On RBS, 70s inflation, teachers’ incentives and the curious case of the missing stuff

13 Aug

“Cabinet ministers” (*cough* Vince Cable *cough*) are talking about nationalising RBS. I look at the reasoning behind it.


Tories like to believe we are living in the 1970s. We are not.


In which Chicago economists – including Freakonomics‘s Steven D Levitt – dock teachers’ pay if their pupils get Fs. They say this raises educational standards. I dissent.


The UK productivity puzzle: why there is more jobs and less stuff? What are these extra 400,000 workers doing, if the economy’s 0.3% diddlier?



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