A great deal of government policy during the Covid crisis has involved regulation. Given a choice, economists usually prefer to
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About Paul Ormerod
Paul Ormerod is an economist at Volterra Partners LLP, a Visiting Professor in the Department of Computer Science at UCL, and author of Against the Grain: Insights of an Economic Contrarian, published by the IEA in conjunction with City A.M.
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King Canute has had a bad press. The monarch sat on the beach on his throne with the deliberate intention
Decisions, whether by individuals, companies or governments, are often made with imperfect and incomplete information. This is so obvious as
Office workers continue to display reluctance to return to their workplaces, despite encouragement from the government for them to head
Did Sweden get it right in its response to Covid? There is increasing interest in this question. Contrary to widespread
There seems to be a fundamental problem with quangos. Hardly a day seems to go by without some new story
In an otherwise depressing week, two pieces of very good news emerged from India. In Mumbai, blood tests conducted by
A key concept in modern economics is, to use the jargon term, rational expectations. The idea has dominated orthodox macroeconomics
Another day, another lurid, headline-grabbing number of deaths to expect from Covid-19. This time, it was a study from the
The Prime Minister is now demanding that offices reopen to revive economic activity in the centres of towns and cities.
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