U.K. Archives - Econlife

Economic News Roundup and paper towel shortages

How Shrinkflation Makes More Become Less

When a producer is concerned that a price increase will diminish sales and increase consumers’ ire, the other alternative is shrinkflation.

International Trade

The Fish Fight That Could Sink Brexit

As we approach a Brexit deadline, negotiations for a withdrawal deal could depend on cod, mackerel, and herring.

Weekly Economic News Roundup and EU budget battle

European Union

The EU Budget Battle

Called a “budget bloodbath,” the European Union (EU) cannot decide where to get the billions of euros it will no longer receive from the U.K.

weekly economic news roundup no deal Brexit

What's Trending

Six Facts: Understanding More About Brexit

The political and economic sides of Brexit’s problems involve the impact of a potential no vote in Parliament and controversial draft agreement issues.

Economic History

Deciding If Wine Glass Size Matters

The size of a typical British wine glass has ballooned during the past 300 years. Close to 70 ml in 1700, now it is more than six times bigger. Where are we going? To glass, plate, and portion sizes. Wine…

Weekly Economic News Roundup and shrinking products

Food and Drink

Throwback Thursday: Remembering When Package Sizes Shrunk

When manufacturers began downsizing packages in the U.K., we got less chocolate in a bar, fewer teabags in a box and smaller Creme Eggs.

Macroeconomic Measurement

Really Understanding the World

Seeing the world develop through bubble animation from Hans Rosling makes health and income statistics mesmerizingly enjoyable.

Weekly Roundup and Europe's produce shortage

The Market System

Another Oil Problem

Affecting millions of salads, there is a European and U.K. produce shortage while the supply of Spanish, Italian and Greek olive oil is also down.

Weekly Economic News Roundup and global fertility rates

Microeconomics

Comparing Parental Leave Plans

Including California and the U.K., the number and benefits of parental leave plans have been increasing but we also should consider the tradeoffs.

Business

Government Nudge Squad Questions

A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.