In The Common Sense of Science, the Polish-British mathematician Jacob Bronowski wrote that, “at the basis of human thought lies … Continue reading “Rent controls and minimum wage laws: what is seen and what is not seen”

Summary Following the Covid-19 lockdown, the UK labour market faces much higher unemployment and reductions in labour force participation as … Continue reading “How to create new jobs”

– The labour market faces much higher unemployment following the Covid-19 lockdown;  – Experience of previous recessions suggests a recovery in employment will lag … Continue reading “Relax employment regulation to drive the economic recovery, says new IEA report”

Millions of jobs will be seen to have been lost and thousands of businesses destroyed once furloughing is ended. In preparing … Continue reading “How the labour market can recover from the Covid-19 crisis”

Three months ago the UK labour market was doing better than at any time in recent memory, with record numbers … Continue reading “We need a post-Corona Ludwig Erhard”

A lot has been happening on the minimum wage front recently. This week the Living Wage Foundation published its new … Continue reading “The new Living Wage consensus is still problematic”

The National Minimum Wage is 20 years old today. Despite the controversy surrounding its inception, it is now widely accepted … Continue reading “The minimum wage – 20 years on”

Jeremy Corbyn has had another brainwave. The Labour leader wants to make it illegal for businesses to “pocket” tips and … Continue reading “Should it be illegal for businesses to pocket tips?”

After a false start (when only 18 promises actually made it online), Labour has revealed a 20-point plan to ‘improve … Continue reading “Labour’s 20-point plan – the good, the bad and the downright ugly”