Wednesday, 1 January 2014

Economics and the Immigration debate

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As the storm force winds blew, I wondered to what extent the debates on immigration and austerity shared a common feature. In both cases ec...
22 comments:
Sunday, 29 December 2013

Werning on Liquidity Trap Policy

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For macroeconomists I finally got round to reading this paper by Iván Werning - Managing a Liquidity Trap: Monetary and Fiscal Policy....
13 comments:
Saturday, 28 December 2013

UK Flooding: another austerity Christmas present

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The big news in the UK over the Christmas period has been flooding caused by heavy rain. The Prime Minister naturally toured some of the w...
7 comments:
Sunday, 22 December 2013

Some notes on the UK recovery

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The latest national accounts data we have is for 2013 Q3. Between 2012Q4 and 2013Q3 real GDP increased by 2.1% (actual, not annual rate). ...
6 comments:
Saturday, 21 December 2013

The Conservatives and the ghost of Christmas past

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In October 2002 Theresa May , the then Chairman of the Conservative Party , said to her party’s conference: "There's a lot we nee...
15 comments:
Thursday, 19 December 2013

More on the illusion of superiority

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For economists, and those interested in methodology Tony Yates responds to my comment on his post on microfoundations, but really just...
19 comments:
Tuesday, 17 December 2013

Osborne’s Plan B

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Three months ago, when I was complaining about the economic illiteracy shown in the Financial Times leader entitled “Osborne wins the bat...
28 comments: