Would renationalisation improve Britain’s railways?
Britain’s railway network and its weather have two things in common: both are highly variable in quality, and both provide Britons with ample opportunities…
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Not for the many, but for the privileged few: The paradox of Labour’s university tuition fee pledge
The Labour party’s manifesto pledge to scrap university tuition fees is a textbook example of the poorly judged politics and misguided policymaking that the…
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Four reasons why inequality matters
Traditionally, economists have shied away from studying inequality. Controversial in nature, it’s a tricky subject to engage with since any policies that deal with…
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Quantitative Easing in the Eurozone: Where are we now?
Two years ago, in late 2014, the spectre of deflation loomed large in the Eurozone economy. The Eurozone’s headline inflation rate had been sliding…
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A Greek tragedy: how erroneous economic policies have created a lost decade
Seven years ago, in late 2009, with a fragile global financial system following the cataclysmic events of the previous two years, revelations emerged that…
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Why the recent slump in sterling will not produce an export boom
On June 24th, the day after the people of Britain took the momentous decision to leave the EU, the value of sterling plummeted. As…
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How Donald Trump’s fiscal policy might not be so contradictory
During his unconventional and highly controversial campaign to be President, Donald Trump made all kinds of promises regarding economic policy, many of which seemed…
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The Green Noose: the devastating effects of Britain’s green belts and what to do about it
Over the last two decades, property prices in the UK have gone through the roof, rising faster than in any other G7 country. Between…
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The Economics of Happiness
In life there is no truer or widely shared goal than to achieve happiness. Yet the most ubiquitous measure of economic performance – Gross…
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Sanctions, sliding oil prices and stagnation: Russia’s economy and the road to recovery
Over the past two years, the Russian economy has been buffeted from all sides: Western economic sanctions were imposed in spring 2014 as a…
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