Even if the pandemic hadn’t happened, we would have all ended up working remotely July 12, 2023 Working from home is not just here to stay, but the actual quantity of work which can be done from home will rise. Employees highly value remote work these days, writes Paul Ormerod
If politicians keep ignoring economists, our strategies will never be cost-effective July 5, 2023 Politicians need to learn from some of the mistakes made during the pandemic and learn to include economists in the policy-making process, writes Paul Ormerod
Sunak should be modelling his fiscal rules on Clem Attlee’s, not Margaret Thatcher’s June 28, 2023 Debt and inflation are nothing new, but economic conditions today are very different from the past. To get out of the current sandstorm, Sunak should follow the lessons of Clem Attlee writes Paul Ormerod
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