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28 Sep 2011There follows my latest blog post for Fundweb. There is no chance that Ed Balls, the shadow chancellor, can live up to the hype about promoting economic growth if Labour is ever re-elected. Labour shares with the other main parties a lack of understanding of what achieving growth requires. Much was made of the “plan [...]
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28 Jul 2011A snippet from the front page of yesterday’s Evening Standard, a free London newspaper, illustrating a common form of contemporary egalitarianism. Under a banner headline reading “Take the tube to games, ministers” the introduction to the story reads: “Ministers and top government officials should consider using the Tube instead of driving to the Olympics to [...]
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27 Jul 2011Yesterday’s Resolution Foundation report on the failure of economic growth to benefit Britons on low and medium incomes, although flawed, is well worth reading. Missing Out by Matthew Whittaker and Lee Savage uses conventional economic analysis to identify the relative winners and losers from economic growth. The report’s headline finding is that: “In 1977, of [...]
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25 Jul 2011This is my latest comment for Fund Strategy. As Ben Hunt argues in this week’s cover story there is a desperate need for a new form of supply side economics. Only it will be fundamentally different to what is normally meant by that term. Mainstream economics nowadays is overwhelmingly focused on demand. Or, to put [...]
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23 May 2011This is my latest comment from Fund Strategy. It would be far better if the discussion of Dominique Strauss-Kahn’s legacy had focused on economics rather than sex. In the event it is grotesquely wrong on both counts. To be clear, the sexual assault charges against Strauss-Kahn relate to what are essentially acts of violence. If [...]
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25 Apr 2011My latest Fund Strategy cover story, looking at the high technology sector and innovation, can be read here. There follows an extract from the final section. Apart from the debate about productivity there is another important aspect of the new economy discussion that is often neglected. That is a fundamental shift in the way that [...]
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11 Apr 2011This is my latest comment from Fund Strategy. The eurozone crisis is generally seen as the result of an imbalance between its dynamic core, notably Germany, and the sluggish economies of southern Europe. That is a misleading way of understanding it. According to the current orthodoxy, the German economy is powering ahead while Greece, Ireland, [...]
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4 Apr 2011This is my latest comment from Fund Strategy magazine. The government’s self-righteous moralising over Libya seems to have distracted attention from its attempts to promote innovation. From the coalition’s perspective this is probably a bonus as its plans for “StartUp Britain” are unconvincing. Since it became clear that the need for austerity was almost universally [...]
The American, a publication of the American Enterprise Institute, has run a piece by me on growth scepticism. I had almost lost hope that it would ever be published as I submitted it back in July (see yesterday’s Nuclear Street interview for a cryptic reference to this delay). There is also a link to the [...]
Randy Brich has interviewed me for Nuclear Street; a portal for professionals in the American nuclear industry.
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