All posts by: Hector Pollitt

Should we fear the rise of the machines?

How will increased robotisation affect income, production and consumption? Will society benefit from the transition to automation in the long-run? Are humans destined for redundancy and poverty?
In his second blogpost on this subject our Director, Hector Pollitt explains why eco…

Saving Santa and the North Pole’s economy

In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable.
But how on earth do you account for ‘magic’?  Is there a currency? What about the e…

Rise of the robots – and the fall of capitalism?

Could robots bring about the downfall of capitalism? Will some humans become totally redundant or will workers simply find jobs in other sectors?
Hector Pollitt explains why scenarios currently being assessed at Cambridge Econometrics are pretty pessimistic as far as jobs are co…

Reflections on COP23

It’s been a week since the Conference of the Parties (COP) in Bonn, so it must be time to start thinking about Christmas (or in my case this year, my wedding!). But before moving on completely it is worth spending some time reflecting on the events of the last few weeks.
COP23 w…

The gap to 2°C: it’s narrower than most people think

Cambridge Econometrics’ projections suggest that the carbon emissions gap to 2°C might be 10 GtCO2e in 2030, notably less than projections by other research institutes, including those in the UNEP report published this week.  There is reason to be optimistic.
But why is our…