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Posts By: peter
Case Study: Inferior Goods and Second Hand Car Prices
source My feeling that used cars are cheap is not an illusion of ageing, like believing policemen are getting younger. The…
Read MoreOil Prices Continue to Fall
If You Want to Understand Markets, Look at Oil The oil price continues to fall: today (December 8th 2015) Brent crude…
Read MoreEU Support is Slipping Away
source EU Support Slipping Away The European Union vote, likely to be in June or September 2016, presents one of the…
Read MoreRecommended Textbook Sloman and Garrett Economics
We recommend John Sloman and Dean Garrett’s textbook Economics (or the shortened version, Essential Economics). There are three reasons why we…
Read MoreAdvanced Article: Efficient Markets and Externalities
Externalities are to markets as anomalies are to scientific laws October 28, 2011 Economic externalities are to efficient markets as any consistent…
Read MoreCurrent Account Deficit and Foreign Investment (Nov 2015)
source Deloitte’s Monday briefing November 9th 2015 A subtle analysis of our current account deficit reveals that it is a barometer…
Read MoreBudget Forecast June 2015 and Tables
Summer Budget 2015 Published 8 July 2015 Contents Executive summary The UK economy and public finances Rewarding work and backing aspiration…
Read MoreFinancing the Fiscal Deficit
On October 20th the Government held a bond or gilt-edged stock auction. By this method it finances the Government deficit, forecast…
Read MoreCost and Benefits of EU Membership
The Politics and Economics of the EU The question is likely to be: “do you want to leave or remain in…
Read MoreAdvanced Article: A Critique of Keynesian Economics
source Keynesianism Some updates and corrections have been made to this essay since posting (16 Aug 2013). Keynesianism is the casual…
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