For decades, economists have been known for their commitment to theories that treat ordinary consumers and workers as highly rational decision-makers. Until recently, the idea that psychological ideas and research methods could be useful in economics was not taken seriously.
Two and a half billion coffee cups are used and thrown away each year in the UK, but less than 1 in 400 – just 0.25% – are recycled. Due to the environmental issues, some MPs are calling for a “latte levy” of 25p per cup .
As a first-time expectant father, I will soon be taking statutory paid paternity leave to help out at home wherever I can, through those early tiring weeks after our baby is born. As an academic, I also have a relatively flexible job, and will be able to adjust my working pattern so that my wife can go back to work and continue her career after maternity leave. My research on Modern Fatherhood makes me realise how lucky I am to have access to such family friendly working. Many are not so lucky, and fathers in particular do not have the opportunity to re-balance their work and family life, should they want to.
The new year is a time of new beginnings. Perhaps at some point over the last few days, you’ve found yourself engaging in the traditional custom of the New Year’s Resolution. A common resolution is improving health and physical fitness; if you’re reading this, the odds are fairly good you’re hoping to be more active in 2018. Equally, the odds are fairly good that you may still be feeling the aftereffects of a bit too much merrymaking during the holiday season. Either way, that little voice in your head might be asking: “Won’t my time be slower than I’d like? Maybe I should start doing something on my own, and join a group activity later.”
If the government plans to give you the possibility to own the land that you have been farming for generations, would you go on the street in protest, facing the risk of detention? You may think this is a rhetorical question, but that is exactly what happened in Kazakhstan last year. Continue reading “Should I own or should I lease? An economist’s thoughts on land reform in Kazakhstan.”
We, the UEA School of Economics, are the only Economics department in England to have received the Athena Swan Bronze Award. The significance of this achievement to us as a group and the wider discipline could not be understood better than in the context of the recent discussion on gender imbalance in economics in the popular press (See; Where are all the women in Economics?).
By Dr Jack Fosten
The dust has far from settled after a week in Catalonia which has sent shockwaves around the world. Events began on Sunday 1st October (termed “1-O” by the Catalans) with a banned referendum brought about by the separatist-leaning Catalan president Carles Puigdemont in defiance of orders from the Spanish government. Rather than permitting the vote to proceed peacefully in the same way as a similar referendum held in November 2014, the strategy of Prime Minister Mariano Rajoy’s government was to use police force to shut down the referendum and prevent Catalans from voting. What followed were ugly scenes, beamed across the globe, with heavy-handed police beatings dealt out to civilians in order to block off polling stations and remove ballot boxes.
The Brazilian football Neymar has been transferred from Barcelona to Paris Saint-Germain (PSG) for a world record fee of £200m (€222m). It has also been reported that he will earn £782,000 (€865,000) a week. The five year deal will mean PSG will have shelled out close to £400m. These are extraordinary sums of money – even for football.
As parties tour the country parading their shiny manifestos and skilfully dodging the tough questions from the press, much confusion ensues over the problem of inequality in higher education and how best to address it.