Do you ever wonder why banking, more than any other industry, is so prone to instability? Why, nearly ten years … Continue reading “Review: ‘The End of Alchemy’ by Mervyn King”

The Republican speaker of the House of Representatives, Paul Ryan, described last week’s decision to pull a bill replacing Barack … Continue reading “US: liberal economics hits populist buffers”

The Democratic leadership and its leftwing intellectual base are feeling implausibly smug these days. They figure it this way: the … Continue reading “Left-wing economics is no match for Alt-Right resentment”

Britain’s productivity growth has halted. The evidence is clear. Since the financial crisis, output per hour worked has been effectively … Continue reading “Britain’s productivity is lower than France’s or Germany’s. Is that a problem?”

The Equality Trust is the latest organisation to call for the mandatory reporting of the ratio between the pay of … Continue reading “What’s wrong with disclosing executive pay differentials?”

Inefficient and costly green policies, as well as contradictory objectives – such as using energy policy to achieve poverty reduction … Continue reading “Brexit provides real opportunity to bring down electricity bills for low-income households”

Executive Summary: Electricity charges for households in England and Wales have risen by 50 per cent in real terms since … Continue reading “A Post-Brexit Framework for Electricity Markets”

Matthew Taylor was doing the rounds at the weekend, talking about the Review of Modern Employment Practices which he is … Continue reading “If it ain’t broke, don’t fix it. Self-employment ain’t broke”

These aren’t great times for the left. ‘Right-wing populism’ is said to be on the rise everywhere. First Brexit. Then … Continue reading “On populism and ‘People Power’”