Tag Archives: ECON3
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Corbyn’s rail re-nationalisation is the right first policy, but the devil will be in the detail.
2September 21, 2015 by Paul Goldsmith
Margaret Thatcher didn’t privatise the railways. Her main intellectual guru on privatisation, Nicholas Ridley, didn’t think they should be privatised. …
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Explaining the Shell – BG Group merger
1April 20, 2015 by Paul Goldsmith
Whenever there is a large fall in oil prices, the largest energy extraction firms start sniffing around the smaller ones. …
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Profit caps for private healthcare providers – The wrong answer to a problem that doesn’t exist
1March 30, 2015 by Paul Goldsmith
I wish someone could take Ed Miliband by the lapels and ‘help’ him to understand that demand has to meet supply. …
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Should our water companies ever really be ‘private’ companies?
Leave a commentMarch 14, 2015 by Paul Goldsmith
I advise you not to read this whilst eating, or even attempting to digest. The water around you is full …
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More paternity leave isn’t about the money – it requires a massive culture change
Leave a commentFebruary 13, 2015 by Paul Goldsmith
There has been much kerfuffle this week about Labour’s plans to double paid paternity leave to four weeks (doubling …
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What to do about the high cost of low price milk?
Leave a commentFebruary 7, 2015 by Paul Goldsmith
It is often the case that when people ask whether a staple food going down in price is ‘good for …
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Why is there a correlation between immigration and inequality?
Leave a commentJanuary 24, 2015 by Paul Goldsmith
Professor Danny Dorling from Oxford University visited our school this week to talk about inequality. It was the very last thing …
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A level choices are the key to closing the gender pay gap
4January 4, 2015 by Paul Goldsmith
We’ve been debating the gender pay gap in Economics A-level over the past few weeks. In particular, students are asked …
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How do we solve a problem like Food Banks?
Leave a commentDecember 10, 2014 by Paul Goldsmith
The Archbishop of Canterbury, Justin Welby, has pointed out that he believes that people going hungry in this country is …
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Why has the fall in unemployment led to a FALL in tax receipts?
4October 15, 2014 by Paul Goldsmith
In a fascinating article for the Times (click here to read), Ed Conway, the economics editor of Sky News, raises …
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When will someone in politics ‘do the right thing’ themselves and insist that the living wage be paid?
Leave a commentOctober 8, 2014 by Paul Goldsmith
For the first time in British history, the majority of people classified as living poverty are in work. Low pay …
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Unpicking the mansion tax
Leave a commentOctober 6, 2014 by Paul Goldsmith
Oh the mansion tax, the mansion tax, the mansion tax….it’s been talked about for a long time and now, given …
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Logical fallacies and why a 50% threshold for a strike ballot should be imposed
Leave a commentSeptember 27, 2014 by Paul Goldsmith
Boris Johnson has raised the issue of strikes that he doesn’t regard as democratic. He points out that at the …
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The collapse of Phones4u gives us a look inside the mobile phone market – and it isn’t pretty
Leave a commentSeptember 26, 2014 by Paul Goldsmith
The collapse of Phones4u looks, at first, like something that isn’t in consumers’ interest. Given what they were doing, which …
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Kansas tax cuts show that the Laffer curve works both ways
Leave a commentSeptember 6, 2014 by Paul Goldsmith
Being a great fan of seeing economic theory in action, I can’t help revelling in watching what is happening in …
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Why mobile games are the new route to building an all-consuming entertainment brand
Leave a commentAugust 31, 2014 by Paul Goldsmith
A great example of how creative industries are changing is the upcoming life cycle of ‘Best Fiends’, a new games …
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Should we be offering free summer holiday meals for the poorest?
1August 28, 2014 by Paul Goldsmith
I yield to no-one in my insistence that the existence of food banks in this country is a stain on …
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Airbnb are winning, but what if the playing field were levelled?
Leave a commentAugust 27, 2014 by Paul Goldsmith
As the summer holidays come to an end, I wonder how many of you will have come back from a …
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How strong is the case for nationalising the mobile phone companies?
1August 23, 2014 by Paul Goldsmith
Should we renationalise the mobile phone companies? If you had asked me that until about a week ago I would …
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Universities UK tuition fee impact figures should lead to a discussion about what a university education is for
Leave a commentAugust 12, 2014 by Paul Goldsmith
So Universities UK published a report recently that is the first proper attempt to analyse the effect of raising university …
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However much profit you make, cashflow is king.
Leave a commentJuly 30, 2014 by Paul Goldsmith
Cashflow is king for a business. One of the first things that I try and get over to students when …
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Politics above economics in the energy market hurts consumers
Leave a commentJune 11, 2014 by Paul Goldsmith
This should be an article about economics. However, it has an unavoidable political dimension. What is going on in the …
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All eyes on Seattle: A ‘proper’ minimum wage is set at last
Leave a commentJune 9, 2014 by Paul Goldsmith
After a two year campaign driven by low-paid fast-food workers that had galvanised the electorate, Seattle’s newly elected mayor, Ed …
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‘Collective pensions’: Another step towards defusing our demographic time-bomb?
Leave a commentJune 2, 2014 by Paul Goldsmith
The government have widely trailed an initiative they are intending to put in Wednesday’s Queen’s Speech – to allow workers …
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Regulating the Energy market: Not as easy as it looks
Leave a commentJune 1, 2014 by Paul Goldsmith
Ed Miliband was right, and supported by ex-Tory Prime Minister John Major, to highlight that the market for gas and …
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A2 Economics technique focus 6: And finally…the conclusion
2May 30, 2014 by Paul Goldsmith
If you want to be able to access the higher level marks in economics A-level essays, an effective conclusion is …
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A2 exam technique spot 5: selecting the right question
Leave a commentMay 29, 2014 by Paul Goldsmith
Whatever exam board you are taking over the next two weeks, the key choice is going to be that of …
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A2 Microeconomics technique spot 4 – How to write the perfect intro
Leave a commentMay 28, 2014 by Paul Goldsmith
There is no hard and fast rule for introductions in essays. The mark schemes don’t actually even mention the word. …
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A2 Economics Micro technique spot 3 – when to use real-world examples
Leave a commentMay 27, 2014 by Paul Goldsmith
Another question pupils have is about the use of real-world examples in their essays. This becomes a particularly important issue …
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A2 Economics Micro technique spot 2 – 1st best, 2nd best, 3rd best, 4th best
Leave a commentMay 26, 2014 by Paul Goldsmith
Pupils studying competition policy are often trying to get their head around what the regulatory authorities are trying to achieve. …
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A2 Economics Micro technique spot 1 – Use your full toolkit
Leave a commentMay 25, 2014 by Paul Goldsmith
Once we turn your focus from the AS economics exams towards A2 we need to adjust our sights a bit. Those of …
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Pfizer – Astrazeneca takeover – the barefaced cheek of Soriot
Leave a commentMay 14, 2014 by Paul Goldsmith
When AstraZeneca Chief Executive Pascal Soriot needs to raise money for investment in new drug development, something he would have to …
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