ultranomics

What do TV viewers in the UK and Pakistan have in common? In this Ultraletter we discuss one of editor JQ’s pet hates – the Licence Fee. Talking of pets, TK takes a brief look at the market outlook and whether this is a buying opportunity, or just a dead-cat bounce.

Frugalista, Obamanomics? These are two funky new terms that we have come across this week whilst surfing the web for economics news. We discuss here something called ‘The Paradox of Thrift’ – a term coined by the economist John Maynard Keynes who stated that although being frugal and thrifty seems to be the best policy for individuals, as far as the overall economy goes it can be damaging.

This article discusses the Mumbai terror attacks, The Art of War, Free market capitalism, UK housing, jobs and companies. It also touches on something economists call “The Broken Window Fallacy”.