My Blog
I’m sorry Ed Miliband, your big green energy plan is all fantasy
Ed Miliband’s green vision is admirable, but the history of energy consumption shows it is all but a fantasy, writes
Yes, AI will wipe out some jobs. But this is the story of progress
AI will inevitably make some jobs redundant, but the benefits to society are far worth it, writes Paul Ormerod The
Starmer must remember humans respond to incentives, not rules
Rules are important to any civilised society, but Starmer has forgotten that humans respond far better to incentives, writes Paul
Reeves has placed an uncertainty premium on the British economy
Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty, says
Forget the big infrastructure projects, SMEs are the key to unlocking growth
Dear Chancellor, forget the big infrastructure projects. Boosting the productivity of SMEs is the key to growth, writes Paul Ormerod
Lessons from the Gulag? Enemies of the people had entrepreneurial spirit
A recent study mapping the link between gulags and regional growth in Russia can teach us something about reviving our
Recent Conservative governments have been more left wing than Attlee
Here’s a Christmas quiz: Which has been Britain’s most left-wing government? According to Paul Ormerod, it’s not the one you
It may already be too late for Labour
The popularity of the Labour party has plunged since the election, and history tells that once a certain narrative has
It’s time for England to stop subsidising Scotland and Wales
The devolved nations are living on another planet economically because England essentially pays for their deficits. This has to stop,
It’s not as easy to count the number of ‘working people’ as you might think
How many people are employed in the UK today? This is not just a question in a pub quiz for
Office for Value for Money: Can more bureaucracy really improve productivity?
The public sector’s productivity record is abysmal, and Rachel Reeves’ new Office for Value for Money shows she knows it.
Investment can boost growth – if it comes with technological progress
The need to boost the UK’s rate of economic growth was a central theme of the first budget delivered by
How will the bond markets react to the Budget?
For all the government’s promises of stability and hoped-for reductions in interest rates, UK yields on government bonds are now,
Borrowing to invest is all very well but what about value for money?
The precise contents of the budget are still secret. But a widely trailed theme is that the Chancellor, Rachel Reeves,
Will carbon capture work? Nobody knows – and that’s the problem
The government confirmed this month the funding for the UK’s first carbon capture sites. The technology, it is claimed, captures
The threat of higher taxes is already harming growth
The Chancellor, Rachel Reeves, had made no secret of her desire to make economic growth her top policy objective. She reinforced
The main task of the next Tory leader is to repaint the party’s image
Since the election in July, Starmers have been the stock to short. In the middle of that month, the Prime
A lesson from King Canute for the EV transition: You can’t force hype
The total victory of the electric car is in sight. For the first time ever, the total number of all-electric cars on the
Haldane is right – the Chancellor’s doom-mongering is dangerous
The Chancellor, Rachel Reeves, often mentions her experience as an economist at the Bank of England. But she has been
Is there such a thing as a ‘fair’ price? Definitely, maybe…
The pricing of tickets for the forthcoming Oasis tour has stirred up a major controversy. This is not just on
