Year 1 Micro
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Rescooped by Matt Smith from #Yr2Eco: Mic
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Proof of ID may be needed for NHS care, says health chief - BBC News

Proof of ID may be needed for NHS care, says health chief - BBC News | Year 1 Micro | Scoop.it
Patients could be asked to show proof of identity before they are treated, says health chief.

Via Phil Hensman
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Typhoo Tea: Cost of a cuppa to go up - BBC News

Typhoo Tea: Cost of a cuppa to go up - BBC News | Year 1 Micro | Scoop.it
The boss of Typhoo says the cost of tea in the UK must increase following the fall in sterling.
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Nudge for Good: 'Anti-pee' walls in Hackney will splash offenders

Nudge for Good: 'Anti-pee' walls in Hackney will splash offenders | Year 1 Micro | Scoop.it
A special wall coating designed to soak anyone who tries to urinate against it is being trialled by a London council.

Via Geoff Riley
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Amar Sandhu's curator insight, June 12, 2016 7:20 AM
A creative idea with potential to minimise the mentioned negative externalities.
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Alcohol limits cut to reduce health risks - BBC News

Alcohol limits cut to reduce health risks - BBC News | Year 1 Micro | Scoop.it
The first full guidelines issued on alcohol for 20 years cut recommended drinking limits and say that any amount of alcohol carries a risk to your health.
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Government Failure: Plastic bag charge: the unintended consequences of the 5p deterrent

Government Failure: Plastic bag charge: the unintended consequences of the 5p deterrent | Year 1 Micro | Scoop.it
Government's 5p plastic bag charge could make us less healthy, increase landfill waste, and threaten jobs
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Demerit Gods: Jamie slaps 10p sugar tax on all sweet drinks at his restaurants

Demerit Gods: Jamie slaps 10p sugar tax on all sweet drinks at his restaurants | Year 1 Micro | Scoop.it
Celebrity chef Jamie Oliver is to slap a 'sugar tax' on all sweet drinks served in his restaurants as a protest at the government's refusal to introduce one.
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Cameron Beck's curator insight, December 1, 2016 6:42 AM

Obesity is a form of market failure. With more and more people using the NHS due to being overweight it is costly for the government and the problem needs to be solved. By Jamie Oliver introducing the sugar tax it reduces the incentive for consumers to buy sugary drinks. This price increase can deter the consumer solving the problem in theory. However Jamie Oliver's Restaurant being a higher end restaurant means that this tax is unlikely to effect the consumer.   

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Negative Externalities: Traffic Congestion to Cost the UK Economy More Than £300 Billion Over the Next 16 Years

Negative Externalities: Traffic Congestion to Cost the UK Economy More Than £300 Billion Over the Next 16 Years | Year 1 Micro | Scoop.it
Study from INRIX and the Centre for Economics and Business Research Predicts Annual Cost of Congestion in the UK will Rise 63 Percent by 2030 to £21 Billion Read More >
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Public Goods: Flood defence works in Morecambe due to begin

Public Goods: Flood defence works in Morecambe due to begin | Year 1 Micro | Scoop.it
The first phase of a £10m flood defence scheme at a seaside town in Lancashire is due to begin.
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Sugar tax backed by health chiefs

Sugar tax backed by health chiefs | Year 1 Micro | Scoop.it
Public health chiefs advise the health secretary to introduce a sugar tax as part of a range of measures to tackle child obesity.
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Car smoking ban comes into force

Car smoking ban comes into force | Year 1 Micro | Scoop.it
A law banning smoking in vehicles where children are present comes into force in England and Wales.
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Cameron Beck's curator insight, December 1, 2016 6:46 AM

Smoking is a form of market failure. Passive smoking is causing a large problem, particularly for younger people. The government therefore adding this band forces consumers to stop smoking while in the car. Although it doesn't prevent smoking it is a start. 

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Negative Externalities: Air pollution 'link to stroke risk'

Negative Externalities: Air pollution 'link to stroke risk' | Year 1 Micro | Scoop.it
Air pollution is linked to an increased risk of stroke, a large global study in the British Medical Journal suggests.
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joshua23's curator insight, October 6, 2016 5:22 PM

Exhaust from cars is known to cause negative externalities such as pollution. But new research has shown that the pollution has negative externalities like increasing the risk of strokes

 

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Cigarette package law brought forward

Cigarette package law brought forward | Year 1 Micro | Scoop.it
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Mark Perekrestov's curator insight, January 28, 2015 7:18 AM

Tobacco is demerit good, which can can a market to enter market failure, as there is no effective allocation of resources, and economy can not achive an equilibrium, due to a high number of negative externalities. Although there were plenty of campains, researches, advertising etc. it still seems that there is a lack of information provided to consumers, as they still keep buying to tobacco products. Government have been intervening with a tax increase, on tobacco product, it have showed some result, as people started to think about they budgets, however still many not as convinced about their health. in order to corrects this problem of information failure, goverment intevined by placing regulation, changing packaging to less attractive, putting more statistics about health risks etc. in order to put people off smoking.

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Why are fewer people swimming? - BBC News

Why are fewer people swimming? - BBC News | Year 1 Micro | Scoop.it
The number of people regularly swimming is declining, but why?

Via Phil Hensman
Matt Smith's insight:
Merit Good, Best way to increase participation...?
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Phil Hensman's curator insight, November 29, 2016 3:40 AM
Merit Good, Best way to increase participation...?
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France becomes first country to ban all plastic cups and plates to save environment

France becomes first country to ban all plastic cups and plates to save environment | Year 1 Micro | Scoop.it
France has passed a new law to ensure all plastic cups, cutlery and plates can be composted and are made of biologically-sourced materials.
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Oil tumbles towards $45 a barrel

Oil tumbles towards $45 a barrel | Year 1 Micro | Scoop.it
The price of oil has tumbled towards $45 a barrel after disappointing US data crushed the market optimism which drove a 22pc surge in late August.
Matt Smith's insight:
Another nice elementary D&S article - oil prices fall as a result of larger than expected stocks.

Draw it? And what are the longer-term implications of this for the oil price?  
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Wine drinkers urged to drop glass size

Wine drinkers urged to drop glass size | Year 1 Micro | Scoop.it
A new scheme to help wine drinkers cut down on their alcohol consumption is being introduced in East Dunbartonshire.
Matt Smith's insight:

Reduction of Negative Externalities.

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Demerit Goods: Video game use linked to worse GCSEs, study suggests

Demerit Goods: Video game use linked to worse GCSEs, study suggests | Year 1 Micro | Scoop.it
Children who play video games twice a day are less likely to achieve five good GCSE grades, a study suggests.
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Dan Martin's curator insight, November 18, 2015 4:34 PM

This is an interesting story! I wonder if anyone has ever done a survey of attendance following the release of the latest FIFA game???

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Negative Externalities: Leicester MP Keith Vaz urges Coca-Cola Christmas truck tour to avoid city

Negative Externalities: Leicester MP Keith Vaz urges Coca-Cola Christmas truck tour to avoid city | Year 1 Micro | Scoop.it
A diabetic MP asks Coca-Cola not to bring its Christmas truck to Leicester, accusing the company of marketing a "real health hazard".
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Demerit Goods: Car smoking ban comes into force

Demerit Goods: Car smoking ban comes into force | Year 1 Micro | Scoop.it
A law banning smoking in vehicles where children are present comes into force in England and Wales, but police say they will be taking a non-confrontational approach.
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Demerit Goods: Processed meats do cause cancer

Demerit Goods: Processed meats do cause cancer | Year 1 Micro | Scoop.it
Processed meats - such as bacon and ham - do cause cancer, according to the World Health Organization.
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Esme's curator insight, November 16, 2015 4:14 AM
The market for the meat will be using less resources as the cancer scare will discourage people to buy the meat therefore leading to a decrease in demand of the meat, meaning less resources will be used for thus market. As they are encouraging people not to eat as much meet this will decrease the demand for it, meaning there should be a less resources being put in for this market as otherwise there would be more supply than demand Government policy suggest they should subsidise the meat with more Rich foods such as fibre fruit and vegetables to enrich their bodies and decrease the risk of cancer.
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Tobacco tax increase urged by parliamentary group

Tobacco tax increase urged by parliamentary group | Year 1 Micro | Scoop.it
Tax on tobacco should be raised to persuade smokers to quit, the All-Party Parliamentary Group on Smoking and Health says.
Matt Smith's insight:

 Lots of evaluation in here. Use it.

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Information Failure: Parents of obese children unable to recognise child is overweight

Information Failure: Parents of obese children unable to recognise child is overweight | Year 1 Micro | Scoop.it
A third of parents underestimate their child’s BMI, leading to fears many parents do not understand the risks associated with being overweight
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