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The Latest Breaking News from Economics

‘Parroting Putin’s propaganda’: The business exodus over Ukraine was no Russian bonanza

'When businesses pull out of Russia, Putin loses, no ifs, ands, or buts.'

Fortune

It’s easy to condemn ‘eat out to help out’, but Sunak’s motivations were justified

The then chancellor was worried about the impact of lockdown on the economy and society. And who can say he was wrong? says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

UK Christmas shoppers will pay more for less this year, say economists

Cost of festive season is up almost a quarter in three years, according to the Centre for Economics and Business Research

The Guardian - UK

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Investment fund co-founded by Jacob Rees-Mogg to close after client withdraws £2bn – as it happened

Live coverage of business, economics and financial markets as Somerset Capital says it will wind down after loss of major client

The Guardian - UK

It’s ‘extremely likely’ we’ve seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to recover

Capital Economics projects 7% mortgage rates in the coming weeks.

Fortune

James Robertson obituary

Writer, thinker and champion of green economics, monetary reform and new ways of looking at employment

The Guardian - UK

November Jobs, Unemployment And Wages: What To Expect

Wall Street expects the U.S. economy to have created somewhere between 160,000 and 185,000 jobs in November, based on two forecasts published by Trading Economics.

International Business Times

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Nobel Prize-Winning Economist Says Generative AI Could Create A 4-Day Workweek

According to Christopher Pissarides, a shorter workweek will not necessarily result in a loss in pay.

International Business Times UK

Economist and Dalit thinker M. Kunhaman found dead at his residence

Prominent Dalit thinker M. Kunhaman (74) passed away at his residence in Thiruvananthapuram. He was a teacher, writer and had several influential works on Dalit issues, caste and economics.

The Hindu

Les Jones obituary

Other lives: Economics teacher who was also an organic farming enthusiast with a smallholding in Shropshire

The Guardian - UK

Are young people poised to slam the brake on endless economic growth?

The climate and cost of living crises make belief in expanding GDPs look as stale as last year’s mince pies. But when central governments rely on consumerism to shore up spending, it will be hard for ‘degrowth’ to gain any traction

The Guardian - UK

From Piketty’s Capital to Hawking’s The Theory of Everything: can one book explain it all?

Millennia-spanning takes on history, evolution and economics are booming. But who buys these ‘grand theory’ books? And do they actually read them?

The Guardian - UK

Why an accountant, a scientist and a business consultant enrolled at art school

From corporate to creative, three students reveal why they took a ‘leap of faith’ and left their jobs to pursue their artistic passions in photography, illustration and animation

The Guardian - UK

US economy grew faster than expected as businesses ramped up investment – as it happened

Rolling coverage of business as US revises up GDP growth in third quarter to fastest pace since 2021

The Guardian - UK

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The Conversation

Lloyds of London archives show how important the City was to transatlantic slavery

In 1783, the City of London was gripped by a court case which symbolised the brutal economics of slavery. Two years previously, the Liverpool slave ship Zong had set out from Accra, in present-day Ghana, with 442 men, women and children crammed in its hold.

Evening Standard

A return to the Single Market might seem unlikely, but economics will eventually trump politics

City Comment: Reality is knocking the rough edges off of Brexit

Latin Times

Reproductive Rights: Latinas Disproportionately Impacted by Overturning of Roe v. Wade

A study by the Institute of Labor Economics showed that the impact of the Court's decision was "especially large for Hispanic women"

Reason

USC Professor Put on Remote Teaching After Saying Hamas Should Be Killed

The Foundation for Individual Rights and Expression (FIRE) (Jessie Appleby) wrote about this last week (as did the Academic Freedom Alliance): The University of Southern California has barred economics professor John Strauss from teaching on campus for the rest of the semester in response to anti-Hamas remarks he made to…

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The Conversation

Politics with Michelle Grattan: Greens Barbara Pocock on the quest for greater transparency

Greens Senator Barbara Pocock – who has a background in economics and industrial relations and formerly worked at the Reserve Bank, in the federal public service and as an academic – has been in parliament only since the 2022 election, But she has already made a mark.

Reason

OpenAI Basically Unionizes

Plus: Getting babies out of Gaza, lobster roll economics, gerontocracy update, and more...

Evening Standard

Antony Gormley: 'Politics and economics have failed us – that's why art is so important'

The artist talks about his new show, his most political work yet, and why art shouldn't have a price tag

Fortune

Citadel CEO Ken Griffin bashes Bidenomics as debt-reliant, inflationary policies: ‘The American public knows things aren’t working in this economy for them’

“Whoever told him to run on Bidenomics has no idea how to read an economics textbook,” the Wall Street titan said.

The Hindu

The Nobel in economics as a need to course correct

What is ahead for economists and economics is to contextualise economic theory to make it truly reflective of reality

Newcastle Herald

Most of Newcastle and Lake Macquarie 'unaffordable' for renters

Only one suburb came in as affordable.

Salon

Mike Johnson's "biblical” economics

Author Katherine Stewart on how Mike Johnson ended up with so much power

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