By: Paul Ormerod

Paul Ormerod is an economist at Volterra Partners LLP, author and an Honorary Professor at the Alliance Business School at the University of Manchester

All 173 Articles

For once, Humza Yousaf has set an example other politicians should follow

March 15, 2024

In overriding the advice of “experts” and channelling aid to Gaza, Yousaf did what politicians are elected to do, says Paul Ormerod Humza Yousaf, the First Minister of Scotland, does not often attract plaudits. But last week he overrode the advice of his officials. Shock, horror. Surely Sir Humphrey and the “experts” always know best. [...]
Tech is in turmoil – but there is an upside

March 6, 2024

There’s no need to panic about cutbacks and uncertainty around AI, capitalism is all about change and innovation, says Paul Ormerod The Greek god Chronos, known as Saturn to the Romans, was notorious for eating his own children. Something similar seems to be going on within the tech industry. Tech giants such as Google, Microsoft [...]
Interest rates aren’t as influential as you think

February 28, 2024

Andy Haldane’s criticisms of the Bank of England’s persistence with higher rates are misguided. Just as near-zero rates following the financial crisis were hardly a stimulus to growth, the more recent actions of the MPC can’t be said to be ‘crushing the economy’, says Paul Ormerod Criticising the Bank of England has become fashionable in [...]
Ricardian Equivalence and why Britain’s really in a recession

February 21, 2024

The intriguing factor governing low household spending isn't mortgages or energy prices, argues Paul Ormerod, but saving...
There’s a solution to dire public services: make our public sector more productive

February 14, 2024

If productivity can be raised, more services can be provided to the public for any given level of spending, writes Paul Ormerod
Academics publishing pointless papers is another sign of a dire crisis in universities

February 7, 2024

With lecturers incentivised to carry out worthless research and students let in on ability to pay, it is high time universities were reformed.
Marriage: Romantics bemoan its demise but so should economists

January 31, 2024

As the share of adults in the UK who are married drops below 50 per cent for the first time ever, economists as well as romantics should be concerned, writes Paul Ormerod
Port Talbot closure highlights uncomfortable truth about clinging onto the past

January 24, 2024

Port Talbot workers have been left in the lurch, but the steelworks' closure is part and parcel of progress, writes Paul Ormerod.
They may be annoying, but Gen Z’s quarter life gap years are economically rational

January 17, 2024

Gen Z have been lambasted as lazy, but their desire to push back the corporate timeline makes economic sense, writes Paul Ormerod.
A look at Germany shows the UK’s growth problem is not a Brexit phenomenon

January 10, 2024

Germany is struggling; but its discontent is emblematic of a problem the whole of Western Europe must address, writes Paul Ormerod

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Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Paul Ormerod

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