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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...
Stephen Michael MacLean
27 February 2014
1 comment

The allure of minimum wage laws arises once more in both the UK and the US. While Chancellor Osborne has suggested raising the national minimum wage to £7.00, President Obama’s State of...
Ryan Bourne
21 February 2014
6 comments

Public choice theorist William Niskanen had much to say on the growth of government bureaucracies and bodies. Whilst recognising that they ultimately depend on politicians for their budgets, they...
Kent Matthews
29 January 2014
8 comments

GDP growth of 0.7 per cent in the final quarter of 2013 has finally confirmed that the recovery is taking hold. Growth for 2013 as a whole has come in at just under 2 per cent. Whilst welcome, this...
Kristian Niemietz
20 January 2014
8 comments

- ‘Unexpected item in the bagging area.’ - ‘Please put the item back in the bag.’ - ‘Please wait for assistance.’ If you have heard these phrases before, you are...
Len Shackleton
16 January 2014
4 comments

It is widely rumoured that the government is moving towards a commitment to increase the national minimum wage (NMW) well above levels suggested by the – usually fairly sensible – Low...
Len Shackleton
14 January 2014
1 comment

The UK’s labour market has performed much better since 2008 than many expected. It is clear that, compared with the high degree of regulation in continental Europe, our relatively more flexible...
Kristian Niemietz
15 November 2013
5 comments

  The term ‘heterodox economist’ has a great ring to it. It seems to announce a daring and original thinker. Here’s somebody who defies conventional wisdom, the term suggests,...
Len Shackleton
30 October 2013
2 comments

The media and the twitterati have had their weekly fix of synthetic anger over the award of compensation to Sharon Shoesmith, the former Head of Haringey Children's Services, for unfair dismissal...
Razeen Sally
18 October 2013
1 comment

  Will Asian emerging markets follow Latin America and the Middle East into the middle-income trap? Having enjoyed fast catch-up growth, will they now get stuck, unable to graduate to higher...
Len Shackleton
8 October 2013
comments

Last week, an employment tribunal in Bedford judged Tesco to have indirectly discriminated against two Muslim employees by restricting access to an on-site prayer room at one of its distribution...
John H. Cochrane
30 September 2013
1 comment

Recently, on a long car trip returning from a glider contest, I did something unusual among our liberal elite: I actually went to a McDonald’s and ate there. The lady who took my order must...
Len Shackleton
17 September 2013
2 comments

Last week Margaret Hodges’ Public Accounts Committee, increasingly resembling some sort of neo-Jacobin Committee of Public Humiliation, gave BBC managers a torrid time over their role in...
W.S. Siebert
13 September 2013
5 comments

The UK’s minimum wage began in April 1999, fulfilling a promise of Blair’s new Labour government. Blair was responding to popular demand, since the Conservative government in 1993 had...
Kristian Niemietz
14 August 2013
22 comments

  Suppose a time-traveller from today could go back to the 1960s. His status as ‘the man who knows the future’ quickly earns him enormous political influence, which, being a right-on...
Len Shackleton
6 August 2013
comments

One million people on zero hours contracts, scream the media - quoting figures released today by the Chartered Institute of Personnel and Development. This is at odds with recent ONS figures...
Len Shackleton
5 August 2013
2 comments

Last week, the National Minimum Wage (NMW) celebrated its fifteenth birthday. It has not been the disaster some feared – largely because the Low Pay Commission set rates conservatively, taking...
Len Shackleton
27 July 2013
comments

Matthew Hancock, the Skills minister, has been doing the media rounds asserting that British firms have ‘a duty’ to take on British workers rather than immigrants. This is rather...
Len Shackleton
18 June 2013
2 comments

Zero-hours contracts are in the news again, with Vince Cable last week announcing an enquiry into this type of arrangement. These contracts involve people agreeing to be available for work as and...