My Blog
What’s the point of economists? Look to America’s tech giants to find out
Despite the dire predictions from the economics profession about Brexit, the UK economy is doing well. Growth continues at a
AI has not yet spurred a productivity boom, but just you wait
Nobel laureate Bob Solow pronounced 30 years ago that “you can see the computer age everywhere but in the productivity
No matter how we measure inflation, politics will forever trump economics
THE ECONOMIC Affairs Committee of the House of Lords has got its bovver boots on. Last week, the government was
Capitalism has reduced inequality and improved the world, yet still it is under attack
DESPITE the First World War ending the previous November, the year 1919 was a very bad one. For example, the
Europe has suffered from the euro – just ask the Greeks
One of the entertainments of the holiday period was reading Adults In The Room, the book by Yanis Varoufakis. It describes
The Ghost of Christmas Past could tell us where the negotiations all went wrong
In Charles Dickens’ A Christmas Carol, Scrooge finds being haunted by the Ghost of Christmas Past unbearable. He begs it
Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax
Economists have long argued that an effective way of reducing carbon emissions is by increasing taxes on energy consumption. This
From Northern Rock to lunch tables, no one is immune from the herd mentality
The Bank of England and Federal Reserve held a two-day conference last week in London on big data and machine
Britain’s stagnant regions are stuck in a monetary union trap
The Economic Statistics Centre of Excellence created a bit of a stir at the end of last week with its
Life under Network Rail offers a glimpse of the future if Corbyn were left in charge
The shambles that is Network Rail continues to blight our lives. City A.M. readers may have experienced the cancellation of
Move over Facebook and Apple, the next generation of customers has other ideas
A visit to Rochdale Sixth Form College was a cheering experience last week. This year, 55 per cent of A-levels
The evidence is in from across the Atlantic, and tax cuts benefit everyone
From discussions on how the UK should reform its tax and regulatory landscape to make the most of post-Brexit opportunities,
John McDonnell’s ideology won’t lead Britain to a bright new future, but to the dismal 1970s
The focus this week has been on Philip Hammond’s Budget. The opinions of the shadow chancellor have been rather in
A ray of light in these dark days: Living standards have risen far more than we think
The media seems full of gloom at the moment. Chaos over Brexit, Saudi Arabia, potential nuclear escalation between the US
Can we innovate better outside the EU? Economic lessons from the Nobel prize winner
Gordon Brown’s time as chancellor will be remembered for many things. A sense of humour would be conspicuously absent from
Economies of the future will have to engage with the world, not just the EU
The fire and the fury rage from day to day around the outcome of the Brexit process. The discussion has
Bereft of new ideas, Jeremy Corbyn’s Labour Party is dead set on sticking its head in the sand
One of the most dispiriting aspects of the Labour Party conference, which ended last week, is how deeply conservative the
At long last, economists appreciate that private debt was the catalyst for the crisis
This month saw the tenth anniversary of the collapse of Lehman Brothers, a collapse which precipitated one of the only
The Bank of England’s own data negates Carney’s overhyped house price warning
No one can tell them quite like Mark Carney, the governor of the Bank of England. He appears to have
The economic answer behind superstar salaries
Rugby Union’s Premiership season is underway again. This is yet another professional sport which operates on the principles of socialism:
