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Spectator – Coffee House blog

The embarrassing role of economists on Brexit

A major impediment to clarity has been the weight of advice from what Michael Gove calls ‘organisations with acronyms’ suggesting that  a ‘no deal’ on trade will greatly damage the UK economy. Our careful and detailed re-evaluation of the reports issued by the Treasury, OECD, the LSE’s Centre for Economic Performance and others, shows that much of this was wrong. The key flaw in each case was the use of inappropriate benchmarks to judge the potential losses to the UK economy.


Related Links:
Spectator – Coffee House blog - The embarrassing role of economists on Brexit

BREXIT 2016: Policy Analysis from the Centre for Economic Performance

CEP Trade

CEP Growth

CEP Labour Markets

Holger Breinlich webpage

Swati Dhingra webpage

Saul Estrin webpage

Hanwei Huang webpage

Gianmarco Ottaviano webpage

Thomas Sampson webpage

John Van reenen webpage

Jonathan Wadsworth webpage


News Posted: 13/10/2017      [Back to the Top]

Asian Robotics Review

Looking to make a fortune investing in robotics?

Industrial robots are high-quality, productive workers; humans can’t match their output.  Because of these steel-collar workers and their peerless output—around the clock if necessary!—productivity gets a boast. Factory owners like the increase in productivity, low price and ROI of these workers, so they are buying ever more. Such mass productivity affects GDP. Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics in their Robots at Work “found that, on average…the increasing use of industrial robots over the time period raised the annual growth of GDP by 0.37%. They compared this substantial growth to the boosts in productivity that occurred at the turn of the 20th century from steam technology.” The comparison was near identical.


Related Links:
Asian Robotics Review - Looking to make a fortune investing in robotics?

Robots at work: the impact on productivity and jobs

Robots at work: the impact on productivity and jobs

CEP Labour Markets

Georg Graetz webpage

Guy Michaels webpage


News Posted: 13/10/2017      [Back to the Top]

Horticulture Week

Can UK fresh produce come out of Brexit ahead?

NFU Scotland’s Horticulture Committee chairman and Angus Soft Fruits (ASF) grower James Porter last month met UK Migration Advisory Committee chair Professor Alan Manning and Defra secretary Michael Gove to put the sector’s concerns over labour availability post-Brexit. "For a major soft fruit area like Angus, the importance of seasonal workers cannot be underestimated," he says. "There are only 1,400 long-term unemployed in Angus, yet ASF needs a seasonal workforce of 4,000 to pick crops."


Related Links:
Horticulture Week - Can UK fresh produce come out of Brexit ahead?

CEP Community

Alan Manning webpage


News Posted: 12/10/2017      [Back to the Top]

CEP and impact

Knowledge Exchange and Impact (KEI) at LSE

Did you know that funding is available to support knowledge exchange activities at any point throughout the research life-cycle?

The KEI Fund is designed to support a variety of innovative research engagement activities and the KEI Strategy Group welcomes applications of any size up to £100k/year for a maximum of 3 years.

The key public engagement activities for 2017/18 will be driven by the core theme Beveridge 2.0: Rethinking Beveridge for the 21st century and colleagues are invited to submit proposals in line with this theme, other innovative proposals also welcome.

Visit the new KEI website for full details of the KEI Fund, hear from colleagues on the value of research praxis, and gain practical advice and information on all aspects of KEI through the KEI Toolkit.


Related Links:



News Posted: 12/10/2017      [Back to the Top]