Do long prison sentences work? Economics has the answer
Does prison deter crime? The recent riots have rather left the government facing both ways on the matter. On the one hand, the Starmer administration has not just gone along with the previous policy under which most inmates served just 50 per cent of their allotted sentences. They have reduced this to 40 per cent. […]
Why can’t we confront climate change? Behavioural economics explains
The devastating storms in America have kept the issue of climate change firmly in the public mind. But so far, it has proved very difficult for politicians to persuade electorates to change consumption patterns in ways which many scientists would like to see. More expensive air travel, steeper energy bills – these are not very […]