mainly macro

For economists One of the questions I like asking students is whether inflation following the Great Recession has tended to favour the ...

The Institute for Fiscal Studies’ (IFS) analysis of the specific measures in the Autumn Statement shows a certain degree of frustration. F...

I may come back to some of the detailed measures announced in the 2013 Autumn Statement at a later stage, but here I just want to make two ...

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

1) Government embarks on austerity, to try and maintain the confidence of the bond markets. We must preserve the AAA rating for our governm...

Banks, in providing - or not providing - loans for start-ups, or for small firms to expand, can potentially play an important role in aggre...

When that pioneering economist David Hume wrote about the problem of induction , he talked about the possibility that the sun would not r...