Blogs: Sectors, Trade & Competitiveness

Modern supply chains are international and highly fragmented, and services can be readily traded. Our expertise makes sense of these complexities.

Trade modelling, supply and demand… and Brexit

trade supply demand brexit

In a previous blog post I wrote about how the positive impacts of trade may be exaggerated by standard models – and how the economic impacts of trade may not always be positive.

I noted that simulations with Cambridge Econometrics’ post-Keynesian E3ME model would not neces…

Austerity and the relative success of English football teams

football austerity government spending

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 so…

International trade – is more, better? Why economists need to take a new look at the role of international trade in the modern economy

international trade is more better

Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.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 …

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 th…