The Cake EquationUK politicians of all stripes often promise to tax more and tax less — having their cake and eating it. But cake is now in short supply…5d ago5d ago
What would happen if you moved Manhattan to a safer place?Manhattan is on the front line of climate change. What would happen if, rather than trying to protect the city, we moved it somewhere else?Jan 92Jan 92
What can governments do about the cost of living?The cost of living has become a defining political issue. But there is little governments can do once cost of living crises have begun…Nov 20, 202415Nov 20, 202415
The state should be there when things go wrong in our livesSome years ago, just after I had become a parent for the first time and got a job I probably shouldn’t have got, I was stopped in my tracks…Oct 17, 20242Oct 17, 20242
Externalities can last a very long timeBritain’s post-industrial landscape is pock-marked with derelict factories, diverted rivers and areas of seemingly prime land that lie…Oct 3, 2024Oct 3, 2024
For cheap stuffI wrote last week about the downsides of cheap stuff. But some things really should be cheap. Unfortunately, we tend to underfund them…Sep 25, 2024Sep 25, 2024
Against cheap stuffWhen I was young, my mother instituted a boycott against Nestle, because they had been giving frformula milk to mothers with new born…Sep 19, 2024Sep 19, 2024
A bad idea: give every 18 year old their own plot of landI think this is a bad idea, but I’m going to write it down anyway: whenever someone in the UK turns 18, we should give them a plot of land…Sep 12, 2024Sep 12, 2024
The Baumol effect: not a disease but a cureWhen productivity rises in one industry, wages rise in all industries. This is one of the most important forces in economics, but it is…Jul 18, 2024Jul 18, 2024
Will AI transform economic growth?What would need to be true for AI to significantly raise the growth rate? Here are three tests to judge the scale of AI’s economic impactMay 21, 2024May 21, 2024