The Bank of England’s Chief Economist, Huw Pill, has caused another public relations disaster by criticising workers for demanding higher pay - and firms for passing on higher costs. Instead, he told a podcast from Columbia Law School, “someone needs to accept that they’re worse off”. Let’s begin with a recap of what Pill was … Continue reading What a Pill
Tag: productivity
Schools presentation on Brexit and Covid
Here are the slides from a virtual talk I gave today to a group of students from years 10 to 13... brexit-and-covid-25-april-2022-1Download
Schools presentation on the economics of free trade (with a dash of Brexit)
Here are the slides from a presentation I gave today to sixth-form students... economics-of-free-trade-with-a-dash-of-brexit-8-july-2021Download
The Chancellor should continue to let the deficit take the strain
On Wednesday (25th) the Chancellor will announce the results of a one-year Spending Review, setting departmental limits for 2021-22. This will not be a full Budget – let alone a multi-year programme of tax increases or spending cuts. But there is still a huge amount of (mostly unhelpful) speculation about what might be in it, … Continue reading The Chancellor should continue to let the deficit take the strain
Plain-speaking Economics 