Category: Capitalism

How can economists help to tackle climate change?

Here are the slides from a presentation on climate change I gave to 14- to 16-year-olds on Saturday 25th September as part of an event run by Bubble Bubble, in partnership with the Royal Economic Society’s ‘Discover Economics’ campaign… how-can-economists-help-to-tackle-climate-change-sep-2021Download You can find more about 'Bubble Bubble' here... Economics for teens | Bubble Bubble | … Continue reading How can economists help to tackle climate change? →

State aid remains a slippery slope

The Government is delivering on another Brexit pledge. Kwasi Kwarteng’s Department for Business, Energy and Industrial Strategy has unveiled a new subsidy framework which takes back control from Brussels. The UK will break free from the EU’s bureaucratic state aid regime, allowing our government to provide quicker and more flexible support to UK businesses. That, at … Continue reading State aid remains a slippery slope →

Importing is “GREAT”, too

The UK government promotes international trade under the banner ‘Exporting is GREAT’. This is laudable, but the economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas. This is the main message from a paper I wrote recently for the Institute of Economic Affairs. Of course, it is not … Continue reading Importing is “GREAT”, too →

More state intervention is not the answer to reviving our economy

Many people argue that the Covid crisis has demonstrated the need for government to take a bigger role in the economy, in good times as well as bad. When asked to suggest five policies to help the recovery their ‘wish lists’ are therefore full of ways in which the state could do even more. In … Continue reading More state intervention is not the answer to reviving our economy →