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Oliver Hartwich speaks to Mike Hosking on the Fair Pay Agreements. These agreements will set minimum standards for wages and employment conditions like allowances, weekend and night rates, hours of work and leave arrangements for all workers within industries. Read more
Having a change in government is a bit like moving house. When you pack up the house for a move, you get to take a hard look at a lot of stuff that’s accumulated over the years – things that might have been a mistake to buy in the first place and almost certainly should have been gotten rid of ages ago. Read more
When asked whether they own their home or rent, some people with a mortgage like to joke that the bank really owns it. If you don’t make your mortgage instalment, the bank can, in the limit, take the house away. Read more
If politicians could make companies more productive and innovative by decree, they would have done so a long time ago. That did not stop the previous government from actively trying to steer companies’ research and development activities. Read more
The government plans to build 100,000 ‘affordable’ houses in the next 10 years. How much greater is the housing stock likely to be in 10, 15 or 20 years as a result? Read more
I know that people who aren’t economists manage to raise kids and that it all seems to work out in the end, but I’m not entirely sure how. I have learned that standard practice in the Crampton household diverges a bit from practice elsewhere. Read more
Is it possible to have too both too much and too little of something at the same time? This may sound like a problem posed by quantum physics but the question arises with something much more prosaic: bus drivers. Read more
Eric Crampton comments on the new taxi service to rival Uber. Zoomy now has more than 80,000 app downloads and more than 2000 drivers, but can it become profitable? Read more
The candles have barely dimmed since his last birthday and we’re already celebrating Karl Marx’s 200th birthday, capitalism’s arch-critic. Over the past couple of centuries, capitalism has come to dominate a large part of the Western world. Read more
The two most exciting items in this year’s budget barely even made it into the budget tables. Both point toward better fiscal futures. Read more