My Blog

CEO compensation and Jamaican demands for reparations: two sides of the same coin
David Cameron’s visit to Jamaica last week led to vociferous demands for the UK to pay the Caribbean island billions

Um Bongo: a spotlight on modern social and economic behaviour
Readers who either had young children or were children themselves in the 1980s will recall the Um Bongo jingle. The

How do you deal with someone who thinks the Earth is flat?
Imagine you are relaxing at a bar enjoying a drink after a hard day’s work. The person next to you

The national accounts are the new JK Rowling
A potential candidate for the world’s most boring book is the Office for National Statistics’ National Accounts: Sources and Methods.

Why economics can prevent Europe’s refugee crisis from becoming even worse
Emotions are running high over the refugee crisis, with heart-breaking images arousing waves of compassion across Europe. As ever, however, economics

Whatever it is, Corbynomics is not mainstream
A group of economists hit the headlines last week with their claim that Jeremy Corbyn’s policies are supported by mainstream

History shows why robots won’t destroy our jobs
Economics is often described as the dismal science, but it often contains cheerful material. A paper by the leading American

A-levels, culture, and the great regional divide
Last week saw the ritual tears and joy of the announcement of the A level results. An encouraging aspect was

Keynesians are wrong: Cutting public spending can boost economic growth
The key aim of George Osborne’s economic policy has been to eliminate the financial deficit of the public sector. The

Response to Cecil the Lion’s death is a sad lesson in the irrationality of public opinion
Alas poor Cecil! Close personal friend of mine, sadly dead now. The catchphrases of the Scottish comedian Bob Doolally capture

Technology is replacing school ties in companies’ battle to keep their employees honest
The activities of the House of Lords are very much in the news at the moment. But the members do

Why cricket is like spam
The holiday season gets into full swing, but a shadow has been cast by the abysmal failure of our boys

Scandinavia provides the evidence for Osborne’s war on welfare
George Osborne’s budget has been met with predictable outrage from the poverty lobby. The cuts to the welfare budget will
Guaranteed bank deposits and the market for lemons
One aspect of the Greek crisis which will affect many readers is the reduction in the amount of cash in

Child poverty is thankfully not rising – but the archaic definition needs to go
David Cameron is feeling the heat. This is not just a consequence of the sudden dramatic rise in London temperatures.

Who plays better poker? Cameron, Sturgeon or Varoufakis?
The gracious Palladian architecture of Edinburgh has often led the city to be described as the Athens of the North.

Supply side success is a cure for the drug of deficit finance
George Osborne’s plan to run financial surpluses and use them to pay off government debt has been met with the

Banks, cancer and Stephen Hawking
Massive fines for banks, gross misbehaviour, huge bonuses for failure, bailouts at vast expense to the taxpayer: it’s little wonder

FIFA, corruption and economic growth
The FIFA arrests have dominated both front and sports pages. We must await the outcomes of the trials before pronouncing

Markets are good, but we need clear signals
Perhaps the most enjoyable aspect of the general election result is the abuse which is now being heaped on the