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Latest Blog Posts

The economics of Russia cutting off gas supplies to Europe

Tejvan Pettinger 12 August 2022

The EU relies heavily on Russia for the import of natural gas – around 40% of all natural gas at the start of 2022. Since …

Definition of a Recession

Tejvan Pettinger 11 August 2022

A recession is a period with a significant decline in economic activity characterised by falling GDP, rising unemployment and a decline in real incomes. A …

Are we set for a housing market crash?

Tejvan Pettinger 8 August 2022

When I started teaching economics in the early 2000s, I remember quite a few commentators predicting imminent house price falls because house prices were overvalued …

Pros and cons of Recycling

Tejvan Pettinger 5 August 2022

Huge volumes of waste are sent to landfill every year. In 2018, the US created 292.4 millions tons of trash, of which nearly half 146 …

Would falling energy prices cause deflation?

Tejvan Pettinger 3 August 2022

Readers Question: As the cause of inflation to a large part is down to energy costs, if they are temporary, will we see large deflation …

Impact of Russian sanctions on Europe and the West

Tejvan Pettinger 2 August 2022

In March 2022, the EU, US and other western countries introduced a range of sanctions on the Russian economy. These sanctions have hurt the Russian …

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Books by Tejvan Pettinger

Cracking Economics

An easy to read an overview of economics. ‘Cracking Economics’ gives explanations of main topics with images and diagrams to bring economics to life.

The book is aimed at anyone with a general interest in economics but would like a better understanding. Available in hardback at major bookshops and online. Read More

boring Economics without the Boring bits

An Enlightening Guide to the Dismal Science – published by Wellbeck.

It includes topics such as common economic fallacies, middlemen, recycling, debt, finance, trade, money, taxation and why some people get rich and others don’t.

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