1. Introduction to Ecos 2014
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1. Introduction to Ecos 2014
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Bank of England governor: capitalism doomed if ethics vanish

Bank of England governor: capitalism doomed if ethics vanish | 1. Introduction to Ecos 2014 | Scoop.it
Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down
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Unwinding the Coalition's economic pantomime - Eureka Street

Unwinding the Coalition's economic pantomime - Eureka Street | 1. Introduction to Ecos 2014 | Scoop.it
Economics is full of circular arguments. The Government is on the one hand arguing — most notably with the SPC Ardmona case, the exit of the car manufacturers and Qantas — that it will not get involved in supporting Australia's industry base. But then it argues that its policies will boost Australia's industry base. Lower unemployment will inevitably follow. For the first time ever it is apparently possible to have it both ways. By David James
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What exactly is an entrepreneur?

What exactly is an entrepreneur? | 1. Introduction to Ecos 2014 | Scoop.it
Entrepreneurs are everybody’s favourite heroes. Politicians want to clone them. Popular television programmes such as “The Apprentice” and “Dragons’ Den”...
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G20 to target jobs and growth | Sky News Australia

G20 to target jobs and growth | Sky News Australia | 1. Introduction to Ecos 2014 | Scoop.it
Sky News is Australia's leader in 24-hour news.
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Deciphering capitalism's corrupt metaphors - Eureka Street

Deciphering capitalism's corrupt metaphors - Eureka Street | 1. Introduction to Ecos 2014 | Scoop.it
'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious. By David James
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$26b wiped off in worst day for shares in six months

$26b wiped off in worst day for shares in six months | 1. Introduction to Ecos 2014 | Scoop.it
More than $25 billion was wiped off the value of the Australian market on Tuesday as shares suffered their biggest daily fall since August.
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ssecos's comment, February 4, 2014 4:14 AM
Is the Australian economy in for a rocky road ahead?
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Slower growth rate of concern - to the materialists

Slower growth rate of concern - to the materialists | 1. Introduction to Ecos 2014 | Scoop.it
A lot of people believe Tony Abbott and Joe Hockey begin their first full year in office facing a daunting economic challenge, even a crisis.
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Happy Planet Index

Happy Planet Index | 1. Introduction to Ecos 2014 | Scoop.it
The Happy Planet Index (HPI) is the leading global measure of sustainable well-being. The HPI measures what matters: the extent to which countries deliver long, happy, sustainable lives for the people that live in them.
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Problems of Economic Growth: Inside China's most polluted city

As Beijing residents are told to limit time outside because of pollution, some of the 10 million residents in Shinjiazhuang, China's most polluted city, who ...
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Fotheringham's curator insight, March 26, 2013 7:45 AM

Yikes, and our colleagues are up around Shinjiazhuang... yikes.

 

GENA4 2014's curator insight, May 20, 2013 4:38 AM

AQA - context of CHina's economic growth on the UK economy - think about our ethical awareness, social cost in China etc

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Gender gap costs country $195b, says economist

Gender gap costs country $195b, says economist | 1. Introduction to Ecos 2014 | Scoop.it
Australia is missing out on $195 billion or 13 per cent of gross domestic product by failing to close the gender gap, chief economist at Goldman Sachs Tim Toohey said.
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A walk on the wild side

A walk on the wild side | 1. Introduction to Ecos 2014 | Scoop.it
INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted...
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May be of interst to Y11 economists comparing Australia and India.

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Local car industry hits lowest ebb

Local car industry hits lowest ebb | 1. Introduction to Ecos 2014 | Scoop.it
Sales of locally made family sedans are at their lowest in memory as buyers flock to imported SUVs and utes.
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How Scarcity Leads to Spending | TIME.com

How Scarcity Leads to Spending | TIME.com | 1. Introduction to Ecos 2014 | Scoop.it
Will economic uncertainty make you save more — or spend more? The answer may depend on your childhood experience, a new study suggests.
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Economists back carbon pricing as effective tool against climate change

Economists back carbon pricing as effective tool against climate change | 1. Introduction to Ecos 2014 | Scoop.it
Three of Australia's senior economists have backed carbon pricing as the most effective way to reduce carbon emissions.
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Why Mexican drug-traffickers started smuggling iron ore to China

Why Mexican drug-traffickers started smuggling iron ore to China | 1. Introduction to Ecos 2014 | Scoop.it
IT IS big, bulky, you can’t snort it, and it doesn’t get you high. Per tonne, it sells for about $125, compared with cocaine, which fetches at least $50m...
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Treasurer Joe Hockey warns age pension age may be raised to 70

Treasurer Joe Hockey warns age pension age may be raised to 70 | 1. Introduction to Ecos 2014 | Scoop.it
AUSTRALIANS have been warned they will have to work longer, possibly to 70, before they have a chance of getting an age pension on retirement.
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Lower dollar working but inflation questions remain, say RBA

Lower dollar working but inflation questions remain, say RBA | 1. Introduction to Ecos 2014 | Scoop.it
The Reserve Bank of Australia says the local economy is gaining strength thanks to the falling Australian dollar and the impact of previous interest rate cuts.
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Grief for Great Barrier Reef, say environmentalists

Grief for Great Barrier Reef, say environmentalists | 1. Introduction to Ecos 2014 | Scoop.it
They are two of Australia's most celebrated places of natural beauty, sitting at either end of the country. Both are world heritage protected. And in the eyes of conservationists both took significant blows on Friday.
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ssecos's comment, February 4, 2014 4:15 AM
How does destruction of a World Heritage Site make economic sense?
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The Super Disappointing Economics of the Super Bowl - The Fiscal Times

The Super Disappointing Economics of the Super Bowl - The Fiscal Times | 1. Introduction to Ecos 2014 | Scoop.it
The Fiscal Times
The Super Disappointing Economics of the Super Bowl
The Fiscal Times
Don't believe the hype: Despite predictions of a huge economic boom, this year's Super Bowl is shaping up to be more of an economic dud.
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Digital currencies: Bitcoin faces test of time - and regulators

Digital currencies: Bitcoin faces test of time - and regulators | 1. Introduction to Ecos 2014 | Scoop.it
Bitcoin backers are determined to make it happen, but for now central banks are refusing to take it at face value.
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We worship materialism at our peril

We worship materialism at our peril | 1. Introduction to Ecos 2014 | Scoop.it
There is a contradiction at the heart of the way we organise our lives, the way governments regulate society and even the way the Bureau of Statistics decides what it needs to measure and what it doesn't.
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Consumers  & the economy.

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Stitch in time makes billions for Zara and its founder

Stitch in time makes billions for Zara and its founder | 1. Introduction to Ecos 2014 | Scoop.it
Amid the pervading gloom in the retail sector, one fashion chain is so dazzlingly successful its founder has overtaken Warren Buffett as the third-richest man in the world.
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Hannah Dening's comment, April 11, 2013 9:49 PM
I feel Zara will take over the Retail industry
Georgie Abdallah's comment, April 11, 2013 9:55 PM
Hannah, i completely agree
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Reasons for Growth in Globalisation: How containerization shaped the modern world - Sir Harold Evans

Reasons for Growth in Globalisation: How containerization shaped the modern world - Sir Harold Evans | 1. Introduction to Ecos 2014 | Scoop.it
Sometimes a single unlikely idea can have massive impact across the world. Sir Harold Evans, the author of They Made America, describes how frustration drove Malcom McLean, a small-town truck driver, to invent the shipping container.

Via Matt Smith
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Matt Smith's curator insight, February 8, 2013 7:34 AM

Lovely video about the invention of containerisation. Added some questions at the end for you to do!

Anne TUMAK's curator insight, March 18, 2014 11:25 AM

Great video...

 

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Pointers, yes, but the formula for success is elusive

Pointers, yes, but the formula for success is elusive | 1. Introduction to Ecos 2014 | Scoop.it
Despite the contrary impression they like to convey, there's a lot economists don't know.
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Canned air for sale in China, as blanket of smog returns

Canned air for sale in China, as blanket of smog returns | 1. Introduction to Ecos 2014 | Scoop.it
Entrepreneur Chen Guangbiao sells canned air to make a point about toll on environment.
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Nicola Orphanides's comment, April 11, 2013 9:54 PM
I think that it is ridiculous that China is selling air to people in the country. They are selling the can's really expensive as they know that the air in their country is very polluted where they should spend money to help clean the environment to help China's health
Siahn Rees's comment, April 11, 2013 9:59 PM
Canned air? Well it could be a good short term solution, but only to China's citizens. What about China's environment? The Government should start thinking of long term solutions, that would not only help the environment but it's citizens as well. Sure they may be talking about it, but what about actions?
Yuvita Ie's comment, April 11, 2013 10:03 PM
China has got to solve their environmental problems ASAP if they are going as far as to sell canned air! They need to reanalyse their production methods and improve them so that their citizens won't have to wear masks everywhere