Special topics in The Monday Briefing

Which are the most and least expensive cities for expats?

Cities_MMB
Holidays often prompt ideas of a new life in some idyllic part of the world. But money matters and liveable, pleasant places are often pricey. Exchange rates are obviously key and the ups and downs of foreign exchange markets can deliver odd outcomes (at a village market in Provence yesterday I paid around 50% more for a week’s shopping than I would at a Waitrose in London).

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Posted on 13/08/2018

Deloitte Monday Briefing: Holiday Quiz

MMB holiday image

Our summer quiz offers a test of your knowledge of holiday-related trivia through an economics lens. The answers along with a brief explanation are at the end of this note.

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Posted on 06/08/2018

Summer Reading List

Summer
With the holiday season upon us we are launching our summer reading list. All are available free and on-line. You can save these articles on your iPhone or iPad's reading list by opening the links on Safari and tapping on the share icon (the box with an arrow). To print these articles please use the print icons, where available, on the webpages to ensure proper formatting.

 

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Posted on 09/07/2018

Six news stories for Christmas

Doughnut
Here is our choice selection of the "and finally" news stories from the Monday Briefing in 2017. Credit goes to my colleagues for tracking down these stories and for forging the right pun or quip. The Monday Briefing is taking a break until Monday 8th January. In the meantime the Deloitte economics team - Ian, Debo, Alex, Rebecca and Tom - wish you a very merry Christmas and a happy New Year.

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Posted on 18/12/2017

Christmas Quiz 2017

Christmas Quiz gift ribbon
Our Christmas Quiz offers an eclectic test of knowledge of economics and business. The answers, and a brief explanation of the factors at work, are at the end of this note.

 

  1. Which of the following countries has the most affordable housing market relative to incomes, according to The Economist’s house price affordability index?

 

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Posted on 05/12/2017

Tenth birthday edition

10 years Monday Briefing
The Monday Briefing reached its tenth birthday over the summer. This week’s Briefing offers some thoughts on the lessons we’ve learned and the errors and successes we’ve made along the way.

Perhaps the most obvious lesson is that the economy depends on a stable financial system. In getting this right before the crisis, and emphasising it in the Briefing, I can’t claim great prescience. The devastating effect of the bursting of Japan’s banking and asset bubble in the early 1990s provided me, and others of my generation, with a graphic illustration of the effects of a financial collapse.

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Posted on 24/10/2017

51st thing that made the modern economy

Tin can
Invention lies at the heart of industry and economics. The question of what systems best foster innovation and which innovations have the greatest effect on economic welfare have long occupied economists.

Over the last year the author and economist Tim Harford has presented a BBC radio series describing the fifty innovations he believes have ‘made the modern economy’.

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Posted on 18/09/2017

Don’t overdo the productivity pessimism

Innovation picture


Economists disagree on lots of things, but on one thing at least there is a consensus. Productivity, or the efficiency of production, is the main driver of human welfare. The data bear this out. Consider that growth in living standards in the UK since the late nineteenth century has been driven entirely by rising productivity. It is not surprising that improving productivity is the Holy Grail of economic policy.

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Posted on 12/09/2017

Be happy – pay someone to do your chores

MB Washing machine
Do you have enough leisure and free time?

If the answer’s no, you are not alone. Most of us feel time pressured and, often stressed in our lives.

On the face of it this is surprising. Most us have more free time and work fewer hours than ever.

In 2016 the average UK worker put in 266 fewer hours a year than in 1970, equivalent to reducing the working year by over seven weeks. It’s a similar story across Europe, and working hours have also declined in famously workaholic societies like the US, South Korea and Japan. In many countries, especially in Europe, holiday entitlements have also improved.

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Posted on 14/08/2017

Summer reading list

Monday Briefing_Summer reading_flower
With the holiday season almost upon us we are launching our summer reading list. The Economics Team read dozens of articles to come up with our top six picks for summer reading. All are available free and on-line. You can save these articles on your iPhone or iPad's reading list by opening the links on Safari and tapping on the share arrow next to the address bar. To print these articles please use the print icons, where available, on the webpages to ensure the whole article comes out. The Monday Briefing will continue to run throughout the summer.

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Posted on 17/07/2017