mainly macro

In my last post I used the example of Brexit to show that politicians, even when their ideas are seen as seriously harmful by most expert...

With fiscal councils (or Independent Fiscal Institutions) now commonplace in advanced economies, a natural question arises. Why are all the...

Both John Kay and Joerg Bibow think additional government spending on public investment is a good idea, and that helicopter money (HM) is...

Perhaps it was too unconventional setting out an argument (against independent central banks, ICBs) that I did not agree with, even though...

When Canadian Prime Minister Justin Trudeau was asked why his new cabinet had as many women as men, he replied “because it’s 2015”. But ...

Not part of the mediamacro myths series, but in a way related. Chris Giles has a recent FT article where he describes how non-Greek po...

Tim Harford in the FT talks to seven random mainstream economists about their radical ideas for economic policy. (Podcast, not pay walled, ...

One of Paul Krugman’s first books, Peddling Prosperity , made a distinction between academic economists and people he called "policy e...

Economics is often called the dismal science, and the Scottish referendum showed why this description has stuck. The Yes side appeared full...

The political battle over delegating decisions over monetary policy to central banks has been fought and won. There may be serious concerns...

Ian Mulheirn of the UK's Social Market Foundation uses lots of evocative phrases in a recent post on the OBR ’s role in the Autumn stat...