Justice in trade is not simply a moral question
The trade justice day is an opportunity to reframe accurately the discussion on international trade.
What is the chance of your being guilty?
Reverend Bayes could not to go to court; his insights should
Why fat cats are bad for business
Greed perceived as a quality rather than as a defect has had serious consequences to the business world.
Political decisions are not a matter of statistics
The report regarding the Chancellor’s five tests for joining the Euro might provide an impressive economic analysis; yet as we all know it will be a pointless one too
A waiter calls the top of the property market
A revealing dinner party conversation on house prices.
Previous convictions: April 2003
I used to share the physics envy of many economists. The responses to Bjorn Llomborg's book have helped change my mind.
The real culprits in Europe’s pensions crisis
The problem of the European pension gap cannot be tackled by the kind of financial engineering proposed by the European Financial Services Round Table. This is not the moment in history to argue that private pension funding is necessarily superior to state provision.
Take the politics out of fiscal policy
Even though there is a case for leaving the responsibility of fiscal policy to the government, there is an even greater need for achieving the discipline and the same kind of objective assessment that has worked so well for monetary policy
The high cost of ICI’s fall from grace
The fate of ICI demonstrates how the market disciplines unsuccessful choices of strategy; in the case of ICI it is almost unfortunate that it does so.
Desperate dons must take risks for bigger rewards
Tony Blair has shown decisive leadership qualities in putting forward necessary but unpopular proposals to restore universities' freedom to set fees. It needs to be matched by similar qualities of leadership in the universities themselves.