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The Latest Breaking News from Economics

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 Guardian - UK

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…

The Conversation

A ‘superficial’ and ‘misguided’ version of freedom has captured the American right. Joseph Stiglitz considers the alternatives

“Freedom is a core human value,” writes Joseph Stiglitz in his new book The Road to Freedom: Economics and the Good Society. “But many of freedom’s advocates seldom ask what the idea really means. Freedom for whom? What happens when one person’s freedom comes at the expense of another’s?”

The Conversation

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The view from the Olympic finish line: Assessing the impact of the Paris Games

The athletes have crossed the finish line of the Paris Olympic and Paralympic Games. Now economists are trying their best to accurately assess the economic impact of this global event on the city and on France. Our guest, Wladimir Andreff, is one of them. He is a specialist of sports…

France 24

Trump: "Everybody knows she's a Marxist"

The former president claimed Harris was a "Marxist" during a discussion about unemployment

Salon

How can you make going to university worth it? We ask the experts

Where to study is just as important as what – especially when it comes to finding a job

The Guardian - UK

Labour’s decision to cut winter fuel payments is mean and politically inept

Means-testing will hit up to 2 million people. Rachel Reeves would be wise to admit she was wrong, says Guardian economics editor Larry Elliott

The Guardian - UK

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What’s a recession – and how can we tell if we’re in one?

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

Labour minister says compressed hours could raise productivity; European stocks hit record high – as it happened

Live coverage of business, economics and financial markets as Jacqui Smith says four-day compressed hours could help people work

The Guardian - UK

Lower speeds on local streets cut deaths and injuries by a quarter in Wales. Over 100 experts want Australia to do the same

The Bureau of Infrastructure, Transport and Research Economics (BITRE) has released its latest road deaths bulletin. The results are terrifying.

The Conversation

Labour's fiscal rules are 'daft' – they should borrow more, IFS director says

LABOUR’s self-imposed fiscal rules are “pretty daft” and ape the Conservatives, according to the director of a leading economics think tank ...

The National (Scotland)

Thames Water asks to raise bills by £228 a year as regulators’ plan ‘not deliverable’ – as it happened

Live coverage of business, economics and financial markets as water company for southeast England says proposed cuts plan ‘is not tenable and renders our plan uninvestible’

The Guardian - UK

The Guardian view on Labour’s gloomy politics: it is bad economics

Editorial: Keir Starmer wants to pin the blame for broken Britain on the shambolic Tories. But his party has yet to form its own, more hopeful narrative

The Guardian - UK

Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - UK

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The Times of India

Birth rate drops in Delhi post-COVID, finds government report: Here’s why it is concerning

As per the latest report released by the Directorate of Economics and Statistics Office of Chief Registrar (Births Deaths) titled "The Annual Report on Registration of Births and Deaths in N.C.T. of Delhi", the birth rate in Delhi has dropped.

The Conversation

Coral bleaching is not only heartbreaking, it’s also bad economics

The latest official update on the health of the Great Barrier Reef is heartbreaking.

The Guardian - UK

Economists like competition but not when it comes to their own field of research

Winners of prizes such as the Nobel are concentrated in a handful of universities, which runs the risk of narrowing debate

The Guardian - AU

From writer to (aspiring) economist: doing the calculus on something you suck at

I decided to enrol in an economics degree partly because of masochism and partly because AI is rapidly stealing my job

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Fortune

Kamala Harris’s housing plan is similar to a Singaporean strategy

It won’t solve all, but “making the U.S. just a little bit more like Singapore can only be a good thing, and that’s what Harris is trying to do here,” influential economics expert Noah Smith wrote.

The Independent UK

Kamala Harris says her dad taught her to be fearless, but he’s been markedly absent from her public rise

Family is at the forefront of Kamala Harris’ presidential campaign, and she speaks frequently and fondly of her late mother’s influence – but rarely is there mention of her father. A “Marxist” economics professor who left Jamaica for UC Berkeley, Donald J Harris has said little about his daughter during…

The Guardian - UK

‘A big ask’: can Labour fix Britain using modern supply-side economics?

Turning to a theory championed by the US Treasury secretary, Reeves aims to upskill the workforce while boosting productivity

Fortune

The latest drop in mortgage rates isn’t enough to bring sellers and buyers off the sidelines

“It seems that borrowing costs would have to fall below 5% to see a full recovery in home buying,” a Capital Economics economist wrote.

The Guardian - UK

The violence was shocking but not surprising: Britain’s economy makes it ripe for far-right thuggery

Labour is right to get tough with rioters. But that won’t solve the deep-seated problems stoking the disorder, says the Guardian’s economics editor, Larry Elliott

The Conversation

Asylum seekers aren’t ‘taking your jobs’ – but it would be better for all of us if they could work

Amid the racist, far right violence sweeping the UK this week has been a theme present in anti-immigration politics around the world: the idea that immigrants are “taking” jobs that would otherwise go to native-born residents. The economics of labour migration are complicated, and there has been plenty of research…

The Guardian - UK

Sobering times for UK alcohol-free bars as many struggle to survive

Economics of running a dry bar has led to closures despite the growing popularity of alcohol-free beers and cocktails

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