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Tom Taborn
Tom Taborn

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Jan 2, 2021

Is a wave of supply-chain reshoring around the corner? — Micro

Is a wave of supply-chain reshoring around the corner? Editor's note: Some of our covid-19 coverage is free for readers of The Economist Today, our daily newsletter. For more…www.economist.com Even though supply chains are generally considered hard to change, an April survey found that up to 83% of multinational executives were thinking about reshoring, aka moving production back to the home countries of companies. This can have appeal to businesses by allowing them to cut transport costs and reduce…

1 min read

1 min read


Jan 2, 2021

How quickly will America’s labour market recover? — Macro

The way that crises can effect structural unemployment as people’s skills deteriorate leading to ‘lasting scars on both workers and the economy.’ Seems like a shorter period of time in this specific crisis as lots of workers were put back to work in autumn. Also, the impact may be less…

2 min read

2 min read


Sep 2, 2020

Day 15 — Emerging countries

Turkey (An Emerging Market Economy) — Established 1919 Population 83,154,997 Population Density 105/km2 GDP $2.464 trillion GDP per Capita $9,683 HDI 0.806 Gini 43.0 19th largest economy 13th largest economy by PPP Produced 1.3 million motor vehicles in 2015 Ghana (Rapidly Growing Country) Independent from the UK since 1957 239,567km2 4.61% water 31,072,940 people PPP GDP $226 billion PPP GDP…

1 min read

1 min read


Sep 2, 2020

Day 14 — Capitalism and the Environment

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Day 14 — Capitalism and the Environment
Day 14 — Capitalism and the Environment

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Sep 2, 2020

Day 13 — The Great Recession

The 2008 financial crash was caused by a huge number of vulnerabilities in the global, and especially American, financial housing system. One of the primary causes of the crash was the subprime mortgage crisis, due to the collapse of housing prices after irresponsible lending practices by many banks, causing a…

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Day 13 — The Great Recession
Day 13 — The Great Recession

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Sep 1, 2020

Day 12 — Sweden’s Strategy

Rather than going for a lockdown like many other countries, Sweden opted to take a personal responsibility focused approach, letting the citizens voluntarily socially distance. This interesting strategy was relatively unique to Sweden, but hasn’t seen a huge amount of success, placing Sweden ninth highest in deaths per million (interestingly…

1 min read

1 min read


Sep 1, 2020

Day 11 — The business cycle

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Day 11 — The business cycle
Day 11 — The business cycle

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Sep 1, 2020

Day 10 — corporate social responsibility

Microsoft is a company that’s often praised for its corporate social responsibility. It has already committed to net zero waste by 2030, and the elimination of single use plastics by 2025. Both of these steps should go a long way to reducing its carbon footprint and therefore massively benefit the…

2 min read

2 min read


Sep 1, 2020

Day 8 — China’s growth

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Day 8 — China’s growth
Day 8 — China’s growth

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Aug 31, 2020

Day 9 — The Problems with Inequality

There’s two main problems with having a lot of inequality in society — inefficient allocation of resources and social unrest. The inefficient allocation of resources point is based off the diminishing marginal returns of money — basically the more five pounds you have the less worth the next five pounds…

1 min read

1 min read

Tom Taborn

Tom Taborn

1 Follower

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