It’s only going to get worse

It seems that with each passing week the news on the housing front gets gloomier. A week ago the NHF published its latest Home Truths report which extrapolated current trends and concluded that if things carry on as they are then affordability – or rather unaffordability – will […]

Policy Unpacked #1 – Mad about mayors

In 2012 Elected mayors were very much on the political agenda in England. But after the largely negative outcome of last year’s referendums there was a debate over whether mayors are now off the agenda again. However, in 2013 the debate about mayoral governance seems to be as […]

The £74,000 question

The brouhaha over the impending proposal by the Independent Parliamentary Standards Authority to increase MPs pay to £74,000 is understandable. It seems perverse to be considering an 11% pay rise on a £66,000 base salary at a time when most other public sector workers are in the middle […]

Juxtapositions

Yesterday felt like a day of unanticipated juxtapositions. The major domestic political event was the Chancellor’s Autumn Statement. This has now morphed into a mini-budget so it will take a while to fully unpack precisely what Osbo’s proposed changes add up to. But he no doubt anticipated that […]

Reframing housing policy

Yesterday I spent the morning at a meeting of housing policy types. Around the table were policy-makers, practitioners, voluntary sector representatives, and a sprinkling of academics. Everyone there was, as far as I could tell, signed up to the idea that good quality, secure and affordable housing is […]

Filling in the b(l)anks

A couple of weeks ago Martin Wolf blogged on the way in which modern macroeconomics has neglected the explicit and integrated treatment of the financial sector. The consequences of this omission have turned out to be of enormous practical significance. It left analysis mostly blind to a range […]

Boris’s housing plan

[This post originally appeared at The Conversation under a different (longer) title, 27/11/13] London’s population is increasing rapidly and forecasts say this growth is set to continue over the next decade and more. However, the last time the capital had enough new houses to match this rate of population […]

Fear and smear

The Commentariat might, for once, be pretty much unanimous. The run up to General Election 2015 is going to be vicious. The focus isn’t going to be measured debate on the pressing issues of the day – when was the last time that happened? – but mud slinging […]

Economics after the crash

One of the topics I’ve revisited regularly on this blog over the last three years is the nature of economic knowledge and economic analysis. I have brought together nineteen of these blogposts as a collection of essays on the philosophy, ethics and methodology of economics. The essays touch on questions […]

Wise words

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“Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult”
(Samuel Johnson, 1709-94)

“a person is not likely to be a good political economist who is nothing else”
(JS Mill, 1806-1873)

“No section of the people has ever been excluded from political power without suffering legislative injustice”
(Millicent Garrett Fawcett, 1847-1929)