open economics
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open economics
A place to share some economics-related gems, a subject I teach.
Curated by James Penstone
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Richest 0.1%own half of nation's assets - The Nation

Richest 0.1%own half of nation's assets - The Nation | open economics | Scoop.it
Richest 0.1%own half of nation's assets The Nation NESDB study reveals massive wealth inequality; 15.6 million deemed 'poor'
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The minimum wage in America is pretty damn low

The minimum wage in America is pretty damn low | open economics | Scoop.it
It's nearly the lowest of any rich country.
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Viewpoint: Five ways the world is doing better than you think

Viewpoint: Five ways the world is doing better than you think | open economics | Scoop.it
Many people are convinced life is getting worse across the planet, but they have failed to notice the enormous progress most countries have made in recent decades.
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Is it 1997 all over again for SE Asia?

Is it 1997 all over again for SE Asia? | open economics | Scoop.it
Plunging stock markets, sliding currencies, capital outflows and current account deficits. It sounds like 1997 all over again in South East Asia. But it isn't, at least, not yet.
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Do showcase spending schemes work?

Do showcase spending schemes work? | open economics | Scoop.it
Thailand's government has carried out various spending programmes designed to boost domestic demand and reduce dependence on export markets, but at considerable cost.
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UK wages drop among worst in Europe

UK wages drop among worst in Europe | open economics | Scoop.it
Wages in the UK have seen one of the largest falls in the European Union during the economic downturn, according to official figures.
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China's exports and imports decline

China's exports and imports decline | open economics | Scoop.it
China reports weaker than expected trade data, underlying concerns of a slowdown in the world's second-largest economy,
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Free Technology for Teachers: Life on Minimum Wage - A Hands-on Economics Lesson

Free Technology for Teachers: Life on Minimum Wage - A Hands-on Economics Lesson | open economics | Scoop.it
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Britain's trade deficit as worrying as its budget deficit

Britain's trade deficit as worrying as its budget deficit | open economics | Scoop.it
In the past, a 25% depreciation in sterling would have been sufficient to boost exports, limit imports and turn the trade figures around – not this time
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Australia's good life comes at a price

Australia's good life comes at a price | open economics | Scoop.it
The high cost of living in one of the only countries to come out of the financial crisis without a recession.
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Pound in big fall against euro

Pound in big fall against euro | open economics | Scoop.it
The pound weakens further against the euro, seeing its biggest one-day falls in almost three years, on continuing signs the eurozone economy is improving.
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Spain young jobless rate hits 55%

Spain young jobless rate hits 55% | open economics | Scoop.it
Spain's unemployment rate jumped to a record 26% in the last three months of 2012, with the rate for young people out of work topping 55%.
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Girls 'hit hard by world recession'

Girls 'hit hard by world recession' | open economics | Scoop.it
A shrinking world economy is painful for many, but girls and women suffer most from the effects of recession.
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Japan close to escaping deflation

Japan close to escaping deflation | open economics | Scoop.it
Japanese consumer prices rise at the fastest pace in five years, showing government policies to end its deflation problem may be taking effect.
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British wage-earners have taken £5,000 pay cut in five years, figures show

British wage-earners have taken £5,000 pay cut in five years, figures show | open economics | Scoop.it
Government figures will fuel debate about living standards before 2015 general election
James Penstone's insight:

Downwards sticky wages, anyone?

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How does a country become rich?

How does a country become rich? | open economics | Scoop.it
Singapore now the third highest average income in the world. How did it do it? And why are social tensions now showing?
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BBC NEWS | Europe | Pole wakes up from 19-year coma

BBC NEWS | Europe | Pole wakes up from 19-year coma | open economics | Scoop.it
A Pole wakes from a 19-year coma to find the Communists ousted from power and no more petrol queues.
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Eurozone comes out of recession

Eurozone comes out of recession | open economics | Scoop.it
The eurozone has emerged from recession after 18 months of economic contraction, figures indicate.
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Map: Which country pays the most bribes?

Map: Which country pays the most bribes? | open economics | Scoop.it
One person in four has paid a bribe to a public body in the last year, according to a survey carried out in 95 countries by Transparency International.
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Eurozone unemployment at new record

Eurozone unemployment at new record | open economics | Scoop.it
The unemployment rate in the eurozone reached a new record high of 12.2% in April, with 19.38 million people now out of work.
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Ice cream economics

Ice cream economics | open economics | Scoop.it
A charge of 64 Euros (£54) for four ice cream cones seems like a lot. But how much are we prepared to pay for one of our favourite treats?
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Park Geun-hye's economic challenge

Park Geun-hye's economic challenge | open economics | Scoop.it
As South Korea's new president Park Geun-hye takes charge, she is facing challenges on various fronts to kick start a sluggish economy.
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Japan posts record trade deficit

Japan posts record trade deficit | open economics | Scoop.it
Japan's monthly trade deficit hits a record in January after its recent monetary policy stance weakened its currency sharply.
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The perils of Beijing's great smog

The perils of Beijing's great smog | open economics | Scoop.it
Beijing's air pollution has soared to hazardous levels, but cleaning up the problem is not straightforward and is dependant on prioritising quality of life over economic growth, says Martin Patience.
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Japan runs record trade deficit

Japan runs record trade deficit | open economics | Scoop.it
Japan posts a record high trade deficit of 6.9tn yen ($78bn) for 2012, as exports to Europe and China continue their plunge.
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