption to UK air travel continues into third day

The Guardian - UK

Deloitte joins RBA in tipping 4.5% Australian jobless rate thanks to slow consumer spending

Slowdown in consumer is finally flowing through to Australia’s jobs market, according to the latest forecasts from Deloitte Access Economics

The Guardian - AU

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The Guardian - UK

UK government delays post-Brexit border checks for fifth time – as it happened

Rolling, live coverage of business, economics and financial markets as border checks to be introduced from January 2024

Al Jazeera

Row at India’s premier private university sparks debate on academic freedom

Ashoka University is accused of stifling academic freedom after it distances itself from a research paper on 2019 polls.

The Conversation

Financial education has its limits – if we want New Zealanders to be better with money, we need to start at home

Even as an economics student at university, I remember heading into town on a Friday night knowing what I needed to pay the bills before I could spend on socialising. But despite having the financial literacy to know better, Monday could still sometimes begin with a trip to the bank…

France 24

Gabon's Bongo aims for third term in office as voters head to polls

Voters in Gabon were called to the polls on Saturday for a triple election in which President Ali Bongo Ondimba, scion of a family that has ruled for 55 years, is seeking victory over a united opposition that is fielding candidate Albert Ondo Ossa, a former minister and economics professor.

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The Guardian - UK

UK retail sales weaken in ‘summer to forget’; stock markets rise as Nvidia surges – as it happened

Rolling live coverage of business, economics and financial markets as hopes for end of the rate hike cycle also boost shares

The Guardian - UK

Jonathan Perraton obituary

Other lives: Economist who nurtured a generation of students at Sheffield University

Fortune

The experience-hungry American consumer is already crashing the economy into a 'rolling recession,' Oxford Economics says

“Instead of a typical recession, it's possible the economy will fall into – or in fact is already in – a 'rolling' recession,” Oren Klachkin, lead U.S. economist at Oxford Economics, wrote Tuesday.

Fortune

How America’s hotbed of progressive economics borrowed from Milton Friedman to pressure the ultrawealthy on climate change

U. Mass–Amherst's Jared Starr says shareholder supremacy can tackle the climate emergency: "How do we provide the right incentive for people on corporate boards and the executive C-suite?"

Dynamite News

Study finds walkable communities are healthier for both mother, baby

A study found that pregnant women who live in walkable neighbourhoods with more sidewalks, parks and walking routes are more likely to engage in physical exercise and have safe pregnancies. Read further on Dynamite News:

The Week

How English women’s football could become a billion pound industry

Christina Philippou, principal lecturer of economics at the University of Portsmouth explains where the money could come from to change the women’s game forever.

The Guardian - UK

Diane Arbus on tour, recasting a Jewish myth, and capital works – the week in art

The great American photographer goes on show in Shetland, Sebastian Thomas remakes the Golem and economics gets a blockbuster – all in your weekly dispatch

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