Articles
  • “Finality,” Benjamin Disraeli told the House of Commons in 1859, “is not the language of politics.” Though 2011 is self-evidently not 1859, avoiding conclusions like the plague will be wise...March 2011

    Northern Africa: the revolution will be televised

    “Finality,” Benjamin Disraeli told the House of Commons in 1859, “is not the language of politics.” Though 2011 is self-evidently not 1859, avoiding conclusions like the plague will be wise…

  • Since the Global Financial Crisis of 2007, the term ‘bubble’ has become increasingly popular in modern financial journalism, particularly in asset markets. Despite this, surprisingly little solid economic theory or...March 2011

    Has China been blowing bubbles?

    Since the Global Financial Crisis of 2007, the term ‘bubble’ has become increasingly popular in modern financial journalism, particularly in asset markets. Despite this, surprisingly little solid economic theory or…

  • Written by Professor Richard Disney Professor of Economics, University of Nottingham Research Fellow, Institute for Fiscal Studies Background to the budget The annual presentation of the Budget by the Chancellor...March 2011

    Some budget arithmetic

    Written by Professor Richard Disney Professor of Economics, University of Nottingham Research Fellow, Institute for Fiscal Studies Background to the budget The annual presentation of the Budget by the Chancellor…

  • The economist is often likened to the astronomer: one who is powerless to influence the forces they study and resigned to formulate their ideas based on observation alone. An ideal...March 2011

    Is the future of economics experimental?

    The economist is often likened to the astronomer: one who is powerless to influence the forces they study and resigned to formulate their ideas based on observation alone. An ideal…

  • Over the last few years the world has experienced its first truly global economic crisis. Dubbed the ‘Great Recession’, the bursting of an unsustainable credit bubble and the crumbling of...March 2011

    Commodity-driven inflation in 2011

    Over the last few years the world has experienced its first truly global economic crisis. Dubbed the ‘Great Recession’, the bursting of an unsustainable credit bubble and the crumbling of…

  • Money doesn’t really exist. Currency as we know it is nothing more than ‘a promise to pay’ and only holds value by order of the ruling government; this is termed...March 2011

    Hard times for hard cash

    Money doesn’t really exist. Currency as we know it is nothing more than ‘a promise to pay’ and only holds value by order of the ruling government; this is termed…

  • We have felt the catastrophic effects of economic contagion, and are now witnessing the birth of political contagion; prime examples include Tunisia, Egypt and now Libya. In a civilized and...March 2011

    The dangers of defence

    We have felt the catastrophic effects of economic contagion, and are now witnessing the birth of political contagion; prime examples include Tunisia, Egypt and now Libya. In a civilized and…

  • The Middle Eastern protests have dominated the news agenda ever since the ‘Jasmine revolution’ began in Tunisia in mid December. The protests have since spread to many neighbouring countries; there...March 2011

    What impact will the Middle Eastern protests have on the world economy?

    The Middle Eastern protests have dominated the news agenda ever since the ‘Jasmine revolution’ began in Tunisia in mid December. The protests have since spread to many neighbouring countries; there…

  • South America is a continent that is often forgotten about by us Europeans given our colonial past in Africa and the high media profile of Asia. Indeed, Chinese trade with...March 2011

    China, Latin America and the Beijing Consensus

    South America is a continent that is often forgotten about by us Europeans given our colonial past in Africa and the high media profile of Asia. Indeed, Chinese trade with…

  • ET pointed his glowing finger towards Elliot and told him, “I’ll be right here.” If only he meant that he and his alien race were only going to be a...March 2011

    ET, don’t go home!

    ET pointed his glowing finger towards Elliot and told him, “I’ll be right here.” If only he meant that he and his alien race were only going to be a…

  • By the end of 2011, the global population will be 7 billion. Two centuries ago, the population was a mere 1 billion, indicating a staggering rate of increase. This dramatic...March 2011

    Forget the city – become a farmer

    By the end of 2011, the global population will be 7 billion. Two centuries ago, the population was a mere 1 billion, indicating a staggering rate of increase. This dramatic…

  • With the appointment of Ed Balls at the end of January, the question on many a political commentator’s lips is whether the new shadow Chancellor can meet the policy challenge...March 2011

    Economic policy in the shadows

    With the appointment of Ed Balls at the end of January, the question on many a political commentator’s lips is whether the new shadow Chancellor can meet the policy challenge…

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