Blogs&Reviews

Other Recent Blogs&Reviews:

  • Jonathan Portes, 09 June 2018

    There are discrepancies between population and migrations statistics for the UK, for both EU and non-EU nationals. As Jonathan Portes outlines in this post, it seems reasonably clear that in the recent past EU migration has been significantly higher, and non-EU migration significantly lower, than previously thought, and that, perhaps as a consequence of the government’s determination to reduce non-EU migration, the UK may have become even more dependent on EU migration.  

  • Jason Furman, Wilson Powell, 08 June 2018

    The fraction of Americans employed fell between 2007 and 2017, during which time employment rates rose in many other advanced economies despite these countries also facing a similar headwind of an ageing population. In this post, Jason Furman and Wilson Powell show how the biggest driver of this was employment among women, which stagnated in the US while increasing in most of the other advanced economies.

  • Ashoka Mody, 08 June 2018

    Social democracy bears a dual promise: domestic social justice and European unity. Reviewing Germany’s Social Democratic Party (SPD) and its post-WWII struggles, Ashoka Mody illustrates the difficulty in translating social democratic values into political practice. Unable to generate a domestic consensus and powerless to counter the priorities dictated by the euro, social democracy will continue to fail at home while divisions among EU nations deepen.

  • Simon Wren-Lewis, 07 June 2018

    Brexiters have come up with various reasons for not staying in the Customs Union. In this post, Simon Wren-Lewis argues that none of these reasons stands up to scrutiny. He also argues that Prime Minister Theresa May should have realised right away that the Brexit people voted for – taking back control and being at least no worse off in economic terms at the same time – was an impossible project, and that this realisation should have governed how she approached Brexit from the start. 

  • Roger Farmer, 07 June 2018

    That idea that, in the immortal words of Gordon Gekko, “greed is good” is encapsulated in the first welfare theorem of economics which explains why markets, most of the time, work well. Selfish behaviour by people seeking to improve their own lives will, inevitably, improve the lives of everyone else on the planet.  In this post, Roger Farmer asks why that idea doesn’t apply also to the financial markets.

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