Economies are complex systems. Businesses are interlinked through fragmented supply-chains that connect diverse countries, regions and cities across the world. We help you understand this complexity and the role of tax and finance, innovation and infrastructure on economic development.
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…
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 …
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…
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…
Autonomous vehicles will change settlement patterns by removing the need to live close to our workplace or public transportation. This will enable people to leave cities, swapping urban life for peaceful, rural locations.
Accidents caused by drink driving and human error will …
An issue that often arises when discussing a transition to electric vehicle use is fuel duty revenues, and how and whether governments will enforce new taxes to replace them.
How much revenue does fuel tax generate, and how long would it take for UK fuel duty revenue to reach …
On 11 September 2017 the UK government announced that two developers would commit to delivering 2.4GW of offshore wind capacity for a strike price of £57.50 per MWh generated from 2022/23, taking the industry by surprise. Comparisons to the £92.50 MWh required by the plann…
There is a tsunami on the horizon… autonomous vehicles are coming. The impact of this disruptive technology will ripple through the economy affecting our behaviour, our industries and our governments’ policies. The changes will be profound.
Our recent market fore…
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