Beyond the blue-on-blue soap opera

The EU referendum debate is as horrendous as it is important. The psychodrama of blue-on-blue attacks makes for good television. But the absence of other voices and other perspectives on the debate is glaring. And it could be decisive. Those who are sick of the sight of Cameron, […]

Academics and all this

When you’ve been immersed in an activity for quite a while you tend to forget its illegibility to those coming to it for the first time. There are a whole bunch of things that are part of everyday practice for those with the expertise of experience. Or which […]

Taxing questions

I’ve not said much about the whole Panama/Prime Ministerial tax schmozzle. That’s not because I don’t have views. But I’m not sure that I’ve got them entirely straight yet. A few things seem clear. It seems unlikely that David Cameron has done anything technically illegal.

Capitalism has a go at eating itself (again)?

What is key to a successful capitalist economy? You might say clearly defined property rights. You might say a sound financial system. You might say entrepreneurs willing to take risks to innovate. You might even say a government that desists from strangling the economy with unnecessary “red tape” […]

Beyond the F Projects

Both sides in the Brexit debate stand accused of engaging in their own version of “Project Fear”. It appears that any warning that there are likely to be some significant downside risks from leaving – or staying, depending on your perspective – draws the accusation of “scaremongering” from […]

Boris Wars

In today’s Times Matthew Parris launched a coruscating and vicious attack on Boris Johnson. He calls for the Tories to end their love affair with Boris: “charm can make us forget the dishonesty and recklessness that would be ruthlessly exposed if he became leader”. Parris has some very […]

On economic pluralism

A few days ago at Quartz.com Allison Schrager posted The single most important thing an economics course can teach you. It never becomes entirely clear what the single most important thing is. But it is possible that it is the need to study economic history alongside economy theory, […]

Wise words

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

“The only function of economic forecasting is to make astrology look respectable”
(JK Galbraith, 1908-2006)

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