By: Paul Ormerod

Paul Ormerod is an economist at Volterra Partners LLP, author and an Honorary Professor at the Alliance Business School at the University of Manchester

All 204 Articles

Politicians and voters must wake up to reality of a zero growth economy

Opinion

The past six years have been the worst period for growth in normal peace time since the start of the Industrial Revolution over 200 years ago, says Paul Ormerod The latest estimates from the Office of National Statistics show virtually no growth in the size of the economy in the period October to December 2025. [...]
A university education is no longer good value for money

Opinion

Students have been turned into customers but the product they’re buying is worthless and it’s underwritten by the taxpayer, says Paul Ormerod The plight of graduates burdened with debt has been a prominent feature in the media over the past week or so. Hundreds of thousands will never earn enough to repay their student borrowings, [...]
Warnings on AI from the Industrial Revolution

Opinion

The mechanisation of weaving in the 19th century didn’t just affect jobs, it led to years of political unrest culminating in the Peterloo Massacre. Leaders had better be ready for what’s coming with AI, says Paul Ormerod Last week the US AI company Anthropic released a tool which it says can automate legal work such [...]

The economics of superstars: Can Taylor Swift her AI era?

February 4, 2026

Claims that AI will make it harder for working class talent to succeed in the creative industries miss the point – the arts are inherently unequal, and not because of technology, says Paul Ormerod The cultural and creative industries have been very much in the news over the past week A report fronted by the [...]
Graduate crisis proves British universities are no longer fit for purpose

January 28, 2026

It's time to accept that a substantial proportion of British universities are simply not fit for purpose, writes Paul Ormerod.
Son-of-a-toolmaker Starmer is a poor workman

January 22, 2026

Successful organisations, from businesses to governments, work best when their leaders are able to articulate a clear, long-term vision, says Paul Ormerod Keir Starmer has been complaining that the machinery of government does not work properly. When he pulls a policy lever, very little happens. This has provoked a public argument with the health secretary, [...]
Labour is leading Britain on an economic death march

January 14, 2026

Keir Starmer’s premiership looks to be over but, unlike great Labour leaders of the past, none of his possible replacements has a vision for growth, says Paul Ormerod To all intents and purposes, an election campaign for the position of leader of the Labour Party is currently underway. In fact, it has been for some [...]
Venezuela proves farce of political forecasting

January 6, 2026

If history teaches us anything, it's that political forecasters almost always get it wrong. Just look at Venezuela, writes Paul Ormerod.
The government is using Brexit as a scapegoat for its own failures

December 10, 2025

Keir Starmer is clearly manoeuvring to get Britain to rejoin the EU – but Brexit is not to blame for Britain’s appalling growth record, says Paul Ormerod David Lammy, the deputy Prime Minister, chose last week to reopen the issue of the UK rejoining the EU. Asked if we will go back into the customs [...]
Here’s what should really bother Chancellor about the OBR

December 3, 2025

An unprecedented row has broken out between the Chancellor and the OBR about short-term productivity forecasts, but what should really worry Reeves is the long-term projections for debt, says Paul Ormerod The row – no, the furore – between the Chancellor, Rachel Reeves, and the Office for Budget Responsibility (OBR) is unprecedented. The resignation of [...]

Oil price surge pushes investors to bet against interest rate cut

Why Nike’s split with Raducanu is a conscious uncoupling

Psst… This is how to ski Les 3 Vallées without the crowds

By: Paul Ormerod

All 204 Articles

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