A UK triple dip? It’s just one big slowdown

January 30, 2013

By any realistic definition, the UK isn’t on the edge of its third recession since 2008. GDP has just been stable and low. The stagnation will end eventually, but the structural problems behind it will endure, making the future feel depressingly like - yet more recession.

Stock market rally celebrates bittersweet birthday

March 9, 2010

Birthdays are a good time to look back. The first anniversary of the global stock market rally -- the lows were hit on March 9, 2009 -- certainly brings back memories. It's easy to see why the MSCI World Index is 71 percent higher now than then.

Economics for politicians

December 7, 2009

Politicians can learn from professional economists' weaknesses. The first rule of political economics is that consensus views should not be accepted blindly. It's good to consider minority views.

This is Jamie’s land, this is your land

October 14, 2009

It’s a tale of two economies — one for the titans of U.S. banking and one for the rest of us.

The myth of the man-cession

October 6, 2009

The novelty of the man-cession has been overstated. Delve deeper, and men have not been doing so badly by historic standards. Nor have women been making great breakthroughs. They may have been better at clinging onto their jobs, but women have not done so well holding onto their salaries.

Is the U.S. job market broken?

October 5, 2009

Is there a "new normal" for the American labor market? Are the days of an unemployment rate of just 4 to 5 percent a thing of the past?