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 218 Articles

The Bank of England risked our economy by believing a Peter Pan myth on inflation

June 21, 2023

The Bank of England is failing to predict or control the high rate of inflation because ultimately, no one believes in its ability to correctly predict the course of the economy, writes Paul Ormerod
Our approach to energy prices shows we want climate policies only if they’re free

June 14, 2023

High energy prices could have been an incentive for companies to move to less energy intensive processes and for consumers to use less energy. The opposite happened, writes Paul Ormerod
It’s time the Bank of England rethinks monetary policy – and its own methods

June 7, 2023

The Bank of England bases its forecasts on conventional models. But when it comes to monetary policy, there are many approaches it should explore instead - particularly the narrative one, writes Paul Ormerod
Confusion is the keyword for UK bonds as financial markets’ confidence fades

May 31, 2023

Financial markets have the jitters on UK bonds - and this is partially the fault of government debt, and partially the fault of the country's lack of productivity, writes Paul Ormerod
Windfall taxes, like speeding fines, can’t be a plaster solution for losing tax revenue

May 24, 2023

Speeding fines are effectively becoming a tax for councils, a way to raise revenues. But it's a short-term fix for a long-term problem exactly like windfall taxes, writes Paul Ormerod
Artificial intelligence won’t destroy your job, just look at Octopus Energy’s use of AI

May 17, 2023

Many worry that AI will steal our jobs. But just look at how Octopus Energy uses it, and you'll see that AI, like any other wave of innovation, also brings new jobs and opportunities, writes Paul Ormerod
Starmer is right, we need to give up on the cult of a university education for all

May 10, 2023

Keir Starmer won't abolish tuition fees like previously promised. His decision, so contested by many, is the first step towards a more egalitarian education system, writes Paul Ormerod
The Bank of England needs trade unionists and social scientists to stop groupthink

April 26, 2023

The Bank of England relies on models that aren't fit for purpose and is often guilty of groupthink. Welcoming social scientists and even trade unionists among its ranks could actually be beneficial, writes Paul Ormerod
Monopolies hire too many pointless managers and kill off productivity growth

April 19, 2023

Does your boss - or the economy - really need you?
Our ailing productivity is workers’ payback to the greed of bankers after the 2008 crash

April 12, 2023

If workers are quiet quitting, its because they have seen bankers get away with getting paid more for doing less.

Inflation expectations at record high in interest rates signal

BE ON THE BALL WITH OUR CHARITY FOOTBALL TOURNAMENT!

The best places to eat sandwiches in Lisbon, from bifanas to pregos

By: Paul Ormerod

All 218 Articles

Subscribe