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The Latest Breaking News from Economics

The Serviceberry: this Indigenous understanding of nature can help us rethink economics

In the tension between ecology and economics lies an uncomfortable truth: while both words share a root in “eco” (from the Greek oikos, meaning home), our modern economies often seem to overlook the home we all share – the natural world.

The Conversation

What are tariffs?

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

Thanks, Larry Elliott, for all the lightbulb moments on understanding economics

28 years of lessons | Sarah Winman’s Still Life | Crocodile infestations | Running bores | Brexit and Donald Trump

The Guardian - UK

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From Thatcher to Trump and Brexit: my seven lessons learned after 28 years as Guardian economics editor

The free market experiment has failed, free trade is out, and populism is rife but it can be defeated if the left can galvanise ideas into a credible plan

The Guardian - UK

How informing shoppers can help fight inequality

Recent elections, G20 summits, and CEO pay scandals have brought inequality to the forefront of the news. Economists often point out that decisions on, say, tax policy in this arena depend on society’s – and individuals’ – attitudes to inequality and fairness. But how you feel about a given inequality…

The Conversation

Ignore the doom-mongers: the good news on interest rates shows Labour is on the right track

Narratives matter in economics, and we must acknowledge the circumstances the government faces and give credit where due, says economist Mohamed A El-Erian

The Guardian - UK

Barr set to relinquish treasury amid big ACT public service shake-up

Chief Minister promises 'economics team', hints at fewer directorates.

The Canberra Times

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US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election

The Guardian - UK

An in-depth look at John Maynard Keynes' life and economic theories—and how he influenced FDR and Ben Bernanke

Keynes challenged the fundamental theories of classical economics and influenced European and American economic policies throughout World War I, the Great Depression, and World War II.

The Street

What are Veblen and Giffen goods?

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

GDP is an outdated way of measuring the health of the economy – it doesn’t reflect the health of people or the planet

Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world.

The Conversation

Rachel Reeves’s first budget offers a chance to break out of the doom loop. Here’s how she should do it

It’s a tall order but Labour has a chance to improve people’s lives in both the short and long term, says economics and public policy professor Jonathan Portes

The Guardian - UK

Which tactics have football teams used to benefit from their pitches?

Plus: stands delivered from one club to another; Erling Haaland denied; and a brutal time for Ängelholms FF

The Guardian - UK

End of coal in South Africa: what 100,000 workers will need when their jobs go

South Africa’s move to renewable energy means that the coal industry will be phased out over the coming decades. This transition away from a fossil-fuel based economy will affect over 100,000 workers in coal mining and coal-fired power generation – and their families. Economics professor and director of the Development…

The Conversation

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The Guardian - UK

Do you want kids? It’s finally OK to simply say no

If birth rates are falling it could be down to choosing childlessness, rather than economics or infertility

The Guardian - UK

Ascot gears up for Britain’s richest day at races with £4m on offer

Champions Day will not have the pulling power of Frankie Dettori’s farewell last year but the signs are the buzz still lingers

The Guardian - UK

Paul Johnson to leave influential IFS economics thinktank

Leading authority on tax and spending policy to depart Institute for Fiscal Studies next year for Queen’s College, Oxford

The Guardian - UK

Why is Germany shooting its own stagnating economy in the foot?

A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon

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Reason

Did Inflation Save Us From 'New Progressive Economics'?

Anti-market progressives dominate the Biden administration. Their policies also help discredit it.

The Conversation

This year’s Nobel prize exposes economics’ problem with colonialism

Daron Acemoglu, Simon Johnson and James Robinson have been awarded the 2024 Nobel memorial prize in economics for their influential work on how institutions shape economic development. Some would say the decision to award these scholars the Nobel was long overdue.

The Conversation

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.

France 24

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…

The Conversation

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.

Dynamite News

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:

The Independent UK

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

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