The Regulations in NYC’s Taxi Market

In 1937, New York City introduced the taxi medallion. Taxi industries in cities have long been closely regulated, as people fear that without official standards, taxi drivers would either face unreasonable job insecurity, or taxi companies would be able to act as price discriminating monopolists, thereby reducing consumer welfare derived from taxis to zero. The taxi medallion is a licence to operate in New York … Continue reading The Regulations in NYC’s Taxi Market

News Briefing – 02/05/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. UK Business & Economics The Office for National Statistics has released results from a two week long survey claiming four in ten British households are … Continue reading News Briefing – 02/05/22

News Briefing – 25/04/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics The US Federal Reserve is discussing an increase in interest rates by 0.5% in an attempt to combat rising inflation, which is … Continue reading News Briefing – 25/04/22

News Briefing – 21/03/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics Saudi Aramco, the state-owned oil giant, has promised to scale up investments into energy production after its profits doubled in 2021. The … Continue reading News Briefing – 21/03/22

News Briefing – 07/03/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics The Russian ruble fell by as much as 40% against the US dollar as Western governments sanctioned the Central Bank of Russia … Continue reading News Briefing – 07/03/22

News Briefing – 28/02/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics S&P Global, a credit ratings agency, has cut Russia’s credit rating to “junk” status in the latest sign that Western sanctions are … Continue reading News Briefing – 28/02/22

News Briefing – 07/02/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics Unions have criticised Andrew Bailey, Governor of the Bank of England, after he urged workers not to ask for big pay rises. … Continue reading News Briefing – 07/02/22

News Briefing – 31/01/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics Fear of interest rate rises, coupled with a long period of bullish speculation, has sparked a major sell off in the stock … Continue reading News Briefing – 31/01/22

News Briefing – 17/01/22

We’ve summarised the top stories of the last week into an easily digestible briefing, so that you can stay up to date on what’s happening around the world. You can subscribe to receive the briefing in your inbox each week. Business & Economics Inflation in the US jumped to 7% in December 2021. The consumer price index illustrated that food and energy prices were the … Continue reading News Briefing – 17/01/22