Entrepreneurship in the UK (Foundations and Trends(R) in Entrepreneurship)
Talk about Newsnight (Free subscription) | 11/11/2009
On this Armistice Day we will end tonight's programme with a discussion about the lasting resonance of the Great War poets and the Poet Laureate's poem written for today. Is poetry the most apt medium for conveying loss, bravery, anger and regret? We hope to be joined by the poets Simon Armitage and Andrew Motion. We will begin though with the state of the UK economy. "Gloomy optimism" would...
Lightwater (Free subscription) | 10/11/2009
Some eminent economists are fantasists. Well, it’s what I believe. Professor David Blanchflower, past member of the Bank of England’s monetary policy committee, and a favourite economist of Gordon Brown – [gosh, that's surely damned him], says that UK house prices remain well over-valued. Meanwhile Citywire reports that house prices are set to rise further. Whom are we [...]
Geary Behaviour Centre (Free subscription) | 07/11/2009
This article in today's Irish Times highlights the growing problem of unemployment among young people. It is good to see discussion of this aspect of David Blanchflower's talk from Monday . Blanchflower has done the world a strong service by highlighting in stark terms the problems associated with unemployment among young people. This issue is a low priority in current policy in Ireland with only token...
Working Class Tory (Free subscription) | 07/11/2009
Johann Hari had a terrible piece in the Independent yesterday. It was so bad I'm going to paste a large chunk of it and object to/correct it in red. Here we go: Of course, the most consequential policies so far cover the economy, where Cameron is promoting a fringe philosophy rejected by every other elected government. Most economists believe that when private spending collapses, the Government has...
The Observer (Free subscription) | 05/11/2009
• Economists split over whether QE should be expanded • Interest rates likely to stay at record low of 0.5% The Bank of England today faces the difficult decision of whether to pump more money into the struggling UK economy by expanding its unprecedented £175bn quantitative easing programme . Many City economists expect the Bank's monetary policy committee to increase the QE programme...
World Update with Dan Damon (Free subscription) | 03/11/2009
On Thursday 5th Nov, World Update will come from the University of London's School of Oriental and African Studies, SOAS. We're looking at the growing disillusionment of young people, many of whom feel that however hard they try, however dedicated they are to their studies, they will either spend a long time unemployed or have to lower their sights and get a much less prestigious and exciting job....
Geary Behaviour Centre (Free subscription) | 02/11/2009
The conference today was a great experience intellectually if not emotionally. John McHale argued for the idea of notional defined contribution pensions and provided a thought-provoking discussion of the nature of the Irish pension system and the challenges facing it. Colm Harmon gave a wide-ranging talk outlining the economic policy issues surrounding irish education from pre-school right up to postdoctoral...
Foreign Exchange Outlook (Free subscription) | 30/10/2009
GBPEUR/GBPUSD The Pound rallied strongly against the U.S Dollar yesterday, reaching a high of $1.6600 in London, while the UK currency also rose for a fourth straight day versus the Euro, briefly touching upon 1.1200. A report from the Bank of England showed that UK mortgage approvals increased more than initial estimates in September. Banks and lenders granted 56,125 home loans, compared with 52,970...
The Guardian (Free subscription) | 26/10/2009
Unemployment likely to to hit 5 million with school leavers particularly vulnerable – ex-MPC member Youth unemployment could rise much higher unless the government takes radical steps to help school leavers and graduates, former Bank of England labour market expert Professor David Blanchflower has warned . Predicting "permanent scars" on society, Blanchflower called for the school...
PXDCO Reviews (Free subscription) | 26/10/2009
Click Here to watch how I turned $4000 into $40000 on Forex Former Bank of England policy maker and now a professor at Dartmouth College, David Blanchflower, discussed U.K.’s third quarter gross domestic product, which contracted to 0.4%. In his discussion, Mr. Blanchflower said “there’s every prospect” the U.K. 3Q GDP will be revised lower and [...]
Events dear boy, events (Free subscription) | 23/10/2009
So, the British Chambers of Commerce has been proved right , the UK economy has not come out of recession. However, before we all overreact it is well worth reading Stephanie Flanders . The headline figures may not be reflecting what is actually going on. That, of course, will not help Brown after another dreadful week. His political credibility has fallen further after Biscuitgate, save the world...
Lightwater (Free subscription) | 23/10/2009
It’s often said that when you put 10 economists in a room together you end up with 13 different opinions. Never truer than last week, when two totally opposite opinions on inflation appeared in print within days of each other. First, economist David Blanchflower, recent past member of the Bank of England’s Monetary Policy Committee, says in the New Statesman, “What’s so bad...
Adam Smith Institute Blog (Free subscription) | 21/10/2009
Just reflate the debt away. Moderate inflation would lift people out of negative housing equity. A few years of inflation of roughly 5 per cent or so would be very attractive right now. Maintain the monetary stimulus and if necessary expand it further for the foreseeable future, and keep the fiscal stimulus going. Too much is better than too little. And, for goodness' sake, don't start paying back...
Events dear boy, events (Free subscription) | 15/10/2009
John Rentoul wants know who wrote this : Not too late for Labour to ditch Brown and win Sweeping modesty aside, the answer is at hand. We both did. The article is a synopsis of what us AJ campaigners have been saying for months. Of course, Labour would be much better off with a new leader to sing the David Blanchflower theme tune . Should it be AJ or one David Miliband? Our Man is on Question Time...
The First Post (Free subscription) | 14/10/2009
Is David Blanchflower, the Bank of England's 'wise man' who predicted the severity of the recession and prescribed the correct medication months before anyone else, set to…
Videos