MENU
Your location:

Blogs in Economy

  • When The Money Runs Out by Stephen King - a review

    When The Money Runs Out by Stephen King - a review

    Ryan Bourne | | Economy
    HSBC’s Stephen King is rare for an economist. Not only is he able to write well (in a style that most graduates would be able to understand), but he is also an incredibly nice man. His book, ‘When the Money Runs Out’, due to be published this Saturday, is a ...
  • Re-evaluating Reinhart and Rogoff

    Re-evaluating Reinhart and Rogoff

    Vuk Vukovic | | Economy
    This extended blog post was jointly authored by Ryan Bourne and Vuk Vokovic.Reinhart and Rogoff's (RR) highly-cited paper on how high levels of gross government debt (over 90% of GDP) are associated with much slower real GDP growth, which allegedly became the justification for austerity, has been brought under scrutiny ...
  • What did privatisation do for us?

    What did privatisation do for us?

    Ryan Bourne | | Economy
    This article is an excerpt from our Growth Bulletin, authored by Ryan Bourne and Tim Knox. To read the full article, click here. To sign up for our mailings, use the form on the left of our newsletter page.With the sad death of Lady Thatcher, there has been much reflection on her personality, ...
  • There’s nothing patronising about workers keeping more of their earnings

    There’s nothing patronising about workers keeping more of their earnings

    Ryan Bourne | | Economy
    If you want an insight into the psyche of many on the British left, then look no further than an article published in the last 24 hours.Exhibit A is Lynsey Hanley’s piece for the Guardian website.  In the blog she attacks the Coalition’s policy of raising the personal allowance for ...
  • Public service pensions: Parliamentary Ping-Pong, anyone?

    Public service pensions: Parliamentary Ping-Pong, anyone?

    Michael Johnson | | Economy
    Just when you thought it could not get any worse... it has.    In 2011, the OBR started to forecast the cashflow shortfall between public service pensions’ contributions and pensions in payment. Six years ago this was an irrelevant £200 million, climbing to £8 billion last year. It has to ...
  • Some questions for Matthew Hancock MP on the minimum wage

    Some questions for Matthew Hancock MP on the minimum wage

    Ryan Bourne | | Economy
    Matthew Hancock MP, Parliamentary Under-Secretary of State for further education, skills and lifelong learning, this morning gave a speech to the Resolution Foundation on low pay.  Entitled, ‘A Conservative Agenda for Tackling Low Pay’, the speech was largely based around the idea that there were three mechanisms at the Government’s ...
  • Teen becomes member of the 1%!!!

    Teen becomes member of the 1%!!!

    Ryan Bourne | | Economy
    “So a 17 year old has made a fortune and has now become a member of the ‘super rich’, the top 1%, and the plutocrats who are getting richer whilst we’re all getting poorer. It’s ludicrous the amount of money he has been able to earn, far beyond what I ...
  • Some Budget observations...

    Some Budget observations...

    Ryan Bourne | | Economy
    I'm currently reading through the Budget, and (as always) there's a lot to digest. As our initial comment reactions made clear, the most worrying thing about the announcements today were the continued high borrowing figures and downward revisions to growth. Essentially, the Coalition are still relying on strong medium growth ...
  • Policy, not pessimism

    Policy, not pessimism

    Professor Deepak Lal | | Economy
    The Washington Consensus is still the best way to promote sustained growth, says Deepak Lal.Two widely cited recent works by Robert Gordon (“Is US Economic Growth Over? Faltering Innovation Confronts the Six Headwinds”) and Tyler Cowen (The Great Stagnation) suggest that US economic growth is over, since there are few innovations ...
  • Taxes which raise the UK's growth rate must be the priority in Budget 2013

    Taxes which raise the UK's growth rate must be the priority in Budget 2013

    Ryan Bourne | | Economy
    Tim Montgomerie had an interesting post over at Conservative Home yesterday, suggesting that there are three broad strands of Tory demands from the Chancellor ahead of the 2013 Budget – all entailing tax cuts.The first are what he calls the competitiveness caucus, who want cuts to business taxation alongside various ...
  • Credit downgrade – misinterpreting the signals

    Credit downgrade – misinterpreting the signals

    Vuk Vukovic | | Economy
    Vuk Vukovic, lecturer of Political Economy and Principles of Economics at the Department of Economics, Zagreb School of Economics and Management (ZSEM), writes on the message sent by Britain's credit downgrade by ratings agency Moody's. On Friday night the UK was given, for the first time in history, a downgrade of its credit ...
  • Janan Ganesh's worrying insight into 'the Treasury view'

    Janan Ganesh's worrying insight into 'the Treasury view'

    Ryan Bourne | | Economy
    Janan Ganesh's FT column is always a must read for those who want an insight into the thoughts of George Osborne's Treasury team, and today's column is no different. It rightly explains that the electorate is largely resigned to the prospect of slow growth over the next few years, and ...
  • How the Government should re-privatise RBS

    How the Government should re-privatise RBS

    Ryan Bourne | | Economy
    Given media reports over the weekend that the Government is considering how to re-privatise RBS, Head of Economic Research Ryan Bourne outlines why the proposal put forward by the CPS last year is still the least bad way for the UK Government to put the shares back into the private ...
  • Some Perspectives on GDP Growth

    Some Perspectives on GDP Growth

    Ryan Bourne | | Economy
    This article is an excerpt from our Growth Bulletin, authored by Ryan Bourne and Tim Knox. To read the full article, click here. To sign up for our mailings, use the form on the left of our newsletter page.As ever, last week’s preliminary GDP figures have formed a major part of the political ...
  • The idea Robin Hood policies would boost GDP and employment is wrong

    The idea Robin Hood policies would boost GDP and employment is wrong

    Ryan Bourne | | Economy
    There’s a term in economics called ‘a public good’. The definition is usually if something is non- rivalrous and non-excludable, meaning that nobody can be effectively excluded from using it and one person’s use does not negate the ability of others to use it. These types of goods tend to ...