Chris Dillow
The belief that migrants are a drain on the economy is like the popularity of Boris Johnson, homeopathy or conspiracy theories
Britain has an immigration problem - but not of the sort generally supposed. The facts show that immigrants are a net fiscal benefit rather than a cost, and that immigration is, except for a small negative effect at the bottom end, a net positive for wages (pdf) and for economic growth (pdf). The problem is the public do not believe the evidence.
Osborne’s bet on Mundell-Fleming
What's wrong with the Mundell-Fleming model? This question probably doesn't much pre-occupy the political class, but it should because it provides pretty much the only defence remaining for the coalition's macroeconomic policies.
The need for supply side socialism
There's an important fact that's lost in the debate about economic policy. It's that counter-cyclical policy is nothing like sufficient. Perhaps we need something radical.
The government has less control over its finances than politicians pretend
Some have expressed bemusement at my claim in an earlier post that the only genuine deficit reduction policies are those which stimulate private sector investment and/or reduce their savings. I should expand.