There seems to be a shortage of everything. Hauliers cannot recruit truck drivers; care homes cannot recruit enough care staff; … Continue reading “Inflation: the warning signs are there”

Governments want many contradictory things. They desire high levels of government spending but not high levels of taxation. They want … Continue reading “Let universities go bankrupt”

If you ever talk to a civil servant, or even an MP, who knows something about economics, they are often … Continue reading “Road pricing: good economics – and not even bad politics”

The starting position for this article is that anthropogenic climate change is a serious risk and that individual, institutional and … Continue reading “Fossil fuel divestment: a moral imperative?”

If you ask most people – perhaps Christians especially – what the opposite of competition is, they will suggest it … Continue reading “Competition and co-operation – a Catholic perspective”

This short “economics explainer” looks at the how the pattern of global income distribution has changed in the modern era … Continue reading “Globalisation and inequality – a good news story”

Earlier this week, I ended a presentation to sixth-formers by commenting that nobody would want to be Rishi Sunak. Of … Continue reading “No salvation in fiscal policy”

In many ways we take the financial sector for granted. We tend to assume that we would be more prosperous … Continue reading “The financial sector: unpopular but useful”

The top: Singapore, Hong Kong, New Zealand, Finland, UK, Holland, Sweden, Canada. The bottom: Venezuela, Haiti, Turkmenistan, Somalia, North Korea, … Continue reading “Where property rights are insecure, it is the poor who suffer most”