EconomicsToo

There is a great collection of independent economics blogs in a recent Bloomberg View article by Noah Smith . The list has some great writers that are well worth a regular visit and provides an insightful guide to each with categories to help you decide who's to visit first! The article: These Are the Econ Blogs You Need to Read

Here is a short post on a Year 12 student's thoughts regarding the recently unveiled plan to implement a sugar tax across Britain in 2018...Original post here . I mage source The March 2016 budget revealed Chancellor George Osborne's plan to levy a tax of up to 20% on soft drinks and other sugary products in the United Kingdom in an attempt to shadow the results of Mexico, where a sugar tax cut sales of sugary drinks by 12% during 2015. The tax aims to combat the rising obesity that has become endemic to Britain and burdens the national healthcare system whilst simultaneously acting as a fundraising tool to boost government revenue. Economically, the motivation for this tax is sound but could it actually be an effective tool to reduce the domestic consumption of sugar or is a lower obesity rate a distant dream? The rationale behind this tax is that it will simply increase prices which should suppress demand and therefore reduce consumption. Proponents ar