Autumn Budget 2021 – the new era of Johnsonian politics

An intensely political budget This Budget had many seminal moments worth mentioning. First amongst them is the signal it sent about the change in the Conservative party. Of course, it was intensely political, stealing economic and social policies from its main opposition. Agreeing with many government policies has left the opposition with little room to …

The political economy of climate change

We face significant challenges: climate change, COVID-19, an ageing population, inequality, both within and between countries, and the pace of technological change, itself leading to further inequality. All are critical, but the one that seems to pose an existential threat to humanity –and so is slowly leading to coordinated action –is climate change. There have …

Quantitative Easing and the risks of rising wealth inequality

In the face of unprecedented actions to safeguard public health, government-mandated lockdowns have seen global economies in free-fall. In response, central banks have embarked on several innovative monetary and fiscal measures. Official short-term interest rates were cut to record lows in most advanced economies. In some jurisdictions, like in the EU and Japan, rates have …