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?
Two questions and some answers on the economics of the Coronation
The run up to the Coronation of King Charles III has prompted two questions. First, is it appropriate to spend public money on a royal event in the midst of a cost of living crisis? Second, what will be the overall impact of the long weekend on the UK economy? The first question at least … Continue reading Two questions and some answers on the economics of the Coronation
Plain-speaking Economics 