The expansion of the Ultra Low Emission Zone (ULEZ) to all London boroughs on Tuesday is a triumph of green ideology over sound policymaking. People are right to be fed up. The scheme is at least simple. Motorists driving anywhere in the zone in a car or van which does not meet Euro emission standards … Continue reading Why expanding London’s ULEZ is a bad idea
Category: UK economy
Why Mark Carney is wrong (again)
True to form, Mark Carney has made another unhelpful intervention in the Brexit debate. This time his remarks have generated more heat than light on the impact that the vote to leave the EU might have had on UK inflation. And by appearing to validate fears that UK interest rates have a lot further to … Continue reading Why Mark Carney is wrong (again)
‘Can we solve the productivity puzzle?’
In case they might be of wider interest, here are the slides from a presentation I made today to A-level students of economics... presentation-on-the-productivity-puzzle-june-2023Download
Does ‘Brexit Britain’ really have a migration crisis?
The news that net migration to the UK hit a new record of 606,000 last year has understandably rung alarm bells. As Rakib Ehsan discussed here, there is a broad consensus that such high figures are unsustainable and, in some sense, undesirable. Nonetheless, talk of a immigration ‘crisis’ seems overdone. First, it is not obvious … Continue reading Does ‘Brexit Britain’ really have a migration crisis?
Plain-speaking Economics 