Author Archives for Paul Ormerod

2019 Articles

For richer or for poorer? The economic case for marriage is worth remembering
For richer or for poorer? The economic case for marriage is worth remembering
An important piece of social news emerged last week. According to the Office for National Statistics, the divorce rate in [...]
December 4, 2019
Labour's rejection of conventional economic theory ignores important insights
Labour's rejection of conventional economic theory ignores important insights
One of the first tasks facing whoever becomes chancellor after the General Election will be choosing the next governor of [...]
November 27, 2019
Celebrating Germany’s recession dodge? The data isn’t quite as solid as you think
Celebrating Germany’s recession dodge? The data isn’t quite as solid as you think
Ardent Remainers had a rare bit of good news at the end of last week. The latest statistics for the [...]
November 20, 2019
Today’s apologists for socialism still won’t acknowledge the lessons of the Berlin Wall
Today’s apologists for socialism still won’t acknowledge the lessons of the Berlin Wall
The media has been awash over the past week with stories about the thirtieth anniversary of the fall of the [...]
November 13, 2019
From World War II to the financial crisis, our institutional memory is fading fast
From World War II to the financial crisis, our institutional memory is fading fast
The young contestants on Lord Sugar’s reality TV show The Apprentice sparked outrage last week. They appeared to have virtually [...]
November 6, 2019
The economic impact of Brexit tariffs only tells us half the story
The economic impact of Brexit tariffs only tells us half the story
Brexit is about much more than the economic costs and benefits, but the idea that the former dramatically outweigh the [...]
October 30, 2019
Until Scotland’s currency puzzle is solved, independence is economically delusional
Until Scotland’s currency puzzle is solved, independence is economically delusional
The possibility of Scottish independence is back on the political agenda once again. And one question – which currency would [...]
October 23, 2019
This year’s Nobel economics laureates have made the world a better place
This year’s Nobel economics laureates have made the world a better place
This year’s Nobel Prize in economics, announced on Monday, was a ray of sunshine amid the prevailing media gloom.   The [...]
October 16, 2019
Forget ‘reparations’, scrapping subsidies is the way to help get Wales back on its feet
Get ready to put your hands deep into your pockets for the boyos and girlos of the Welsh Valleys.  Adam [...]
October 9, 2019
What kind of person crosses the Nevada desert to investigate UFO conspiracies?
What kind of person crosses the Nevada desert to investigate UFO conspiracies?
Area 51 is a mysterious place. Located deep in the Nevada desert, it is home to highly classified US military [...]
October 2, 2019
In such volatile times, the safest assets aren’t necessarily what investors think
In such volatile times, the safest assets aren’t necessarily what investors think
Given the climate of intense uncertainty, the FTSE index remains remarkably resilient. It currently sits almost bang in the middle [...]
September 25, 2019
Britain’s car industry could weather a storm of tariffs better than you’d think
Britain’s car industry could weather a storm of tariffs better than you’d think
The latest American Economic Review contains a timely paper. Keith Head and Thierry Mayer, at the University of British Columbia [...]
September 18, 2019
Watch out fiscal conservatives – the mood has shifted and the spending taps are on
Watch out fiscal conservatives – the mood has shifted and the spending taps are on
The Autumn Spending Review announced by the chancellor Sajid Javid barely raised a ripple last week. Yet the increase planned [...]
September 11, 2019
Economic theory can offer a lesson to struggling football clubs
Economic theory can offer a lesson to struggling football clubs
The expulsion of Bury FC from the English Football League last week continues to generate a huge amount of sound [...]
September 4, 2019