Author Archives for Paul Ormerod

2019 Articles

Want to tackle the scourge of fake reviews? The market can help with that
Want to tackle the scourge of fake reviews? The market can help with that
The internet has led to a massive increase in the amount of information available. Often, this is a good thing. [...]
April 24, 2019
Britain is more optimistic about Brexit than gloomy economic forecasts suggest
Britain is more optimistic about Brexit than gloomy economic forecasts suggest
The International Monetary Fund (IMF) is up to its usual tricks. Last week, it predicted a two-year recession in the UK [...]
April 17, 2019
Jeremy Corbyn and Alexandria Ocasio-Cortez love Modern Monetary Theory, but it is just the magic money tree again
Jeremy Corbyn and Alexandria Ocasio-Cortez love Modern Monetary Theory, but it is just the magic money tree again
As the Brexit process unfolds, the possibility of a Corbyn government has become much more tangible. Last month, John McDonnell, [...]
April 10, 2019
If there is something fishy about online influencers, why do we take the bait?
If there is something fishy about online influencers, why do we take the bait?
Social media influencer, Yovana Mendoza, provided an amusing diversion from Brexit last week. The 20-something vlogger built a very lucrative [...]
April 3, 2019
Looking for Brexit consensus? You won’t find it – and this Nobel-winning economist can tell you why
Looking for Brexit consensus? You won’t find it – and this Nobel-winning economist can tell you why
Should pure blue sky research be funded? Certainly, the answer from government-backed research councils seems to be “no”. The emphasis [...]
March 27, 2019
Emojis are a better metric for national wellbeing than traditional data methods
Emojis are a better metric for national wellbeing than traditional data methods
HMRC’s programme to make tax digital continues to roll out. Anyone with a small business will know about the imminent [...]
March 20, 2019
Economics could teach Theresa May a thing or two about tackling knife crime
Economics could teach Theresa May a thing or two about tackling knife crime
Knife crime continues to dominate the headlines. What can be done about it? Economics does not pretend to provide all [...]
March 13, 2019
Like the myth that the Earth is flat, the socialist conspiracy theory never dies
Like the myth that the Earth is flat, the socialist conspiracy theory never dies
The idea that the Earth is flat is a rapidly growing trend on social media. The Flat Earth Society’s Twitter feed [...]
March 6, 2019
If we’re going to get serious climate action, we need to talk honestly about the economic costs
If we’re going to get serious climate action, we need to talk honestly about the economic costs
Sydney University’s Centre for Complex Systems does innovative work on a broad range of topics. But spending the last couple [...]
February 27, 2019
Why we should allow second-rate universities to go bankrupt
Why we should allow second-rate universities to go bankrupt
The political spotlight remains focused on Brexit, but an important dogfight is developing in the area of higher education. The [...]
February 20, 2019
Looking out for the next financial crisis? Keep an eye on spiralling debt
Looking out for the next financial crisis? Keep an eye on spiralling debt
Concerns are growing that another financial crisis is imminent. No less important a figure than Kenneth Rogoff wrote last week [...]
February 13, 2019
What’s the point of economists? Look to America’s tech giants to find out
What’s the point of economists? Look to America’s tech giants to find out
Despite the dire predictions from the economics profession about Brexit, the UK economy is doing well. Growth continues at a [...]
February 6, 2019
AI has not yet spurred a productivity boom, but just you wait
AI has not yet spurred a productivity boom, but just you wait
Nobel laureate Bob Solow pronounced 30 years ago that “you can see the computer age everywhere but in the productivity [...]
January 30, 2019
No matter how we measure inflation, politics will forever trump economics
No matter how we measure inflation, politics will forever trump economics
THE ECONOMIC Affairs Committee of the House of Lords has got its bovver boots on. Last week, the government was [...]
January 23, 2019