In the final run up to the election, we answer your questions about everything from borrowing to AI to the part that luck plays in the economy. Become a member: ifs.org.uk/ind...
14:22 we dont know why productivity is lower? That has shocked me! Here's three reasons: 1. Capital shallowing from population growth outstripping housebuilding, infrastructure development, and business investment. 2. Energy costs in the UK being far higher than our peers, sending manufacturing overseas. 2. Too much unskilled labour
Please get Gary Stevenson on he has a great voice for why our system is failing and no economists are talking about wealth distribution and how it affects the real economy.
Has anybody else caught up with the very recent analysis of Spending Plans of a few political parties here in Blighty? Anybody else wondering how many 'out there' assumptions have gone into this document? Anybody else wondering how this Institution justifies using the economy of USA as a reasonable indicator of probable outcomes here?
You've got internet, why don't you, " do your own reading" and come back and tells with references to credible sources to back-up your assertions. We'll wait,...