Showing posts with label living standards. Show all posts
Showing posts with label living standards. Show all posts

Wednesday, 12 November 2014

Economics : The Social Science behind “Everything in moderation”

Dear All

Apologies for the length of these posts - just follow links for local news! My unique pun of a friedmanite tourniquet, which no-one gets, makes a brief appearance at the bottom of the page


From another Blog  - written by a world famous SOCIOLOGIST & POLITICS Student

Jason Beerjeraz, in Manchester, where Liam Glennon went to study Development Economics and Fr Tim set up a foodbank:


"I want to take a look at an issue some refer to as the ‘poverty cycle’, arguably faced by 13 million people in the UK alone. A cycle which once started is extremely difficult to escape. And with it I will focus on one of the many possible elements, transport.
In London we have our oyster cards with subsidised fares, we have train and bus routes running from early morning to early morning! We have the good old London underground and according to Boris Johnson we’ll have the Crossrail 2 by 2030. Fares can be less than £1 on some routes, result!
So, what exactly is the problem? Well, I needn’t look any further than my university window here in Manchester. Unemployment has risen greatly, in areas that already faced high levels of unemployment. Beneath the cheering that Manchester is London’s hot rival and the UK’s second city, you start to see a bleaker picture.


 Roughly 50% of the children living a 10 minute walk away from me are living in poverty.


 This is a fact (indirectly) shared with me by a previous member of staff at St Ignatius College, Fr Tim Byron, who helps runs the local food bank. What does poverty have to do with transport? Well, quite a lot actually! If nearly 50% of families are struggling to raise their children above the poverty line, struggling to afford necessities thus relying on schemes like food banks. How on earth are people expected to afford daily travel costs? I hear cries of ‘get a job’ or ‘what about welfare benefits?’ Adults looking for employment, on Job Seekers Allowance, are having to make choices between heating their homes and eating. Without sufficient transport infrastructure they face minimal geographical mobility. Without sufficient funds they cannot afford the high fares during those crucial weeks of job interviews and tests. Without employment opportunities in the local area, where are they to find employment? Only 36% of those on JSA have access to a car. 

They need public transport to be cheap, regular and to be well linked. Without it, job search activity can become hopeless. The job searching itself becomes their job, which still leaves them on the poverty line. It is crucial for public transport to be accessible and affordable. Without these conditions people are left in an endless search for opportunities that are beyond their grasp. There is a skilled and willing workforce out there looking for employment, but inadequate transport along with many other factors leave them in an endless cycle of poverty. So much for Manchester’s privatised bus system; the profit motive is doing a great job at raising efficiency and economic welfare. 

Why not privatise the NHS while we’re at it, oh wait…


 It is important to remember that inequality is not a ‘foreign’ issue, it is closer to home than you may think. If I can present a feasible case in the UK, just imagine what the case could look like when you make comparisons to many other cities across the world. To those of you easily persuaded by my opening praise of London transport, look no further than my meeting of a dad of two, when running a work club in Edmonton Green Library; he had just got a job, but could not afford to travel there for his first week of work and pay his rent and no longer qualified for JSA.

This piece is based on statistical facts and does only represent one interpretation. However, you have to question, in a world where the richest 1% of the population own 65 times that of 3.5 billion people in the world, where do we begin with the fight against inequality?"




Useful Links:





The science behind “Everything in moderation” | maketheworldworkbetter:

Looks a lot like a supply curve to us economists

'via Blog this'

Friday, 2 March 2012

Y11 HW : Food Price Shocks and Poverty

Dear Year Eleven

Due : Thurs 8/3 - books in and both HWs marked.  I need to see your A-game!

These final topics are going to require you to use all of your business and economics knowledge.

1) Watch the video below
2) Use a flowchart / diagram to show the 4 reasons why there has been a rise in food prices, refering to supply and demand
3) at around 2m14s, 4 policies are outlined.  Pick one and explain how this would help protect the poor against food price shocks.  [criteria : 3 clear linkages ; use of key terms]

Saturday, 17 September 2011

Happy Kids

Some research from UNICEF on the stuff vs time debate.  It argues that if parents were to spend more time with their kids, the kids would be happier.  Of course, the opportunity cost of doing so, is less stuff as parents would have to sacrifice time spent at work to do so

The article is here


Saturday, 12 February 2011

Year 11 Homework : A Better Place To Live

Dear Year Eleven,

By carrying out your own research into economic data, you are at A-level standard already.  Well done.
Keep aiming higher!

1.Go to this website : The Lottery of Life
2. Reflect
3. Write at least one and a half side of notes comparing the living standards of two countries.

Success criteria:

  • at least four indicators are compared
  • judgement is made on which is the better place to live
  • justification of your judgement has 3 linked sentences
  • clear structure
  • obvious choices of countries are avoided
Hints : Google "Google Public Data" - you can put the data into a table ; be a man for others by leaving helpful comments

See you on monday when we shall assess this work together.

Sunday, 6 February 2011

Debate Prep - developing humans


Dear Upper Sixth

This is quite useful for you as it looks at human development since 1980, which was around the time globalisation started as a phenomenon.

Use the comments section if you need help interpreting: a Man for Others will respond.

Also take a look at the Hans Rosling youtube video on this blog, which looks at the history of the world in four minutes!


Part of The Economist's "Daily Chart" series [subscribe for free using Google Reader]




Developing humans: "
Some countries are making great strides in human development, others less so

SINCE 1980 the country that has made the greatest strides in improving human development is Nepal, according to the UN’s annual Human Development Index (HDI). The index is a combination of three sub-indices covering wealth, health and education. The countries whose HDI has improved the most since 1980 are mainly in Asia. China and India have been helped by rapid GDP growth, but even slower-growing countries such as Nepal and Bangladesh have fostered human development by making progress in health and education. The countries where HDI has improved the least are mainly in Africa, with Zimbabwe at the bottom of the pile.



For the first time this year the UN's report also considers the unevenness in the distribution of wealth, health and education among a country’s people to produce a new inequality-adjusted HDI (IHDI) which penalises countries according to the inequality of their development. This reduces countries' 2010 HDI scores by 22% on average. China's HDI is reduced by 23% and India's by 30%, which suggests that the former's rapid development has been the more equitable.


"

Friday, 4 February 2011

The Joy of Stats & Standards of Living

Dear Year 11

Hope you enjoyed all that racing of bubbles today.  For the record, I think it was a draw between Ghana and Nigeria.  So, the guy who started all of it is Hans Rosling.  He founded Gapminder World, which was then taken over by Google.  So, today we saw what they have done with it : Google Public Data.

YouTube - Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC Four

Saturday, 19 June 2010

Living Standards


The Onion is a great and funny satirical website. This slide show mocks affluence. My favourite is 'Socialites Without Borders Teach Rwandans How To Mingle'.

An excerpt:

"Due to Rwanda's widespread unemployment and limited access to basic necessities such as food and clean water, Socialites Without Borders made it their top priority to rebuild the nation's confidence. The volunteers reportedly boosted the self-esteem of poor Rwandan farmers by referring to them as "organic agriculture tycoons," while women suffering from Hepatitis A were touched up with foundation to conceal their jaundiced appearance."

Affluence | The Onion - America's Finest News Source

Sunday, 28 March 2010

Veblen Goods


Conspicuous consumption is a phrase invented by an Economist called Veblen. It is where consumers only spend and purchase goods, not for their own satisfaction, but to set themselves apart from others in society. Mr Maxim's latest yacht is an example of a Veblen good. He does not need another one.

More from the Guardian here, which relates it to that wooly area called 'Happiness Economics'

Sunday, 4 October 2009

Old People


Half of all new born babies are likely to die aged 100 plus. That's the latest scary statistic coming out of the Office for National Statistics. Just think of all those wrinkled, toothless mouths to feed. Here is an interactive map from the ONS

And here is a video from the BBC. Improvements in chance to survive to old age are an indicator of economic well-being, but - of course - there are a lot of issues regarding population growth.

Friday, 6 March 2009

Indicators of Development

India faces a sanitation crisis.  The Lower Sixth should read this because it gives you an important insight into one of the indicators of development you are studying for your homework.  The Upper Sixth should read this because it is a very good summing-up of development in India and will refresh your knowledge of unit 5.
The article is here

Wednesday, 4 March 2009

Lower Sixth Homework

  . . is to complete the worksheet on Indicators of Development.  There is a previous post here, but you should also look at the websites referenced at the bottom of the handout on Bhutan, the fantastic gapminder world, and, of course the UNDP website.

Do feed back any HONEST difficulties in completing this task

Saturday, 18 October 2008

Cuba's Oil Bonanza


There has been an interesting development in Cuba's development. Hitherto dependent on Venezuala for half of its oil consumption ( in return it provided Venezuala with doctors and sports instructors), Cuba has just discovered that it has 20bn barrels of oil. This puts it in the big-boy league. It will be interesting to see how America reacts to this news: it has been wanting to reduce its dependency on Middle East oil for sometime and may end its trade embargo.

The average wage for a Cuban is $20 per month. Go back, read the sentence again. Yes - per month. Will this bonanza raise living standards?

Thursday, 28 August 2008

Mortality, Life Expectancy

Gapminder world shows how life expectancy is related to infant mortality and income. Click on play to show how over time Sweden has developed. Also watch the shadowy blobs which show the rest of the world also improve. Click here

Friday, 11 July 2008

Can a African country better to live in than a European country

The case whether Kenya is a better country than Moldova is what I presented here.
Both countries have problems and with stern governments and corruption.

Click here to view a video on the effect of the lack of jobs in Moldova

Below are some of the links i used to help with my research

GDP
Human development index

Thursday, 10 July 2008

The Best And Worst Places To Live In The World

Following Tuesday's presentation, its a official Sweden is the best place to live in the world and Sierra Leone is unfortunately the worst.
Hope you enjoyed the presentation despite its length and if you wish to follow up what i was doing feel free to do so with the following links.

Corruptions Index
Happy Planet Index
Human Development Index

Friday, 4 July 2008

a minimum standard of living

The Joseph Rowntree foundation have discussed what we need to survive: a minimum standard of living.

Before reading the article, what do you consider you and your family need to buy and consume to have a minimum, acceptable standard of living?

Here is a detailed article with video clips and graphs and the estimates for each different type of income groups.

the article is discussed on the bbc here

Wednesday, 26 March 2008

Happiness


Once a nation has filled its larders, there is no point in that nation becoming richer.

This view is held by several 'Happiness' Economists, who look at how wealth is related to happiness. The conclusion seems to be that beyond a certain level of GDP per capita, which is much lower than you would expect, the more wealthier a nation becomes has no effect on the happiness of its citizens. In fact there might be a trade off between wealth and well-being.

Here Tim Harford, the Undercover Economist, outlines the work of Professor Oswald and Lord Layard, the two professors who lead the research in the UK.
Money Doesn't Make People Happy - Forbes.com

This excellent video clip is all about Bhutan( click here for country info), whose Monarchy have sought to improve people's lives over increasing the nation's wealth

From The Economist, a discussion on how we measure how well off we all are. Here