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In this regard, scholars such as Erik Brynjolffson, Lorin Hitt, Nick Bloom, and John Van Reenen have all shown that computers by themselves don't unleash rapid productivity growth; rather, it takes new bus... Read more...
21 February 2018
Demography and education are a much better explanation of the ‘Leave’ vote in the June 2016 Brexit referendum than the decline in public services or recent immigration. These are the conclusions of... Read more...
06 June 2017
Brexit In fact is a trauma that breaks the vertical chain of production of the value that ties the United Kingdom to the EU, with consequences not apparent immediately. Quantifying these costs is therefore a d... Read more...
05 June 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, ac... Read more...
09 February 2017
A nasty mix of neoliberalism and the Tories’ austerity policies are having appalling effects on our children’s health and welfare And so we come to the present day, with a 10-year anniversary pr... Read more...
10 January 2017
LSE study led by Labour peer found that failed relationships and physical and mental illness were bigger causes of misery than poverty Clinical psychologists have raised the alarm over a controversial piece... Read more...
26 December 2016
Too often in our business we focus primarily on finances. Of course, that is what financial professionals do, but we could be neglecting an important, maybe more important, piece of the pie. The recent London ... Read more...
22 December 2016
Study says Brexit avoidable if Cameron had cut austerity. Interview with Dennis Novy The interview was broadcast by RT UK on October 19, 2016 Link to interview here [0:47 seconds] Related links Dennis Novy webpag... Read more...
19 October 2016
Dennis Novy interviewed live around 8.15pm. The topic analysing the Brexit referendum that was held in June 2016. The interview was about how the Brexit vote outcomes across voting areas in the UK were linked to immigrat... Read more...
18 October 2016
Article by Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acr... Read more...
30 May 2016
With so many heavyweights, from Barack Obama to Mark Carney, saying that we will be worse off with Brexit, why are the polls still neck and neck? There seem to me two reasonable explanations: that the tabloid media have ... Read more...
16 May 2016
''The fiscal target should be on balancing the books on current spending over the business cycle - just as it was when the Office for Budget Responsibility was first set up in 2010. Otherwise there will always be too mu... Read more...
17 March 2016
Four out of five economists in the Financial Times survey see another good year of UK growth, keeping Britain near the top of the international table for advanced economies, a position it has enjoyed since the start of 2... Read more...
03 January 2016
The size of the current account deficit and the UK's reliance on household consumption are among the main worries for Britain's leading economists. John van Reenen, Director, Centre for Economic Performance: First... Read more...
Analysts already point to Ciudadanos as the likely kingmaker after the December 20 election. The party is expected to command a parliamentary group so large that it would be impossible for others to rule without it. Ciud... Read more...
08 December 2015
Chancellor George Osborne survived the Bush Tucker trial that was Wednesday's spending review. ... Professor John Van Reenen, director of the Centre for Economic Performance, said: ''The sexy centrefold was a naked rever... Read more...
28 November 2015
Director of the Centre for Economic Performance at the London School of Economics, John Van Reenen, gives his reaction to the Autumn Statement. Whilst the U-turn on tax credits might appear to be the big story in the sh... Read more...
26 November 2015
John Van Reenen interviewed about the economics of management, productivity, and information technology. This interview was broadcast by Economic Frontiers on November 9, 2015 Link to article here Related Publicati... Read more...
09 November 2015
Look out, Thomas Piketty. Here comes Gabriel Zucman. With a slim new book that has the feel of Piketty's bestselling Capital in the 21st Century, Zucman, a baby-faced 28-year-old University of California-Berkeley econom... Read more...
21 September 2015
We decided to examine Sanders' statement that the richest 0.1 percent has nearly as much as the bottom 90 percent. Its a standard line in Sanders' speeches. Warren Gunnels, policy director of Sanders' presidential campai... Read more...
Leading economists have warned that Jeremy Corbyn's economic policies are 'likely to be highly damaging' and renationalising industry could actually 'make things worse'. In the new letter to the Financial Times, the aut... Read more...
03 September 2015
It's a powerful and timely point. Rent extraction and rising inequality are two sides of the same coin. Research by Brian Bell and John Van Reenen last year suggested that up to two-thirds of the increase in the overall ... Read more...
24 August 2015
Article by John Van Reenen Voting for Jeremy Corbyn as leader is a gut reaction to Labour's electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kin... Read more...
17 August 2015
Article by John Van Reenen Unlike most commentators I have actually read Corbyn's ''The Economy in 2020'' as well as the 1983 manifesto. Corbyn's document has several major advantages. First, at 8 pages it is much short... Read more...
15 August 2015
John Van Reenen interviewed on the UK budget. This interview was broadcast by China Central TV Europe (CCTV) on July 9, 2015 Link to broadcast here [Interview with Prof Van Reenen starts around 02.30] Related publicat... Read more...
09 July 2015
Leading academics from the London School of Economics have called on both Greece and its international creditors to adopt a more responsible approach. This article was published online by Business Reporter on July 9, 20... Read more...
Twenty-six members of the faculty at the London School of Economics (LSE) have called for Greece's creditors to ease the austerity measures they have imposed over the last five years. In an open letter, the professors wr... Read more...
8.50am: live radio interview Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. The interview was broadcast by BBC Coventry and Warwickshire on the Shane O'Connor Breakfast Show on June 22, ... Read more...
22 June 2015
Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. This interview was broadcast by BBC News on June 21, 2015 [No link available] Related links Dennis Novy webpage Globalisation Programm... Read more...
21 June 2015
But Associate Professor of Economics at Britain's University of Warwick, Dennis Novy, expects neither success nor disaster at Monday's summit. ... Novy says default would not immediately create a crisis because key cred... Read more...
19 June 2015
Letter from Ha-Joon Chang, Thomas Piketty, David Blanchflower and others Emeritus professor of Economics, Cambridge University Prof Hugh Willmott, CASS Business School Prof Steve Keen, Professor of Economics, Kingston U... Read more...
12 June 2015
Anna Sivropoulos-Valero interviewed on productivity. The interview was broadcast by BBC Radio 4's More or Less Programme on May 29, 2015 Link to interview here [Interview begins around 08:24.] Related publications ... Read more...
29 May 2015
... 400 000 emplois publics supprimes La realite est pourtant que son mandat a ete divise en deux parties. L'essentiel des mesures de rigueur a ete realise dans les deux premieres annees: hausse de la TVA, reduction dras... Read more...
07 May 2015
Javier Ortega, of the Centre for Economic Performance, interviewed on the UK 2015 General Election and issues of austerity. The interview was broadcast by Capital Radio Madrid (Spain) on May 6, 2015 Link to the broadca... Read more...
06 May 2015
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, brings a summary of factors that may influence the choice of the ballot box. The interview on Capital Radio Madrid (Spa... Read more...
05 May 2015
CEP Director Professor John Van Reenen reveals the economic policy he would put in his election manifesto. The interview was recorded for Share Radio on 28 April 2015 Link to the interview here Related links John... Read more...
28 April 2015
London School of Economics professor John Van Reenen said Britain was also suffering from government inaction over infrastructure such as high-speed broadband, roads and airports. This article was published online by ... Read more...
26 April 2015
In a recent briefing from the London School of Economics, Alan Manning writes that raising tax from 45 to 50 per cent has highly uncertain, but small, effects on the public finances. But what is clear is that if the high... Read more...
22 April 2015
Robert Peston was on the R4 news telling us that if we hadn't had austerity growth would have been 15 percent higher...and so would wages...a Labour narrative and pure speculation...there is no counterfactual, Peston is... Read more...
02 April 2015
John Van Reenen of the LSE, who also disagreed with austerity, said ''UK GDP is about 15 percent below where we would have expected on pre-crisis trends... Premature austerity has damaged UK welfare and, as I and others ... Read more...
01 April 2015
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31 March 2015
It looks good for the Tories, the economy is recovering and employment is up. BUT, as an LSE economist put it, ''When viewed over the longer term, the state of the UK economy is not pretty''. ... Why is this? Two reasons... Read more...
The possible spending plans of Labour and the Tories illustrate the fact that there are real choices to be made at the election, writes John Van Reenen. When viewed over the longer term, the state of the UK economy is n... Read more...
30 March 2015
El economista Luis Garicano, autor del programa economico del partido de Albert Rivera, opina que la inversion en la alta velocidad de Galicia es un ''derroche keynesiano'' que debe paralizarse Economist Luis Garicano... Read more...
Then there is the vital question of productivity. As Professor John van Reenen from the LSE observes, ''What the Chancellor didn't mention is that UK GDP per person is 16 per cent lower than we would have expected on pr... Read more...
27 March 2015
The government made three arguments for accelerated austerity. None was persuasive. Here are three indicators of the extent to which the economy has gone ex-growth: real gross domestic product per head at the end of 201... Read more...
19 March 2015
Article by John Van Reenen Public service spending is in for a rollercoaster ride. The implication of the Autumn Statement was that public service spending would be cut to levels not seen since 1948. Now they will be 36... Read more...
It is likely that there will be tax increases after the election whoever wins, concludes a new report from the Centre for Economic Performance (CEP), based at LSE, in the latest in a series of background briefings on the... Read more...
13 March 2015
John Van Reenen examines the spending plans of the three major parties over the next Parliament, finding that, while all are currently planning for continued and severe austerity, the Conservatives' plan would bring down... Read more...
12 March 2015
11 March 2015
Article by Professor John Van Reenen, Director of the Centre for Economic Performance All elections since 1992 have been followed by net tax increases of around £5 billion in today's money. It is therefore incumbe... Read more...
London School of Economics Professor of Economics and Strategy Luis Garicano discusses the rise of anti-austerity in Europe, the upcoming election in Spain and the state of Spain's economy with Bloomberg's Mark Barton, A... Read more...
25 February 2015
Q: How do you calculate reparations for something as catastrophic as WWII? A: Were Germany to pay reparations for the whole of the destruction it caused during the war - the Nazis were estimated to have been responsib... Read more...
10 February 2015
Albrecht Ritschl interviewed, discussing Greece's claim that it helped Germany financially after the Second World War and the political motivations behind it. The interview was broadcast on the BBC World Service Globa... Read more...
09 February 2015
''Germany's resurgence has only been possible through waiving extensive debt payments and stopping reparations to its World War II victims'', economic historian Albrecht Ritschl told Der Spiegel in 2011, describing Germa... Read more...
30 January 2015
The UK government's goal of cutting public spending so public finances are back in the black by 2018-19 with a large annual surplus by the end of the next parliament will not be delivered, most economists believe. How... Read more...
01 January 2015
Another 1m public sector jobs are expected to be lost over the next five years as part of the latest squeeze on the public finances. ... Adjusted for inflation, wages have fallen by about a 10th since the financial crisi... Read more...
03 December 2014
The chancellor of the exchequer, George Osborne, has delivered the financial package he hopes will convince voters to deliver a Conservative majority in May 2015. Here, a team of academic experts [that includes the Centr... Read more...
What if in our relatively deregulated flexible labour market-where the balance of workplace power favours bosses, many people are engaged on flexible performance-based contracts, and new technology is sweeping away jobs ... Read more...
13 November 2014
Luis Garicano, Professor at the London School of Economics, says that ''Investors are waiting for a long time for the three things proposed by Mario Draghi (President of the European Central Bank) to happen: Germany to l... Read more...
18 October 2014
The future of innovation: two visions Article by Luis Garicano Luis Garicano says that productivity growth is the key to economic growth. This article was published by El Pais on October 12, 2014 Link to article he... Read more...
12 October 2014
Article by Christopher Pissarides The Need For Social Dialogue To Improve Distribution Eurofound stands for Improvement of Living and Working Conditions through social dialogue. Currently, in the midst of high unemploy... Read more...
23 June 2014
THE Cyprus Volunteer Team of Supporters of the European Citizens' Initiative ''Invest in Education'' is organising an open event tomorrow regarding a campaign to put an end to cuts in education due to austerity measures.... Read more...
15 May 2014
Two years ago George Osborne, chancellor, wished that a 'march of the makers' would help to lift the UK economy. But as the stagnation continues, there is little sign of an industrial revival. Professor John Van Reenen, ... Read more...
18 April 2013