Areas of expertise
Britain and Europe, the euro, fiscal and monetary policy, labour and social policy, competition, innovation, environmental economics and demographics.
04 April 2017
The single market's 'agglomeration effects' – the tendency of wealthier areas to attract capital and skills – seem as strong as the 'catch-up effects' of poorer members importing capital and expertise.
10 February 2017
Globalisation did not force governments to adopt policies that divided their countries, exacerbated inequality and hit social mobility. Many of them did those things by choice.
26 January 2017
Britain's economy has not weathered the Brexit storm. But the calm before the storm has lasted longer than many economists expected.
12 December 2016
Inequality, insecurity and a nativist backlash against immigration all help to explain the rise of populism. But globalisation does not prevent governments from addressing these problems.
22 November 2016
Trump's win has further weakened the liberal case for Brexit. Forging the closest EU ties possible is now even more essential for Britain.
21 October 2016
The 2008 devaluation did not prompt strong growth in British exports. The post-referendum fall in the pound is unlikely to do so either.
23 September 2016
Britain's economic record is mediocre and much of the country poor by Western European standards. The reasons for this are home-grown. And Brexit risks aggravating them.
19 September 2016
Britain is already an average economic performer by Western European standards. Brexit will further sap its economic dynamism and aggravate startling regional disparities
29 June 2016
Britain is in serious trouble. It does not need further concessions from you, but the dust needs to settle before it can take decisions about its future.
22 June 2016
Some frustration with the EU is justified, but much of it – particularly in the UK and across Central and Eastern Europe – reflects populism and nationalism.