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The Latest Breaking News from Economics

The ‘money doctor’ says forget the ‘propaganda’—inflation is ‘history’

Johns Hopkins University economics professor Steve Hanke told CNBC Thursday that, with the money supply contracting, the inflation era is over.

Fortune

Economic gloom looks likely to sink the Tories. But Labour is taking no chances

Come the general election, the worst of Britain’s pain may be over, so Starmer’s slow and steady approach is the right one, says Guardian economics editor Larry Elliott

The Guardian - UK

How behavioral economics can help you save on airfare

When booking flights, navigating extra fees and upgrades can be overwhelming, which is no accident

The Independent UK

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World's safest country is full of natural wonders and beautiful places to visit

Iceland is yet again top of the Global Peace Index from the Institute of Economics and Peace and is a brilliant place to visit due to its stunning natural wonders

Daily Mirror

A Bearish Investor Ponders the Bull Case for Stocks

Steve Reitmeister is by no means a permabear...but its hard for him to give up his economics background and turn away from the bearish evidence in hand. However, with the S&P 500 (SPY) up more than 20% from the October lows its time for some honest reflection of the current…

StockNews.com

The most dangerous countries in the world

The world has become less peaceful over the past 15 years, with the Ukraine war having a significant impact on global violence, according to analysis from the Institute for Economics and Peace.

The Week

Why aren’t soaring interest rates bringing down inflation?

Rishi Sunak has blamed the high number of fixed-rate mortgages for his government’s failure to bring down inflation.

The Week

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The UK housing crisis isn’t just about mortgages – private renters desperately need help too

The local housing allowance freeze is pushing many tenants into dangerous, poor quality accommodation, says Alex Diner, a researcher at the New Economics Foundation

The Guardian - UK

Biradar is new Registrar of Central University of Karnataka

Rudragouda Revanasiddappa Biradar, Professor of Economics from Karnataka University, Dharwad, took charge as Registrar of Central University of Karnataka (CUK) near here on Tuesday.

The Hindu

Comparing (export) apples with apples

A little known law of demand in economics explains why countries export their best produce

Newsroom.co.nz

Using austerity economics to crush UK inflation would be a cure worse than the disease

Caution needed rather than panic measures over short-term risks after credibility of government and Bank of England hit

The Guardian - UK

Best of frenemies: can George Osborne and Ed Balls’s blokey bantz erase austerity’s scars?

The former adversaries are launching an economics podcast. Somehow I doubt there will be a reckoning with the past

The Guardian - UK

Tourism spurs manufacturing uptick

Thailand's manufacturing production index (MPI) fell by 3.14% year-on-year to 94.8 points in May because of an export slowdown, although the reading improved from April thanks to the tourism recovery, says the Office of Industrial Economics (OIE).

Bangkok Post

It's Wild That Home Economics Hasn't Been Cancelled Or Renewed Yet, But There's A New Wrinkle

There's a development on the Home Economics front, although not a cancellation or renewal... still.

Cinemablend

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Bangkok Post

Would technology-enabled communism work?

Friedrich von Hayek is best known for his influential 1944 polemic The Road to Serfdom. But his most celebrated work in economics is "The Use of Knowledge in Society", a rather short article on how society uses and acquires dispersed information about economic fundamentals such as preferences, priorities, and productivity.

Bangkok Post

Adam Smith 300 years later

This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges.

Evening Standard

‘Frenemies’ George Osborne and Ed Balls to launch weekly politics podcast

The former rivals are now ‘firm friends’ hoping to ‘bring economics back to life and on the agenda’

Bangkok Post

Young Thai chefs shake up Bangkok's food scene

Thitid Tassanakajohn has a degree in economics from Thailand's top university but turned his back on a stable career in finance to launch a high-end restaurant in Bangkok -- a city famed for its street food.

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Zenger

Bidenomics: Tax Cuts For Wealthy And Corporations Don’t Benefit Middle Class, Says US President

Biden stresses on need to move away from top-down approach of trickle-down economics and focus on empowering American workers.

The Guardian - UK

‘We’re frenemies’: George Osborne and Ed Balls to launch economics podcast

Former chancellor and ex-shadow chancellor will discuss and analyse the state of the British economy

The Conversation

Why are Taylor Swift tickets so hard to get? The economics are complicated

Desire, anticipation, frustration and disappointment – any time tickets for a Taylor Swift tour go on sale there is Bad Blood.

The National (Scotland)

Scotland urgently needs a wellbeing economy. Here's why now's the time for one

The Wellbeing Economic Approach is one of the most topical policy issues in the world. Nowhere more so than in Scotland where wellbeing has risen up…

The National (Scotland)

‘Young people are grateful for what we have in Scotland’

‘YOUNG Scots for Independence has always been a well-oiled campaign machine,” says Erin Mwembo, YSI convenor and a third-year economics student…

The Hindu

Homemakers entitled to equal share in properties purchased by their spouses, says Madras High Court

Justice Krishnan Ramasamy held that a homemaker would be entitled to an equal share in properties purchased by her husband with his earnings, because he could not have earned the money without the support of his wife in looking after the family.

Fortune

Office owners have an ‘arduous’ road ahead, Capital Economics says, forecasting that office values are unlikely to recover by 2040

The research firm’s top property economist likens the decline in office demand to what malls have experienced over the last six years—and sees a similar outcome.

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