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Neoliberalism & productivity

Chris Dillow / February 26, 2017 at 1:08 PM 166 views

Chris Edwards says the privatizations started by Thatcher “transformed the British economy” and boosted productivity. This raises an under-appreciated paradox. The thing is that privatization isn’t the only thing to have happened since the 1980s which should have raised productivity,…

Ignoring people

Chris Dillow / February 23, 2017 at 1:19 PM 153 views

Are economists - even when they are right - guilty of ignoring people’s real experiences? I ask because of the row over business rates. Some businesses face a big increase in these. To this, it’s tempting for economists to point…