Economics

Does a tax rise make you work less? Or does it spur you to work harder?

8 June 2018 13:07

History records many well conceived and apparently logical grand plans for the betterment of mankind. Sadly such ideas almost always…

The Spectator Podcast: The New Arrival

26 April 2018 14:11

In this week’s podcast, we discuss Meghan and the monarchy – is Meghan Markle good news for the Establishment? And…

Investing in zero-carbon shipping will only benefit the UK economy

19 April 2018 12:55

The shipping industry contributes around 2% of all global carbon emissions – a figure comparable to the entire CO2 emissions…

Could the Russian economy benefit from some Roman history?

6 April 2018 17:48

The Russian economy is not in the greatest of shapes. That being the case, one would have thought friendly diplomatic…

How the economics of cow-milking can help explain Brexit

1 August 2017 16:13

Writing about judicial appointments, I incautiously compared a silly interview question asking a judge to cite an example of when…

Even the BBC’s Business Editor struggles to explain the deficit

28 June 2017 15:47

With austerity so last election, voters no longer seem too fussed by the deficit. It may be that they no…

The Spectator Dashboard: interactive UK data

1 January 2016 8:00

Great progress has been made in open data over the last few years, with most important facts and figures now available…

Why is big business so interested in left-wing politics?

29 May 2015 10:23

Numerous commentators have noted how the Irish marriage referendum was influenced by big business, especially Californian-based companies like Google. It’s one…

Why attack ‘trickle-down economics?’ It doesn’t exist – and never has done

28 April 2015 20:07

During this election campaign, some intelligent people – politicians and columnists – have attacked “trickle-down economics” in the mistaken belief that…

Is David Cameron telling porkies on the deficit? His spokesman explains

15 December 2014 17:26

As Fraser points out, David Cameron has gone from saying the deficit has been brought down by a third to claiming…

The idiot economy – behind the ‘dark web’ cyber-crime busts

10 November 2014 18:59

Spectator Money is out, with ideas on how to make it, spend it and even how to be seen spending it. Freddy Gray looks…

There is no such thing as ‘immigrants’ – only Poles, Yanks, Somalis…

6 November 2014 15:50

There was much glee about yesterday’s publication of a report into the economic impact of immigration, which concluded eastern Europeans…

My generation can’t afford to buy a house in London; so what?

28 October 2014 18:58

The UK Land Registry today released its latest report on house prises, showing the ticket-cost of an average home in…

Why the UK should should be subject to different rules on European migrants

23 October 2014 11:25

The rest of Europe has, predictably, reacted negatively to the suggestion that the UK should be able to impose some…

Get me out of here: London is the ‘childbirth capital of Europe’

9 October 2014 10:37

I see that London is now the ‘childbirth capital of Europe’, with the highest birth-rate on the entire continent. London,…

The Disappearance of Michel Houellebecq: French chin-stroking at its very best

23 September 2014 14:59

Just when you thought Bernard-Henri Lévy had taken a chin-stroking national stereotype as far as it could possibly go, you…

Team Osborne party with John Maynard Keynes

11 June 2014 13:09

The Chancellor’s economic brain, Rupert Harrison, looked distinctly restless last night, sipping champagne in John Maynard Keynes’s drawing room. Osborne’s chief-of-staff,…

Monty Don, Kirstie Allsopp and Bear Grylls – we get the TV shows we deserve

22 May 2014 18:04

We’re now on day three of the Chelsea Flower Show, and this year the BBC have taken their coverage to…

Ten handy phrases for bluffing on Thomas Piketty’s ‘Capital in the Twenty-First Century’

29 April 2014 15:03

How do you sound clever and au courant in 2014? Easy. You talk knowingly about Capital in the 21st Century,…

Why Fraser Nelson is wrong about a jobs ‘miracle’

16 April 2014 15:52

In his blog earlier today, Fraser Nelson argues: ‘The UK jobs miracle is happening mainly due to radical welfare reform…

The rise of the BRICs and the fall of the JUUGs

2 March 2014 10:35

It was back in 2001 that my good friend Jim O’Neill of Goldman Sachs coined the acronym ‘Bric’, short for…

A credit boom before each bust

14 January 2014 13:24

Here is a graph that shows the four economic downturns Britain has been through (red lines) over the past forty years.…

Economists – the scourge of mankind

3 January 2014 11:31

Are there any disciplines on earth as hyped-up and overrated as economics? Every subject depends to some extent on others;…

British households are still overwhelmed by debt

20 November 2013 14:30

Despite ‘the age of austerity’, Britain still has a debt problem. That’s the conclusion of a new report from the…

America is not facing a debt crisis. Why pretend otherwise?

8 October 2013 14:29

The maths of America’s financial problems are fairly simple. Every year the federal government spends more than it brings in…