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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 229 Articles
  • Reeves’ black hole alarmism is creating something scarier: A real one

    April 2, 2025

    Reeves' fearmongering has scared Brits into saving. The consequences will be more frightening than Reeves' 'black hole', writes Paul Ormerod.

  • Spring Statement: Reeves should abolish the OBR

    March 26, 2025

    By strengthening the OBR, Reeves has created severe difficulties for herself. Vital decisions about our economic future should be made by politicians, not unelected quangocrats, says Paul Ormerod Later today we will know for certain what is in Rachel Reeves’ Spring statement, a budget to all intents and purposes. But as is usually the case [...]

  • The bond markets must not be allowed block defence spending

    March 19, 2025

    The Germans are funding increased defence spending through debt so why can’t we? The Chancellor needs to start telling a better story about the future direction of our economy, says Paul Ormerod President Trump wants European countries to spend five per cent of GDP on defence. Kier Starmer plans to increase UK spending from 2.3 [...]

  • If crises are the test of a nation, Western Europe is failing

    March 12, 2025

    The financial crisis and the pandemic have shown how modern Europe deals with crises. And it's not pretty, writes Paul Ormerod.

  • What ever happened to levelling up?

    March 5, 2025

    Levelling up has all but disappeared from the government's agenda. That's a big mistake for growth, writes Paul Ormerod.

  • The West has been free riding on US defence spending

    February 25, 2025

    The West has been free riding on US defence spending for decades. It's no surprise Trump is now calling us to account, writes Paul Ormerod.

  • I’m sorry Ed Miliband, your big green energy plan is all fantasy

    February 12, 2025

    Ed Miliband's green vision is admirable, but the history of energy consumption shows it is but a fantasy, writes Paul Ormerod.

  • Yes, AI will wipe out some jobs. But this is the story of progress

    February 5, 2025

    AI will inevitably make some jobs redundant, but the benefits to society are far worth it, writes Paul Ormerod.

  • Starmer must remember humans respond to incentives, not rules

    January 29, 2025

    Rules are important to any civilised society, but Starmer has forgotten that humans respond far better to incentives, writes Paul Ormerod.

  • Reeves has placed an uncertainty premium on the British economy

    January 22, 2025

    Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty, says Paul Ormerod Daniel Ellsberg, who died in 2023 in his 90s, was a true Renaissance Man.   After a stellar career as an economics student at Harvard, he served in the Marines before working for the [...]

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