Post category: Regions, cities and local areas

Trump tariffs will not bring back coal

When President Trump announced a tariff on imports of solar panels we immediately ran some figures through our macroeconomic model to assess the impact that the policy might have on the US energy system.

Our analysis shows that Trump’s tariff on solar panel imports, whi…

Does productivity necessarily increase with city size?

In his second guest blogpost Ron Martin, Professor of Economic Geography, University of Cambridge explores whether the productivity of Britain’s northern cities would improve by substantially expanding their size, or seeking to merge them into a single very large city.

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 e…

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…

Trust me, I’m an economist

How should economists operate in a politically charged climate? Is our role to put forward a ‘balanced’ view?

Richard Lewney, our Chairman, argues that by not putting forward an opinion we leave our job half-done.

Cambridge Econometrics recently attracted social media r…

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 …

The geographical dimension of the productivity problem

By Ron Martin, Professor of Economic Geography, University of Cambridge

In his budget speech (24 November, 2017), the Chancellor of the Exchequer made much of the need to raise national productivity.

Since 2007, and the onset of the financial crisis, productivity growt…

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…

The tyranny of the present and how to avoid it

tyranny present

By Dr James Derbyshire, Senior Research Fellow at Middlesex University

In both our professional and personal lives, what is most available and prominent in our mind’s eye is what is already true, as represented by the present situation. Because of this availability of the pr…