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Len Shackleton
3 April 2014
1 comment

While welcoming George Osborne’s emphasis this week on raising employment, I have some caveats about his target – to have the highest employment rate in the G7. This isn’t hugely...
Ryan Bourne
2 April 2014
3 comments

As the economic debate has shifted away from macroeconomic outcomes to living standards, politicians across all parties have become increasingly interested in pay, particularly for those on low...
Ryan Bourne
1 April 2014
1 comment

‘It’s time to cast aside the dogma and look at the facts’. Sound familiar? Anyone who watched last week’s Europe debate between Nigel Farage and Nick Clegg would have seen the...
1 April 2014
1 comment

A rapidly growing literature on behavioural economics shows that some errors made by regulators are persistent and predictable. Behavioural economics uses insights from psychology to explain why...
Kristian Niemietz
31 March 2014
1 comment

In health policy, a good rule of thumb for distinguishing nonsense from arguments that deserve a hearing is to ask oneself whether one would accept the same logic in other sectors. This formula...
Philip Booth
28 March 2014
2 comments

It is not entirely unwelcome that the energy industry has been referred to the Competition and Markets Authority (CMA) by Ofgem. It may lance a festering boil; it may do some good. However, this will...
Kristian Niemietz
27 March 2014
2 comments

The last blog piece on so-called ‘second generation rent controls’ (SGRCs) argued that while these controls would not necessarily cause a lot of damage, they would do nothing to solve the...
Kristian Niemietz
26 March 2014
comments

Whether one agrees with the policy or not, one should think that a trebling of tuition fees cannot but result in a bonanza for universities, and huge savings for the Treasury. Yet according to recent...
Ryan Bourne
25 March 2014
comments

‘If people are given responsibility, they behave responsibly. So if we give people more political power, I believe that will create a country with a greater sense of social responsibility....
Ryan Bourne
24 March 2014
2 comments

‘Decentralisation. Decentralisation. Decentralisation’. It doesn’t have the same ring to it as Tony Blair’s ‘Education’ mantra, but there’s a significant...
Kristian Niemietz
23 March 2014
5 comments

The Budget announced an abolition of the higher rates of Air Passenger Duty (APD). Fair enough, given that average rates of APD – a duty which is generally justified in environmental terms...
Christopher Snowdon
21 March 2014
comments

On Sunday, the Observer reported that ‘Inequality costs Britain £39bn a year’. This is based on the belief that ‘a more equal UK would experience less crime and imprisonment,...
Stephen Littlechild
20 March 2014
comments

Ofgem, the Office of Fair Trading (OFT) and the Competition and Markets Authority (CMA) will shortly issue an assessment of how well competition in the markets for gas and electricity is serving the...
Ryan Bourne
20 March 2014
comments

  With the fiscal situation still tight, and a year to go before an election in which the Chancellor will accuse the opposition of fiscal profligacy, it was never likely that this was going to...
Richard Wellings
19 March 2014
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History is unlikely to be kind to George Osborne. Four years after he became Chancellor, the national debt has exploded, the budget deficit remains at dangerously high levels and an increasing share...
Kristian Niemietz
18 March 2014
1 comment

Childcare policy used to be a very simple issue. Classical liberals, and many conservatives, used to argue that if parents with young children wanted to earn two salaries, then they should pay for...
Ryan Bourne
18 March 2014
comments

With Budget day upon us tomorrow, we can expect to be told that we are almost half-way through the government’s planned fiscal consolidation. Politicians will talk about how they are...
Agatha-Christie Onwuzuruike
17 March 2014
2 comments

The centenary of the beginning of World War I is fast approaching. Not only is it a time to remember those that lost their lives; it offers economists young and old a lesson in behavioural economics...
Kristian Niemietz
14 March 2014
3 comments

Gatwick Airport has offered to compensate nearby residents for the increase in aircraft noise that will result if the operator gets the go-ahead to build a second runway. Under Gatwick’s...
Jagadeesh Gokhale
13 March 2014
1 comment

The national budget reports of most developed nations are based on current cash flows of tax collections and government expenditures - and views on national indebtedness are based on metrics such as...