My Blog
Kenneth Arrow proved economists needn’t be loud to make a difference
Does winning the Nobel Prize in economics cause longevity? We might be forgiven for thinking so. Thomas Schelling died last
Claims that a low tax, low regulation UK would be a disaster are rubbish
Dame Minouche Shafik, Deputy Governor of the Bank of England, is leaving to become Director of the London School of
Blame restrictions on the supply of land for new homes for rising wealth inequality
Official data released last week on London house price increases in 2016 generated a lot of interest. Given that housing
A tale of two Eurozones: Greater Germany and Club Med are drifting ever further apart
At the end of last week Federica Mogherini met leading members of the Trump administration. Mogherini, yet another Italian politician
It’s fanciful to think China’s economy will overtake the US’s anytime soon
Possibly the single most important of the tensions stoked up by President Trump is the rivalry between the United States and
Why the economics profession remains blind to the benefits of Brexit
The office for National Statistics last week estimated that the UK economy grew at an annual rate of 2.4 per
Economic Research Council talk: why are so many economists opposed to Brexit?
Economic Research Council talk on Monday 20th February 18.30 – 20.00: I will be discussing why so many economists are opposed
The NHS will never have enough cash: the English religion needs reformation
We British like traditions. A well-established one which comes round every year is the “winter crisis” in the NHS. Health
Why do bad companies stay in business for so long? Just ask an economist
A bookseller in the Yorkshire Dales has hit the headlines, branded a “shopkeeper from hell”. He called a customer a
What Dirty Harry tells us about economic forecasters’ Michael Fish moment
Economic forecasters are in the dock. Last week, none other than the chief economist of the Bank of England, Andy
Farewell to the game theory master who helped prevent a nuclear apocalypse
Last year was a year of celebrity deaths. But perhaps the most significant of all received very little coverage. Just
The death of cash, the rise of trade unions and other eclectic 2017 predictions
It’s certainly been an eventful year. But rather than dwell on the past, what sort of things can we expect
Forget “post-truth”: A compelling vision drove Brexit and Trump triumphs
The buzz-phrase of the moment in political discussion is “post-truth”. Shell-shocked metropolitan liberals are astonished by both Brexit and Donald
Rampant corruption – not just the euro – has doomed Italy to stagnation
So farewell then, Matteo Renzi! The resignation of the Italian Prime Minister after his heavy defeat in Sunday’s referendum on
The OBR shouldn’t be expected to forecast so far into the future
Economic forecasts have become a political hot potato. The Office for Budget Responsibility’s (OBR) predictions, presented as part of the
Forward guidance is just another delusion foisted on us by mainstream macro
The governor of the Bank of England, Mark Carney, was on good form last week when he appeared at the Treasury Committee
Dump opinion polls for social media to understand people’s real preferences
So the pollsters got it wrong again. After the general election last year and then Brexit, it is perhaps not
From the NHS to Brexit, give people a choice and they’ll make a good one
A current headache for the government is the performance of the NHS, and whether it is running out of money.
The people of Burnley and Bradford have a point about the impact of immigration
The scenes as the migrant camp was cleared in Calais once again provoked bitter divisions in British society. Metropolitan luvvies
America is embracing the opportunities of AI while the rest of the world frets
The rise of artificial intelligence (AI) continues to generate concerns. The latest furore emerged at the start of this week.