It’s been impossible to ignore the calls for the UK government to announce that it will be seeking an extension to the Brexit transition period (or at least to make clear that it’s still keeping its options open) as a result of the coronavirus crisis. Here I review the arguments on both sides – before … Continue reading The pro and cons of extending the Brexit transition
Author: julianhjessop
What to make of the collapse in oil prices
Hard luck, Dr Bucky! On Monday (20th April) the price of a key US oil contract fell as low as minus $37.63 a barrel (yes, minus), meaning that holders were effectively paying others to take their oil away. This clearly needs some explaining. Is this new evidence that global demand is in freefall? And what … Continue reading What to make of the collapse in oil prices
‘Could Covid-19 vanquish neoliberalism?’ – a response to Thomas Fazi
The coronavirus crisis has reinvigorated some old debates about the role of the state and the pros and cons of free-market capitalism. Many of the new contributions from all sides have been insightful and constructive. Some, unfortunately, have not. One of the latter is a recent piece by Thomas Fazi, ‘Could Covid-19 vanquish neoliberalism?’, published … Continue reading ‘Could Covid-19 vanquish neoliberalism?’ – a response to Thomas Fazi
What can economic history teach us about the lockdown?
The coronavirus pandemic is, of course, first and foremost a social crisis. It is testing the limits of the NHS, bringing out the best in our doctors, nurses and carers, and many others on whom we all rely. But it is also a huge challenge for policymakers who are trying to protect businesses, jobs and … Continue reading What can economic history teach us about the lockdown?
