The critics of macroeconomic modelling often refer to the models as ‘black boxes’, mystifying entities whereby data is input and a set of results come out at the other side – the inner workings of the model itself are opaque.
It’s important to us that our tools, their scope an…
The entire premise for reducing immigration is flawed … ending freedom of movement is a disingenuous way to meet the net immigration thresholds set out in the Conservative Party manifesto. So says our Managing Director, Phil Summerton.
The populist arguments against immigrat…
In this blog Director Anthony Barker takes a look at inequality – What does it mean? Why is it important to understand the wider policy impact?
For many, ‘inequality’ is synonymous with issues of living standards, income and poverty.
Indeed, there has been a ren…
The impact of changes to the TV industry, the financial crisis and subsequent period of austerity appear to impact on the relative success of English football teams.
Here, our Director Hector Pollitt combines two of his passions: football and economics and puts forwards some s…
Hector Pollitt argues that there is great value in economic modelling results provided that the right sort of tool is used for the policy question in hand.
I’m writing in response to a recent blog for Climate Strategies by Katy Roelich. Katy’s blog covers the complexity of i…
This month’s spotlight blog features our Economist Sachin Babbar, based at our Brussels office.
Sachin tells us why he feels particularly nerdy at the moment, how he was inspired by Tim Harford’s ‘The Undercover Economist’ and why he’s so passionate about GDP!
Tell us about…
Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.
This latest blog by Hector Pollitt suggests that the ‘more is better’ assumption is too simplistic. In fact, he argues, the benefits of international trade are overplayed and it’s…
The momentum behind technological change in the global power and transportation sectors is overwhelming.
Our analysis, published in Nature Climate Change, suggests that between $1tn and $4tn could be wiped off the value of global fossil fuel assets by 2035.
This dramat…
Jean-Francois is lead author of Macroeconomic impact of stranded fossil fuel assets, published in Nature Climate Change last week.
The report highlights the significant macroeconomic and geopolitical consequences of continued investment in fossil fuels. He is our g…
The concept of environmental tax reform is not new and is core to environmental economics, but is it compatible with Modern Monetary Theory?
Environmental taxes aim to raise revenues for government, while at the same time discouraging behaviour that damages the environment. Ex…
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