Tube strikes: With union ingratitude on full display, will Labour finally change course?
As Tube strikes bring London to a halt, Labour must realise its pushover relations with trade unions have been to no avail, writes Paul Ormerod Keir Starmer has tried to signal a major reset of his government by his reshuffle of the Cabinet and the promotion of a batch of the new intake of MPs. A different […]
Mind the gap: Economics is catching up to the fact that we’re not always rational
Do Tube strikes make Londoners better off? At first sight, the question is simply absurd. The answer is surely “no”. But a paper in the Quarterly Journal of Economics comes to the opposite conclusion. Cambridge economist Shaun Larcom and his colleagues analysed the two-day strike of February 2014. They obtained detailed travel information on nearly […]
