Below you’ll see any posts I’ve made about Economics in the news, and how I’ve tried to explain then using A Level/IB Level theory:
- UK InequalityThe UK is a very unequal nation – and that’s a fact. It’s gotten worse in the last 10-15 years as the harsh realities of Austerity have hit, and it only seems to be getting worse, but what are the actual stats? As the above map shows, Income in the UK is heavily centred around…More
- UK Inflation – January 2022You may well have seen the above headline, or something similar, doing the rounds this week on various news websites – The UK’s rate of Inflation has risen to 5.4%. But why is this happening? In economics, we say that there are two types of Inflation: Demand-Pull Inflation and Cost-Push Inflation. Demand Pull Inflation is…More
TJA Economics 