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The UK productivity puzzle – or is it?
J. R. Sargent
20 June 2013
1 comment

There was a time when it was normal for the productivity of labour in the UK to be rising year by year, and for money wages increases to reflect this by forging ahead of price increases. The last...
Paul Krugman and the recoveryless job explosion
Philip Booth
13 March 2013
5 comments

Fortunately, as I am in Iceland at the moment, I managed to miss yet another appearance on Newsnight by Paul Krugman. However, I gather that he said: ‘The British economy is somehow employing...
Reasons to be negative about the UK’s growth prospects
Tim Congdon
26 May 2010
7 comments

In the 15 years to 2007, the British economy had on average faster growth (by about 0.5% to 0.75% a year) than its large European neighbours. A similarly benign context of rising trend output and...

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