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Most recent posts

  • Resale price maintenance (RPM)

    posted to Economics Blog on Mon 7th Oct 13

    Resale price Maintenance RPM used to be a common practise for manufacturers to set a minimum price for retailers to sell their goods. In the UK, the use of RPM was quite common in the post-war period from clothes to books, records, clothes and electronic goods.

  • Would a cap on house prices work?

    posted to Economics Blog on Fri 4th Oct 13

    Readers Question: Would a cap on house prices work?Despite the recession and credit crunch, UK house prices continue to rise. (See: Why are UK house prices so high?) This has caused record levels of house price to income multiples. For homebuyers in London,

  • What happens if the US defaults on debt payments?

    posted to Economics Blog on Thu 3rd Oct 13

    A debt default means the US is unable to pay back US bond holders the full value of their bonds. If investors lost money from US Treasuries, it would cause widespread financial panic, leading to a fall in bank lending, rising bond yields, a fall in the value

Most popular posts

  • UK National Debt

    posted to Economics Blog on Fri 7th Mar 08

    The UK national debt is the total amount of money the British government owes the private sector.At the end of January 2008, UK National debt was 512.4 billion. (or 35% of National GDP)  National Debt as a % of GDP has increased from 30% in 2002 to 35%;

  • Who Owns UK Debt?

    posted to Economics Blog on Fri 28th Sep 12

    A frequently asked question is – Who does the UK Borrow from? Who owns the UK debt?Firstly, government debt is different from the external debt of a country (total owed by private and government sector to foreign debtors)It is also different to the balance

  • Why are UK house prices so high?

    posted to Economics Blog on Tue 17th Sep 13

    In the past five years, we have had a devastating global credit crunch, the longest and deepest recession since the 1930s (if not worse). Across Europe, we have seen mass unemployment and in countries like Spain, Ireland and Portugal, the housing market has

Latest posts linking here

  • Comment on Rogoff on UK Fiscal Strategy by Michael Hennigan - Finfacts

    posted to Comments for The Irish Economy on Sat 5th Oct 13

    @ francisOn ownership of gilts, overeas holders have stabilised @ 30% while the Bank of England overtook declining holdings by insurance cos/ pension funds.

  • New site and new optimism?

    posted to Economics Essays on Tue 17th Sep 13

    In the past few weeks, I've been working on a new version of the website and new shop facilities. These technical changes usually end up taking three times longer than you want. But, hopefully, I've now finished - leaving more time to write economics and less

  • Ohm's Law

    posted to The New Arthurian Economics on Tue 30th Jul 13

    "Eee equals eye are". That's it. That's Ohm's law. Or this way: E=IR Voltage equals current times resistance. It's the law. If you take Ohm's law and divide both sides by R, this is what you get: E/R=I So if you know the voltage and the resistance, you can