Starmer must remember humans respond to incentives, not rules
Rules are important to any civilised society, but Starmer has forgotten that humans respond far better to incentives, writes Paul Ormerod. As the Prime Minister,
Rules are important to any civilised society, but Starmer has forgotten that humans respond far better to incentives, writes Paul Ormerod. As the Prime Minister,
Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty, says Paul Ormerod Daniel Ellsberg, who
Dear Chancellor, forget the big infrastructure projects. Boosting the productivity of SMEs is the key to growth, writes Paul Ormerod The Chancellor, Rachel Reeves, has
A recent study mapping the link between gulags and regional growth in Russia can teach us something about reviving our own left behind towns, writes
Here’s a Christmas quiz: Which has been Britain’s most left-wing government? According to Paul Ormerod, it’s not the one you think…. The extended Christmas holidays
The popularity of the Labour party has plunged since the election, and history tells that once a certain narrative has taken hold, it’s very difficult
The devolved nations are living on another planet economically because England essentially pays for their deficits. This has to stop, says Paul Ormerod Every single
How many people are employed in the UK today? This is not just a question in a pub quiz for boffins. It is one with
The public sector’s productivity record is abysmal, and Rachel Reeves’ new Office for Value for Money shows she knows it. But will more bureaucracy really
The need to boost the UK’s rate of economic growth was a central theme of the first budget delivered by Rachel Reeves, the Chancellor. Reeves
For all the government’s promises of stability and hoped-for reductions in interest rates, UK yields on government bonds are now, in fact, very similar to
The precise contents of the budget are still secret. But a widely trailed theme is that the Chancellor, Rachel Reeves, wants to create as much
The government confirmed this month the funding for the UK’s first carbon capture sites. The technology, it is claimed, captures CO2 emissions before they reach
The Chancellor, Rachel Reeves, had made no secret of her desire to make economic growth her top policy objective. She reinforced the message this week in
Since the election in July, Starmers have been the stock to short. In the middle of that month, the Prime Minister had a net approval
Copyright Paul Ormerod 2021