Economics

2025-05-06

Trump’s College Research Cuts Could Trim GDP By At Least 3.8%, Study Finds

2025-04-25

Elon Musk and DOGE’s Savings May Be Erased by New Costs: Not only have they saved only a tiny fraction of what they promised but also there’s ‘a rough estimate that firings, re-hirings, lost productivity and paid leave of thousands of workers will cost upward of $135 billion this fiscal year.’

2025-04-21

There’s a Reason the World Is a Mess, and It’s Not Trump: Economic stagnation.

The Guardian view on City deregulation: a recipe for recklessness: ‘…the Treasury seems to have forgotten one of the major lessons of the 2008 financial crisis: when regulation is lax, risks accumulate’.

2025-04-14

‘Electoral wake-up call’: dozens of Labour MPs risk losing majorities over welfare cuts: ‘…almost 200 Labour MPs have a majority smaller than the number of recipients of personal independent payments in their constituencies’

2025-04-11

Apple said to be flying iPhones from India to US to avoid Trump tariffs: It’s estimated that iPhones would cost $3500 if they were made in the US.

2025-04-10

Half of England’s state secondaries forced to cut staff in budget squeeze, poll finds: As well as other activities - this needs fixing urgently.

2025-04-07

Trump tells UK to buy chlorinated chicken from US if it wants tariff relief

2025-04-06

‘Profiting from misery’: how TikTok makes money from child begging livestreams : ‘Begging live streams are actively promoted by the algorithm and TikTok profits from the content, taking fees and commission of up to 70%.’

2025-04-05

Reciprocal Tariff Calculations: The official methodology behind those bizarre numbers, in my to-read pile.

Has the Trump administration used AI to calculate tariffs?: Well, probably , but either way their claims as to other countries' tariffs on the US are absolutely ridiculous.

2025-04-04

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street: Self-proclaimed great businessman doing what self-proclaimed great businessmen do.

2025-03-27

Rachel Reeves accused of balancing books on back of UK’s poorest: Based on this year’s Spring Statement.

2025-03-23

All UK families ‘to be worse off by 2030’ as poor bear the brunt, new data warns: Labour need to correct this asap.

2025-03-20

Reeves to reveal biggest UK spending cuts since austerity in spring statement: Really not something to be proud of.

2025-03-11: Billionaires at Trump’s Swearing-In Have Since Lost $200 Billion Donald Trump inadvertently …

2025-03-04

‘Tesla Takedown’ protesters gather outside showrooms to rally against Elon Musk’s role with DOGE: Musk lost $52 billion due to the plummeting price of Tesla stock last month.

2025-03-01: Citigroup bank accidentally credits someone with trillions of dollars

2025-02-15

Never Forgive Them: A long and eviscerating read from Ed Zitron on how and why the tech industry is making our lives substantially worse than they need to be - basically their incentives are no longer aligned with us, their users.

2025-02-11

Elon Musk’s Big Government Grift: An article from 2020 on Musk’s mission ‘to get unimaginably rich by maximally gaming the government’s largesse…taking advantage of programs meant to help people who earn in a lifetime what he earns every minute.’

Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies: Old news, but let’s remember Musk’s success is at least partly down to government largesse.

More Than 800K Have Lost $2B on Trump’s Meme Coin: He, of course, profited vociferously.

2025-02-09: Statista visualises some data from Duetti’s pretty interesting 2024 Music Economics Report. …

2025-02-06: The Mitigating Unethical State Kleptocracy Act

2025-01-29: Labour might be claiming that “growth” is their number one priority - and sure, …