Productivity and the Minimum Wage
Productivity is a function not only of the qualities of individual workers but also of how they are organised. Subsidising
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Long, Hot Summers: 2022, 1666 and all that
I compare summers in the Central England Temperature (CET) record in three ways: “High Summer” (July and August), Meteorological Summer
Continue readingNot Our Job to Prevent Recession (1): Bank of England
The Bank of England’s inflation mandate virtually guarantees recessions as higher interest rates repeatedly puncture house-price booms. What are higher
Continue readingUK Energy Prices: Are We Dodging the Bullet?
The UK has been hit with an unexpected bill for energy of the order of £100bn. This is a one-off,
Continue readingHigh Summer 2022: Second Hottest since at least 1659
It puzzles me slightly that there is so much focus on the “meteorological summer” – June, July and August. June
Continue readingUK Summer 2022: Mean Temperature was Hot, but not THAT Hot
The Met Office has announced that summer 2022 was, with 2018, the joint hottest in England on record. Wanstead Meteo
Continue readingOn Inflation
Because inflation is affected by delays in the economic system, it is cumulative and persistent. To minimise the depth of
Continue readingSolving the UK Energy Price Crisis
The UK energy price spike should be addressed directly and the rest of the economy isolated as much as possible
Continue readingThe Forgotten Heatwave of 2020. Plus Heatwave Recap and Summary.
Well, that was unpleasant. In fact, it still is. The block I live in seems to have retained heat from
Continue readingNot Another Heatwave!
As the southern part of Great Britain enters another heatwave, it’s worth noting that the “1976” drought and heatwave actually
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