For decades, the migration of skilled professionals from developing to developed countries has sparked heated debates among policymakers and economists. Often seen as a classic example of "brain drain ...

For 170 years, Cadbury's chocolate has carried the mark of royal approval, an emblem bestowed first by Queen Victoria in 1854. This seal, known as a royal warrant, is more than ceremonial. It’s a ...

Starbucks baristas across the United States are taking to the picket lines in a high-profile strike, drawing attention to economic dynamics that ripple far beyond coffee shops. Over 11,000 workers, ...

A legal battle between Yorkshire’s last commercial Brussels sprout grower and German retail giant Aldi has brought key economic concepts to the forefront. The case highlights the economic implications ...

The measure of how effectively economic growth reduces poverty, with higher elasticity indicating stronger poverty reduction.

In the world of economics, theories often serve as a lens through which we attempt to understand complex human behaviour and market dynamics. These theories, however, rely on simplified assumptions ...

From next April, households in England and Wales will face a sharp rise in water bills—an average increase of £86 in the first year alone. This is no small splash: it’s part of a planned 36% hike over ...

This "Challenging Assumptions" video highlights critical instances where common economic theories rely on simplified assumptions that may not hold true in real-world scenarios Assumption: Consumers ...

Nations experiencing high levels of political instability, conflict, or economic fragility, often requiring significant job creation to stabilize their economies.

Dr. Charles Handy, who passed away on December 13, 2024, at the age of 92, was truly a towering figure in the realm of management and organisational theory. His profound insights, groundbreaking ...

What has been happening to global production per capita for selected fruits, vegetables & nuts? Using these OurWorldinData data charts about per capita food production of fruit, vegetables and nuts, ...

Professor Richard Easterlin (1926–2024) leaves behind a profound and multi-faceted legacy in the field of economics. As a distinguished professor of economics at the University of Southern California, ...