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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 221 Articles
  • 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.

  • From international trade to interest rates, macroeconomics is in yet another tail spin

    April 5, 2023

    Last week, anti-Brexit campaigners started complaining about the minuscule economic benefit of joining the CPTPP, but almost no one shaking a fist knows a thing about microeconomics, writes Paul Ormerod

  • Yes, money can buy happiness and our well-being doesn’t plateau as we get richer

    March 29, 2023

    The secret to happiness is...money. Recent studies have finally solved the debate on how to calculate what makes us happy, and indeed, it's having more funds, writes Paul Ormerod

  • Our struggle with illegal immigration will be nothing compared to in 10 years time

    March 22, 2023

    The draw for people to come to the UK will only become greater as climate change starts to cause extreme weather, writes Paul Ormerod.

  • A post-mortem of pandemic-era lockdowns expose a dangerous disregard for scepticism

    March 15, 2023

    Did any of the government ministers during lockdown listen to dissenting opinions?

  • Our regulators are too close to those they should be regulating – and this is a problem

    March 1, 2023

    Political parties of all colours have been lauding our regulators as "world class". Unfortunately, our regulatory bodies actually have a quite problematic record of failures, writes Paul Ormerod

  • Sports clubs defy the normal rules of markets and won’t bend to a football watchdog

    February 22, 2023

    Popularity of sports club is driven by their performance on the field, not by their financials. The very best efforts of a football regulator wouldn’t be able to change the way cultural markets work, writes Paul Ormerod.

  • The race for AI-powered search engines is a long war and ChatGPT could easily lose

    February 15, 2023

    Will ChatGPT mean the end of Google searches as we know them? As tech giants compete to get their version of the AI tool in pole position, all is not lost for Google, writes Paul Ormerod

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