Household spending is down £50bn since last year. It’s hardly surprising there’s so much uncertainty in the economy given the relentless negativity of the Chancellor
Labour is becoming increasingly disillusioned with the OBR as the reality sets in that no amount of forecasting can solve Britain’s spending problems, says Paul
Thomas Aquinas argued for the concept of a “just price”, but when it comes to concert tickets the correct price is the one determined by
It may have lost him the byelection, but Nigel Farage has a point about Scottish spending, writes Paul Ormerod Last week, Nigel Farage created a
Miners’ pensions, indigenous rights, the shrill carder bee – parliament and the public have lost touch with the reality of public spending, writes Paul Ormerod
Cybersecurity, highlighted by recent attacks on the Co-op and Marks & Spencer, is not just a technical challenge but also a human and economic one,
In 1981, Geoffrey Howe defied Keynesian orthodoxy by tightening fiscal policy during a recession – and completely changed the narrative about the British economy. Reeves
The UK university sector won’t solve it’s financial problems by prioritising diversity goals over research quality, says Paul Ormerod The university sector in the UK
Economic theory teaches that people will make the optimal allocation of their time between work and leisure, and if they can’t earn why bother to
The ONS’s shortcomings are far from trivial, its bad maths is holding back the UK economy, writes Paul Ormerod The Office for National Statistics (ONS)
Copyright Paul Ormerod 2021
