Jon INGE

Economic news, observations and issues for students, teachers and people who want to know what's happening

[Mark Johnston @econfix]

Conspicuous consumption from Ferraris to Birkin bags
https://t.co/2tWJNGcbrn

[The Curious Economist @thecuriousecon1]

Thinking about #unemployment? You should be.
From Trump’s trade war to the UK’s intervention in British Steel, job losses are never just numbers — they tell a story. Use these flashcards and quiz to revise causes, types, and consequences of #unemployment https://t.co/nRR1gZIOnI

[Frank Luntz @FrankLuntz]

“America would be better off if more people worked in manufacturing.”

• 80% of Americans agree
• 20% disagree

“I would be better off if I worked in a factory.”

• 25% of Americans agree
• 73% disagree
• 2% currently work in a factory

👉🏻 https://t.co/fq1rItVKC2

[The Curious Economist @thecuriousecon1]

It’s more important than ever to understand why countries specialise and #trade. This activity gets #economicsstudents thinking critically about mutual gains, opportunity cost, and interdependence. #GlobalTrade #Specialisation #Econtwitter https://t.co/ZXpw9AUXFK

[Jon INGE @IngeEco]

it’s always supply and demand but iced tea looks a bargain

[TheGladiator @TheGladiatorHC]

🇦🇺 $20,000,000,000,000 worth of natural resources for a population of only 27M people.

That's $740,000,000 per household.

We should be the richest people on planet earth.

[Mark Johnston @econfix]

New Zealand’s exposure to threat of US tariffs
https://t.co/3SNs2T0bj4

[Michael Pascoe @MichaelPascoe01]

source unknown...

[Jon INGE @IngeEco]

MAGA Voter Sacked From Government Job Just Assumed Trump Would Shit on Other People https://t.co/HC992cQDcf

[Matt Cowgill @MattCowgill]

too many media outlets have “economics” coverage that amounts to either personal finance, or business, or politics coverage by another name. Economics intersects with each of those things, but is distinct from all of them!

[Jon INGE @IngeEco]

The complexity of our Australian economy - always winners and losers

[TheGladiator @TheGladiatorHC]

How can all this economic data be so positive, yet most Australians I speak to are struggling to live month to month?

Unemployment 4.0%
Inflation 2.3%
Wages 3.5%
ASX - record high
Household wealth - record high
$4 trillion in superannuation
2 Budget surpluses

[Jon INGE @IngeEco]

Focus, understanding the task, starting early ,working to a plan and losing the phone while you are doing it - will help make a huge difference to your success https://t.co/xGAA1ABUXO

[Kathy Lette @KathyLette]

It’s inconceivable!

[Jon INGE @IngeEco]

Challenges of economic management https://t.co/Wjgj5pPrRS

[Ross Gittins @1RossGittins]

When we hate price rises, the finger always points to Woolies and Coles - then to the government https://t.co/KRhkxepiIW #ausecon #ausbiz #Auspol2024

[Jon INGE @IngeEco]

You’ve just got your Year 12 results. What do you do now? https://t.co/7eDNH7oybc via @ConversationEDU congratulations my final eco class - we both finished school together. Your journey starts now and like the business cycle there will be highs and lows. But you will make it

[ABC News @abcnews]

#BREAKING: Australia's unemployment rate falls to 3.9pc in November, down from 4.1pc in October. https://t.co/9kZiMiDauX

[Adam Grant @AdamMGrant]

We learn more from reading on paper than on screens.

54 studies, 171k people: we process print more deeply than digital content—as long as it's informational rather than purely narrative.

The paper advantage holds across ages and has grown over time. Long live physical books.

[CommSec @CommSec]

The Reserve Bank of Australia #RBA has left the cash rate target unchanged for a ninth straight meeting at a 13-year high of 4.35%.

#ausecon

[Jon INGE @IngeEco]

https://t.co/i7r5uQw8jX