The new Chancellor, Kwasi Kwarteng, is said to be considering scrapping the EU’s cap on bonuses in the financial sector. This would be hard to sell to the public, but is still the right thing to do. The ‘bankers bonus cap’ is part of the Capital Requirements Directive IV that was first applied to credit … Continue reading Why the bankers’ bonus cap should be scrapped
Tag: Inequality
Schools presentation on free trade and inequality
Here are the slides from a presentations I gave last week to A-level students of economics, politics and business studies... the-economics-of-free-trade-and-inequality-29-june-2022Download
Schools presentation on the politics of Covid
Here are the slides from a v-talk I gave today (1 March 2021) to A-level students of politics… politics-of-covid-1-mar-2021Download This follows up an earlier presentation on the economics... economics-of-covid-25-feb-2021Download
In defence of GDP
It’s increasingly popular to criticise GDP as a measure of the success of an economy. Indeed, New Zealand’s ‘Wellbeing Budget’ of 2019 was widely praised as a ‘world first’ for its emphasis on a range of other metrics. It wouldn’t surprise me if Rishi Sunak is encouraged to adopt similar language in his first Budget … Continue reading In defence of GDP