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The Latest Breaking News from Economics

Taiwan-US trade agreement: ‘It’s not about economics anymore, it’s politics’

Taiwan and the US on Thursday inked the first part of a new trade pact. Negotiated under the beak of a hawkish China, the pact is hailed by involved parties as the most significant trade deal between Taipei and Washington since Taiwan joined the World Trade Organization in 2002.

France 24

The Economics of Prohibition Doom Plans To Reduce Drug Use by Busting Online Dealers

A study suggests that "selectively targeting large-scale drug vendors" on the dark web can succeed where all previous enforcement efforts have failed.

Reason

Eric Rahim obituary

Other Lives: Writer and lecturer who taught and researched around the world, specialising in economics

The Guardian - UK

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Brexit, the environment, energy bills … it’s hard to tell Labour and Tory policies apart

Cross-party consensus was once called Butskellism. What do we call it when even Rachel Reeves and Jeremy Hunt agree? says Guardian economics editor Larry Elliott

The Guardian - UK

Margaret Easterbrook joins The Conversation as Business Editor

The Conversation is delighted to welcome Margaret Easterbrook to our newsroom as Business Editor. Easterbrook will lead a team that includes The Conversation’s Economics Editor Peter Martin (highly commended in the 2022 Quill Awards) and Deputy Business and Economics Editor Tim Wallace.

The Conversation

Running out of battery: how post-Brexit Britain is failing to set up a future-focused economy

One-off deals won’t keep pace with the big industrial strategies of the US and EU, says Mariana Mazzucato, a professor in the economics of innovation

The Guardian - UK

KRAC Aims to Create Anti-Corruption “Ecosystem” in Thailand

The National Research Council of Thailand (NRCT) has joined hands with Chulalongkorn University’s Faculty of Economics in establishing the Knowledge Hub for Regional Anti-Corruption and Good Governance Collaboration (KRAC) for the goal of creating Thailand’s anti-corruption ecosystem by translating academic knowledge into actions and fostering networks for international cooperation.

Bangkok Post

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Hitting UK's richest 350 with 2% wealth tax 'would generate £16billion for Treasury'

Researchers have calculated how much cash could be injected into the Treasury if a wealth tax was applied to the richest people in the country

Daily Mirror

Symbolism, history and nationalism put Erdogan in strong position ahead of presidential runoff

Emotion trumped economics in the 2023 Turkish presidential campaign, forcing the opposition to embrace nationalism ahead of Sunday’s runoff. But President Recep Tayyip Erdogan was ahead of the curve, using a mix of nationalist rhetoric, pan-Islamic heroism and historical references in a bid to enter his third decade in power.

France 24

Metal producers to face new tariffs

Steel and aluminium manufacturers should brace for a new levy on their exports as a result of the European Union's (EU) introduction of the Carbon Border Adjustment Mechanism (CBAM) on Oct 1 this year, says the Office of Industrial Economics (OIE).

Bangkok Post

Economics that looks at lower half of the pyramid

The model of economic growth that has guided national and international policies since the 1990s will not create healthy democracies

The Hindu

Caroline Ellison: How a young math whiz with an appetite for risk became a major player in Sam Bankman-Fried’s corrupt crypto empire

After the fall of the cryptocurrency exchange FTX and the trading firm she ran, Alameda Research, the 28-year-old became an unlikely celebrity—and a public villain.

Fortune

Brexit to blame for a third of Britain's food bill rise, researchers say

Britain's departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London School of Economics and other universities said.

Reuters

UK interest rates forecast to jump above 5% this year after higher-than-expected inflation – as it happened

Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts

The Guardian - UK

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Newsroom.co.nz

Is it inflation, or are businesses just greedy?

Greedflation: It's the latest buzzword in economics – is it behind soaring company profits?

Evening Standard

No politics, just economics— an economist’s stance on the political minefield of migration

Some thoughts on migration with a difference — no politics, just economics

The Conversation

Saving humanity: here's a radical approach to building a sustainable and just society

Collectively we are driving Earth and civilisation towards collapse. Human activities have exceeded planetary boundaries. We are changing the climate, losing biodiversity, degrading land, contaminating freshwater, and damaging the nitrogen and phosphorus cycles upon which we all depend.

The Guardian - UK

Record numbers of British workers are sick. No wonder the economy is too. But there is a cure

The Tories have failed to pursue the obvious answers to this crisis, punishing ill people and NHS strikers instead, says Guardian economics editor Larry Elliott

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The National (Scotland)

The economy works for so few people – what can we do about that?

Welcome to the brand new, free newsletter from Scotonomics and The National. Click the banner below to receive it straight to your inbox every…

The Guardian - UK

Michael Gove says Tories will not win election with culture wars

Minister says focus should be on economics and public services a day after Suella Braverman’s highly partisan speech

The National (Scotland)

WHENEVER we ask people what they want to see more of in The National, we’re told we don’t cover economic issues enough.

GamesRadar

Strategy games keep giving players the most depressing insights into real-world politics and economics

The political and economic lessons of games like Dwarf Fortress and Victoria 3 have one outcome: depression

Evening Standard

John Roberts net worth | Evening Standard Tech Rich List

Like many successful businesspeople, Roberts did not make the grade at school and failed his A-levels in mathematics, geography, and economics.

USA Today Sports Media Group

The Economics of Hosting Sporting Events at Casinos

Sports events are a staple of casino entertainment. While most people think of casinos as a place to gamble, they've also become important venues for sporting events. Casinos have much to offer sports fans: they're large enough to host an event but ...

Reason

Vernon Smith: Adam Smith's Relevance, Jimmy Carter's Deregulation, and the Fed's Biggest Mistake

"The greatest thing that ever happened to me was to be born in a free country of modest means and to have opportunities," says the Nobel Prize–winning economist.

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