Limits to taxation? The UK General Election 2010
The May 2010 election saw a substantial swing against the incumbent Labour government, though the Conservatives were denied an outright victory. In a fair number of marginal seats which they would have expected to win on the national trend, the swing to the Conservatives away from Labour was distinctly low. There are obviously many possible […]
World Cup: increasingly random outcomes
The most striking feature of world soccer is that it has become far more egalitarian in terms of performance. The gap between good and bad teams has narrowed dramatically over time. An obvious measure of this is the average number of goals scored each game in the World Cup finals. Large differences in ability will […]
cutting the deficit
The new Government’s plans to reduce the deficit much more sharply than most people expected. Will this stimulate or depress the economy? Not surprisingly there is a fierce debate about this. But it is a situation in which econometric evidence is not going to be of much use at all in arbitrating the dispute. So […]