mainly macro

Comment on macroeconomic issues

Tuesday, 9 January 2018

Why does economics get so much stick?

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Because the advice of economists is so hopeless, you may say. Well think about the following thought experiment. After the financial crisis...
23 comments:
Saturday, 6 January 2018

Why the microfoundations hegemony holds back macroeconomic progress

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When David Vines asked me to contribute to a OXREP (Oxford Review of Economic Policy) issue on “Rebuilding Macroeconomic Theory”, I think ...
13 comments:
Thursday, 4 January 2018

Minimum Wages, Monopsony and Towns

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Alan Manning has a very good article in Foreign Affairs about minimum wages. The impact of minimum wages on employment is a politically ch...
16 comments:
Tuesday, 2 January 2018

Leave and the Left Behind

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I argued at the end of last year that immigration was an attractive issue for the right, because it offered the possibility of capturing v...
10 comments:
Thursday, 21 December 2017

Voting Labour isn’t going to turn the UK into Venezuela

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but mainstream economists should make sure they are getting a hearing It is tempting to laugh at the rhetoric of Conservative politic...
44 comments:
Tuesday, 19 December 2017

The political consequences of Brexit Transition

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Jacob Rees-Mogg is apparently the bookies favourite to succeed Theresa May. It is the same Rees-Mogg who has declared the UK would become a...
18 comments:
Saturday, 16 December 2017

The politicisation of immigration

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This is based on the UK experience, but I think some of this will also apply in the US. Why do right wing politicians push an anti-im...
33 comments:
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Simon Wren-Lewis

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Mainly Macro
Emeritus Professor of Economics and Fellow of Merton College, University of Oxford. This blog is written for both economists and non-economists, and covers macroeconomics but also other economic issues, political economy, the media and politics.
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