My Blog

Neo-Luddites won’t like it, but the UK must keep on (driverless) truckin’
The announcement that experiments will take place with driverless lorries on UK motorways ought to be a cause for celebration.

Incentivise predatory universities with a proportional grade-linked fee structure
The A-level results have come and gone yet again. Underneath all the hype and excitement, we can see the reliable

Instilling competitive gender quotas could end the Crisis of the Mediocre Men
Gender issues in the workplace are currently a hot topic. First, we had the furore about male and female pay

Money talks in football, but all incumbents are displaced eventually
The Premier League season opens on Friday against a background of stratospheric transfer deals, with Paris Saint Germain capturing the

Embarrassing academic reversals show expert opinions are often built on sand
Last week we saw yet another major reversal of opinion by experts. For years we have all been lectured severely

Was Michael Gove right? Have we had enough of experts?
Experts are finding it harder to be heard. But is that because of how they communicate? And how solid is

Beware the dysfunctional consequences of imposing misguided incentive systems
Following the disclosure of salaries at the BBC, it has hardly seemed possible to open a newspaper or switch on

Believe it or not, Britain is getting happier
The dominant economic narrative in the UK is a pretty gloomy one just now. True, employment is at a record

Cautious corporates sitting on hoards of cash are to blame for our slow recovery
The slow recovery since the financial crisis remains a dominant issue in both political and economic debate. The economy has

Corbyn and McDonnell’s delusional tax plan would cut revenue and harm growth
The income tax system in the UK is highly progressive. Not many people know that, to use a catch phrase

How to stop tech hubs in urban hotspots from intensifying geographic inequalities
Perhaps George Osborne’s most abiding legacy from his time as chancellor will be the creation of the concept of the

Less austerity will always mean more tax
There is a great deal of discussion, following the election, of relaxing or even abandoning austerity. There is an equal

Sorry Corbyn, consumers aren’t as sold on nationalisation as you’d like to think
One of the most remarkable features of the Conservative election campaign was the dog which did not bark. There was

Does the productivity gap actually exist?
Whoever wins the election tomorrow will have to grapple with what appears to be a fundamental economic problem. Estimated productivity

The UK could teach the Eurozone a thing or two about successful monetary unions
The Office for National Statistics (ONS) published last week some figures which show how a successful monetary union works in

Labour’s plans add up on paper, but that won’t translate to the real world
The two main manifestos have been published. Initially at least, the Labour one seems the more popular. Many people are

Diane Abbott is rubbish at maths – but not compared to the rest of the country
Diane Abbott’s car crash of an interview on LBC radio last week hit the headlines. Asked politely but firmly for

Thomas Schelling – a true polymath of genius
Thomas Schelling is probably best known in economics for his contributions to game theory. Indeed the citation for his 2005

Economists have lost the public’s trust by meddling in politics
Michael Gove famously said during the Brexit campaign that people “have had enough of experts”. Certainly, the outcome suggests that

Don’t believe the myths: Capitalism has performed well since the financial crisis
Ten years ago, the financial crisis began to grip the Western economies. During the course of 2007, GDP growth slowed