Tag Archives: Politics

Labour should target national wealth, not debt

Politicians generally agree with economists in saying that investment isa Good Thing. After all, it’s seen as the font of economic growth and prosperity. And yet so often the public investment that politicians control falls victim to more immediate priorities. … Continue reading

Posted in Macroeconomics, Politics | Tagged , , , , , | Leave a comment

The Three Pillars of Sustainability

In an extended ING version of my latest piece for Project Syndicate (see previous post) I present this graphic of the three pillars of a sustainable recovery. Among others, I draw on the work of Raghuram Rajan, in his book … Continue reading

Posted in Politics, Sustainability | Tagged , , , , , , | Leave a comment

Sustainable Recovery Must Be More Than Green

In an article for Project Syndicate, entitled “A Sustainable Recovery Must Be More Than Green” I argue that climate action needs to be closely tied to the urgent need to protect jobs and livelihoods. Otherwise, it risks becoming yet another … Continue reading

Posted in Climate Change, Macroeconomics, Pandemic, Politics, Sustainability | Tagged , , , , , , , , , , , | 1 Comment

Time for Macroeconomics to be Remastered

A decade on from the financial crisis, economists have still to learn three crucial sets of lessons. Continue reading

Posted in Economic Forecasting, Inequality, Macroeconomics, Politics, Sustainability, Technology | Tagged , , , , , , | Leave a comment

The Great Disruption

The Great Disruption is the apposite title of Project Syndicate’s magazine for 2019. It explores the implications of the political fallout out from the financial crisis, globalisation, technological change and rising inequality. I was privileged to step into the panel … Continue reading

Posted in Macroeconomics, Politics | Tagged , , , , , , , , , , , , | Leave a comment

Confessions of an Economic Forecaster

Economists’ forecasts are notoriously inaccurate. This fallibility is hardly a great surprise given that we live in an irretrievably uncertain world. So why do we keep doing it? What can we learn? Here are my eighteen secrets and myths about the … Continue reading

Posted in Big Data, Bond Markets, Economic Forecasting, Macro, Macroeconomics, Politics | Tagged , , , , , , , , , | 2 Comments

Looking for Trouble

How politics could fuel downside risks to global markets It is easy to find downside risks to the outlook for the global economy and markets. Worse still, a recent ING report, entitled ‘Looking For Trouble’, highlights doubts about the ability … Continue reading

Posted in Brexit, Economic Growth, Macro, Macroeconomics, Politics, US Election | Tagged , , , , , , , , , | Leave a comment