Category Archives: Uncategorized

Tax and ‘the rich’

One of the my favourite Spitting Image sketches features the Queen complaining about the behaviour of the rich, to which an exasperated Prince Philip replies, “You ARE the bloody rich!” The rich are always somebody else. As Gaby Hinsliff says, there’s always … Continue reading

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Productivity: Why worry?

My post on productivity earlier this month prompted a few questions about the relationship between profit and productivity, and specifically, how a company can increase its profits while productivity is falling. For example, one on LinkedIn remarked: Since productivity and … Continue reading

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The ‘we’ of slavery

When British people use the word ‘we’ in the context of our nation, we don’t just mean those who are part of it now but also those who were part of it in the past. So ‘we’ stood up to … Continue reading

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Brexit: Britain’s Prohibition

The prohibition of alcohol in the USA was one of those occasions when a nation seemed, to the rest of the world, to have taken leave of its senses. It is one of the most draconian and long-lasting restrictions on personal … Continue reading

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Productivity and bad bosses

The speech by Bank of England chief economist Andy Haldane last month was another valiant attempt to get to the bottom of the productivity puzzle. Why did productivity decline after the recession and why has that decline been particularly sharp in the UK? … Continue reading

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Brexit: Could there be a legal challenge to trade negotiations?

Sometimes the stream of  Brexit hysteria in the Daily Express yields the odd interesting nugget. Last week the paper reported that the European Commission wants to “torpedo” the Brexit negotiations by putting “a legal lock on discussions about the UK’s access to … Continue reading

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Brexit likely to hit Leave voting areas hardest

If people voted Leave to stick it to the metropolitan elite they might be disappointed. A piece of research published in Regional Studies journal this month found that London is a lot less dependent on EU trade than most other parts of the … Continue reading

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