Where did this start? In 1971 Prime Minister Edward Heath took Britain into the Common Market on the back of a demand led reflation. Up until that time the UK had a policy called Competition and Credit Control which restricted the use of hire purchase. To boost the economy, Heath withdrew the policy and unleashedRead more
An opinion piece by Dr T. Huw Edwards Mike Pompeo, US Secretary of State, has just waded into the Brexit debate, promising a trade deal with the UK is very close. This move is clearly intended to influence the debate in the UK against a close relationship with Brussels. But, if we were indeed toRead more
From hit shows like Strictly Come Dancing to Miss India, the Conservative party leadership battle and the recent Eurovision extravaganza – contests teach us a lot about human behaviour, taste and the way markets operate. Tacky, fun or lifestyle enriching contests inform us about the interaction of the consumer (judge/voter) and the supplier/firm (contestant) lookingRead more
Last week took me to Istanbul, working on a Newton Mobility Grant project with two of our former PhD students, Umut and Burcu Senalp. During the time that I was away, the Brexit crisis in Parliament really got going, which triggered a number of thoughts. First of all, the role of Turkey in the BrexitRead more
This Blog post, written by Dr Huw Edwards, was originally published in The Conversation “Over the past few months, we have been investigating how the vote of June 23 2016 has since affected the values and patterns of Britain’s trade with major trading partners inside and outside the European Union. By comparing trade flows withRead more
Warning: Our resident ‘time travel’ expert, Dr Jon Seaton, provides here a slightly tongue-in-cheek evaluation of the effect of Brexit on the cost of time travel. For many students starting University – the prospect of sitting down to a tried and trusted TV favourite may just be the right thing to relax to – afterRead more
This Blog post was written by Dr Huw Edwards. The debate over ‘what kind of Brexit?’ seems to be reaching an important tipping point, with the Labour party now joining with pro-European Tories and the Confederation of British Industry in recommending one particular form of ‘soft Brexit’: namely, that the UK should remain in aRead more
This Blog post was published in The Conversation on 22nd November 2017 – written by SBE’s Visiting Professor of Economics Randall Wigle from Wilfrid Laurier University, Canada Being a Canadian sabbatical visitor in the United Kingdom this year has allowed me to witness Brexit politics at close hand. As an economist, I’ve found it fascinating.Read more
Economists for Free Trade: Extraordinary Claims Demand Extraordinary Evidence, but they have provided none. In discussing the ‘Economists for Free Trade’ (EFT) ‘report’, I am unfortunately unable to comment upon the numerical and modelling work in any depth, since no technical documents have, to date, been released. (The absence of serious data, model details orRead more
Professor Alistair Milne at the SBE has just written a new blog post for The UK in a Changing Europe, published today, about why the CBI are right in calling for an extended negotiation with the EU over Britain’s exit. He writes: “In a recent speech Carolyn Fairbairn and Rain Newton Smith of the ConfederationRead more