Questions tagged [uk]
The uk tag has no usage guidance.
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Why was there a deflation in UK around 2015?
According to the graph here (copied below), there was a considerable deflation in UK around 2015. I thought it may have something to do with the Brexit discussions (or even Grexit, the Greek ...
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Can someone explain why sterling-dollar parity is bad?
Please forgive the probable naivety of this question. I am not an economics student I am just trying to understand the currency fluctuations that are currently occurring with GBP as a result of our ...
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Does high inflation in the UK and US have the same cause?
UK inflation has risen to 7%, the highest rate it has been for 30 years, and could reach 10% by the end of the year. But also The consumer price Index, which averages prices across America, rose by 8....
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The role of Germany's economic growth in the outbreak of the Great War
This Wikipedia article shows that UK's economy was bigger than Germany's economy until 1900, but after 1910, Germany's GDP overtook UK and it became the first European economy. Imperialism is ...
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Is there any economic explanation why industrialization first occured in Britain?
I am asking this question because historians often consider pre-industrialization Britain to be a poor and backward country relative to other European powers/states such as Spain, France, Italian city-...
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Are there any books on economy of the medieval England?
I would like to learn more about how the medieval economy in the UK worked. Are there any economists that research medieval society in the UK? Are there some good books on this?
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Was Adam Smith correct about the relative marginal productivities of capital in agriculture, manufacturing, and trade?
Adam Smith (1776):
No equal capital puts into motion a greater quantity of productive labour than that of the farmer.
After agriculture, the capital employed in manufactures puts into motion the ...