There is something about the way that economists think that makes them different. Sometimes this makes them downright brilliant. Other times it makes them complete outcasts. I often enthuse about the paradox of voting — the phenomenon whereby economists struggle to explain why people vote. But when I talk about it to anyone else, the […]

There was an interesting blog post over at the Telegraph by Geoffrey Lean over the weekend. He asked if GDP is “past its sell by date”, noting that “the EU is due to publish a paper which will conclude that GDP is too limited a measurement.” I agree with the view that GDP doesn’t tell […]

This Economist article asks why so many economists blog for free when they could be making money. Like millions of others, economists from circles of academia and public policy spend hours each day writing for nothing. The concept seems at odds with the notion of economists as intellectual instruments trained in the maximisation of utility […]