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Bathgate Academy Politics and Economics
News feed for students of Higher Politics and Higher Economics
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Budget 2014: Osborne's three clever tricks revealed

Budget 2014: Osborne's three clever tricks revealed | Bathgate Academy Politics and Economics | Scoop.it
Chancellor funds this year's giveaways by whacking the 'baddies' of 21st century Britain
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Britain’s five richest families worth as much as poorest 20 per cent, says Oxfam

Britain’s five richest families worth as much as poorest 20 per cent, says Oxfam | Bathgate Academy Politics and Economics | Scoop.it
The UK’s five richest families have accumulated more wealth than the whole of the bottom 20 per cent of the population, with the gap between rich and poor continuing to grow, according to research published today.
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Unit 4 Macro: Oxfam and IMF Focus on Inequality

Unit 4 Macro: Oxfam and IMF Focus on Inequality | Bathgate Academy Politics and Economics | Scoop.it
Inequality is an issue that remains firmly in the spotlight of the news media and also of policy makers in different countries..
Mr Nelson's insight:

The importance of inequality

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Forget the BRICs; Meet the PINEs | TIME

Forget the BRICs; Meet the PINEs | TIME | Bathgate Academy Politics and Economics | Scoop.it
While many emerging markets are taking a beating, a fantastic growth story in the developing world is widening and drawing in new countries
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The socialism of humanity: A tribute to Tony Benn

The socialism of humanity: A tribute to Tony Benn | Bathgate Academy Politics and Economics | Scoop.it
Tony Benn's socialism was one of humanity, rather than dogma.
Mr Nelson's insight:

Excellent interpretation of socialism - useful for Political Theory.

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Unit 2 Macro: Ageing Infrastructure and Economic Growth

Unit 2 Macro: Ageing Infrastructure and Economic Growth | Bathgate Academy Politics and Economics | Scoop.it
Here is a revealing quote from a special study published in March 2014
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Unit 2 Macro: Has 5 Years of Low Interest Rates helped the UK Economy?

Unit 2 Macro: Has 5 Years of Low Interest Rates helped the UK Economy? | Bathgate Academy Politics and Economics | Scoop.it
Year 12 economist Tim Rawlinson considers some of the macroeconomic effects of five years of ultra low policy interest rates set by the Bank of England..
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Money Makes the World Go Round

Money Makes the World Go Round | Bathgate Academy Politics and Economics | Scoop.it
Money, so it is said, makes the world go around. And to some extent it does. But it's not one of the functions of money that I teach in my lessons. The nature of money is fascinating and there are plenty of books that look at the subject, not least.
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Oligopoly price wars - who will be the winner?

Oligopoly price wars - who will be the winner? | Bathgate Academy Politics and Economics | Scoop.it
Two useful articles about the news that Morrisons have a £176m pre-tax loss for the year to February 2, and the strong impact that their plans to compete hard with the discount retailers has had on the stock market value of Tesco and Sainsburys. We often cite the UK supermarket.
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Q: What links income growth and the demand for poppies?

Q: What links income growth and the demand for poppies? | Bathgate Academy Politics and Economics | Scoop.it
One of the key skills that makes a good economist is the ability to make logical links and connect things that may appear unconnected.A nice example I came across today involved this skill.Q: What is the link between a growth in the middle classes and the need for more poppies?A:.
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OECD predicts UK recovery will be strongest in G7 over first half of 2014

OECD predicts UK recovery will be strongest in G7 over first half of 2014 | Bathgate Academy Politics and Economics | Scoop.it
British annual growth rate forecast to be 3.3% over first and second quarters, outpacing US, Japan, Germany, France, Italy and Canada
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UK Economy: Mind the Gap: London v the Rest

UK Economy: Mind the Gap: London v the Rest | Bathgate Academy Politics and Economics | Scoop.it
Mind the Gap! Evan Davis has produced two superb programmes on the regional imbalances in the UK economy. In the first he focuses on the agglomeration / network economies of scale that help to explain the skew in business investment towards the capital. In the second he looks at which.
Mr Nelson's insight:

Worth catching on iPlayer.

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Budget 2014: Ed Miliband statement

Budget 2014: Ed Miliband statement | Bathgate Academy Politics and Economics | Scoop.it
Ed Miliband's response to the 2014 Budget - in full and unedited
Mr Nelson's insight:

Impressive stuff from Ed?

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Unit 2 Macro: Structural Decline in the UK Steel Industry

Unit 2 Macro: Structural Decline in the UK Steel Industry | Bathgate Academy Politics and Economics | Scoop.it
If you are looking for a solid example of a manufacturing industry that experienced deep long term structural contraction then the UK steel sector is a good one to use.Global steel output has more than doubled in the last four years but what remains of the UK steel industry is.
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It's the BBC's rightwing bias that is the threat to democracy and journalism

It's the BBC's rightwing bias that is the threat to democracy and journalism | Bathgate Academy Politics and Economics | Scoop.it
Owen Jones: The claim of 'liberal bias' is a clever fairytale that allows the right to police the corporation and set the wider political agenda
Mr Nelson's insight:

BBC - biased? Almost definitely - but in favour of the Right or the Left?

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Corruption and the economy

Corruption and the economy | Bathgate Academy Politics and Economics | Scoop.it
Pub economics often explains the plight of poor countries in terms of the problems posed by corruption. That approach might have some value, and to raise the quality of your analysis of this topic, it’s helpful to say why and how it might arise, and the effects it might have. Rich.
Mr Nelson's insight:

Good piece on corruption and economics

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Factcheck: Do immigrants really cost Britain £22 million a day?

Factcheck: Do immigrants really cost Britain £22 million a day? | Bathgate Academy Politics and Economics | Scoop.it
Migration Watch claims labelled "sloppy" and "wrong" by academics.
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Economies and Diseconomies of Scale at PepsiCo

Economies and Diseconomies of Scale at PepsiCo | Bathgate Academy Politics and Economics | Scoop.it
This topic is very helpful when analysing the benefits or drawbacks arising from internal growth. Over the last couple of years the Economist has kept referring back to the case study of PepsiCo, and how the huge corporation has tried to control diseconomies of scale.Here’s the latest update – a proposed break-up.
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Fiscal drag and the 40% tax rate.

Fiscal drag and the 40% tax rate. | Bathgate Academy Politics and Economics | Scoop.it
There is plenty of evidence for the assertion that increases in indirect tax have led to the burden of of those regressive 'stealth taxes' falling on lower income earners. However, Norman Lamont, former Chancellor of the Exchequer, was on Newsnight on Thursday night to discuss the direct tax effects of.
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Can the Republicans win the Senate?

Can the Republicans win the Senate? | Bathgate Academy Politics and Economics | Scoop.it
THE Grand Old Party is in a fighting mood. On March 11th David Jolly, a Florida Republican, won a special election to the House of Representatives by relentlessly...
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Unit 2 Macro: UK R&D Spending Remains Low

Unit 2 Macro: UK R&D Spending Remains Low | Bathgate Academy Politics and Economics | Scoop.it
For years the government has tried to lift research and development spending as a share of national income - but seemingly to no avail. The latest data for 2012 finds that the UK is spending less on R&D than any other EU country. What might this mean for the supply-side.
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Bob Crow was a testament to what trade unionists can achieve

Bob Crow was a testament to what trade unionists can achieve | Bathgate Academy Politics and Economics | Scoop.it
Militant and hard-headed: but Bob Crow stood up for his members and showed what trade unionism can achieve
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Bob Crow was a daily reminder that workers can win

Bob Crow was a daily reminder that workers can win | Bathgate Academy Politics and Economics | Scoop.it
George Galloway: The RMT leader was a hero because he was authentic, and had no other master than those who elected him. His death leaves a huge gap
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The top five political Twitter gaffes

The top five political Twitter gaffes | Bathgate Academy Politics and Economics | Scoop.it
David Cameron accidentally started a meme on Wednesday when actors and comedians pretended to join his conference call with Barack Obama. There are plenty more political Twitter gaffes where that came from
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