Here are the slides from a talk I gave on 12th June at the IEA Think! Conference... covid-and-the-value-of-human-life-think-presentation-12-june-2021-2Download
Tag: coronavirus
What’s behind the relatively large fall in UK GDP? (reprise…)
On Sunday, Labour’s Anneliese Dodds tweeted that the UK ‘had the worst recession and the worst growth of any major economy last year’, and that ‘Covid closed much of our economy, but the Conservatives crashed it’. Of course, this is just a tweet and almost all politicians try to score points in this way. Nonetheless, … Continue reading What’s behind the relatively large fall in UK GDP? (reprise…)
It could have been worse
The unprecedented 20.4 per cent slump in UK GDP in a single month is obviously headline news, but still needs to be put in context. There are three key points. First, the April numbers are old news – about two months old. That’s an awful long time during a rapidly evolving crisis like this. Indeed, … Continue reading It could have been worse
We can’t go on like this
The economic data for April were bound to be awful and those for the public finances were no exception. Government borrowing last month alone (a record £62.1 billion) was almost as large as the deficit in the whole of last year (£62.7 billion). This included £14 billion for the first full month of the coronavirus … Continue reading We can’t go on like this
Plain-speaking Economics 