Monday, 24 March 2025

Planning again

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 The brilliant Sam Dumitriu ,  points us to the Bristol and Portishead  rail link.  from a brilliant piece by Ben Hopkinson .  The project w...
Wednesday, 5 March 2025

Index numbers and base year weights

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 Crafts and Harley have a neat guide to some index number problems. 1. they imagine an economy with  Year o: 10 bricks at 1 (io% of current...
Tuesday, 25 February 2025

Trade and Trump

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 A brilliant podcast with Martin Wolf and Richard Baldwin .  " Martin Wolf talks to Richard Baldwin: What’s the future of global trade...
Wednesday, 19 February 2025

Defence spending: getting a sense of the numbers

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 1. If we have to spend more on defence, what is the scale of those numbers? 2. The ever brilliant IFS have a " what does the governmen...
Friday, 7 February 2025

Do monetary incentives crowd out pro-social behaviour

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 1. This has always struck me as a potentially important critique of standard economic assumptions.  The ever brilliant Chris Dillow notes t...
Thursday, 6 February 2025

Bank of England Monetary Policy Report, February 2025

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 Is very downbeat.  My notes are here .
Monday, 3 February 2025

Intangibles and Industry Concentration

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 Very pleased to see this article.  Why has industry concentration risen? Because of intangibles.... Intangibles and Industry Concentratio...
Wednesday, 29 January 2025

UK Intangible investment: ONS data

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 1. The ONS has estimates of UK intangible investment 97-02 :  Investment in intangible assets in the UK: 2022 with data here:  Investment ...

Building new infrastructure: getting a sense of scale

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 The Chancellor is going it seems to announce backing for new infrastructure today.  For example, a new runway at Heathrow might cost £14bn ...
Tuesday, 14 January 2025

The Creative Industries

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 I often struggle to remember who is in and out of the official definition of the creative industries. Here is the table: And the source of ...