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This is extremely important data, first revealed in a groundbreaking paper by Joao Paulo Pessoa and John Van Reenen of the London School of Economics. But whereas labour's share of GDP has remained constant, pension cost... Read more...
11 December 2013
Greedy capitalists are sometimes also blamed for falling wages. That is nonsense. In many other countries capital has grabbed a greater share of the economic pie in recent years. However, this has not happened in the UK,... Read more...
10 December 2013
Low- and high-skilled jobs have expanded while middle-skilled jobs have fallen as a share of employment, according to a report by the Resolution Foundation thinktank and London School of Economics. This phenomenon, somet... Read more...
14 November 2013