Monthly Archives: November 2017

The Government is struggling to avoid releasing the complete 58 ‘Brexit impact studies’. David Davis mentioned that these existed ‘in excruciating detail’.  It was later claimed, in a manner that the government must have realised would be taken to be … Continue reading →

The OBR has followed the Bank of England and downgraded its medium/long-term forecast of the growth in the productive potential of the economy.  It now thinks only 1.6% is likely.  This comes after 10 years of zero productivity growth has … Continue reading →

In a short table.  Caveat:  Declan Gaffney tells me Ireland are not ok with turning a blind eye to smuggling people and things, as indicated below. The argument for the Y is that it allows Ireland a de facto frictionless … Continue reading →

Owen Jones writes in the Guardian that we should consider mandating a compulsory maximum 4 day week.  One of the hopes is that this would ‘slash unemployment and underemployment’. This is a common example of what economists call the ‘lump … Continue reading →

The Bank of England’s Monetary Policy Committee raised interest rates for the first time today since 2007. So here is a quick post-mortem on the November 2017 Inflation Report. I would have voted against a rate rise today, for a … Continue reading →