Monday marked my 47th work anniversary! On 15 August 1975, I started work as a research officer in the Econometric…
President Biden was ill-advised when he allowed his latest, modest, legislative achievement to be named the “Inflation Reduction Act”. However…
A debate over fiscal strategy has featured prominently in the Conservative Party leadership contest, with foreign secretary Liz Truss arguing…
In a recent speech Huw Pill, the chief economist of the Bank of England, repeats the assertion that wayward UK…
Oddly, my one and only interaction with Enoch Powell was during a seminar concerning the UK balance of payments statistics:…
Global bank lending growth is unusually weak, considering how low interest rates are, in nominal and real terms. Governments and…
Rishi Sunak is a man in a hurry. His mission, as chancellor of the exchequer, is to bring public sector…
At a time when the financial markets were fixated on the prospect – soon to be reality – of a…
The UK consumer made a spirited recovery after its cardiac arrest in March 2020, and survived another serious relapse in…
The air is thick with threats from members of the Federal Open Market Committee and regional Fed presidents of interest…