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How the British Economy has changed over the last fifty years: the British Economy today is different to the economy in 1979 and has…
The modern British economy benefits from markets that work better than the 1970s, but shares challenges of slower economic growth and public expenditure…
Sep 15
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Warwick Lightfoot
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Government debt is not the UK’s economic problem. The problem is government spending.
The British Government will not be forced to go to IMF to be bailed out - that is yesterday’s story when currencies were fixed against the dollar in a…
Sep 12
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Warwick Lightfoot
Are British Taxpayers saving up to pay future taxes?
Is the British economy exhibiting neo-Ricardian Equivalence responding both to public debt and public spending?
Aug 26
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Warwick Lightfoot
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Economists at official institutions do not like President Trump and have allowed their antipathy to him to colour their economic analysis
Effective monetary policy, strong corporate and household balance sheets, cheap energy, expansionary fiscal impulse, a tech sector to die for and a…
Jul 31
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Warwick Lightfoot
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English local government: why buoyant income tax revenue explains central control of a system in crisis, where ministerial ambition isn't…
Explaining the functions, complex finance, opaque grant of a centrally controlled policy regime that resiles from responsibility
Jul 17
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Warwick Lightfoot
Mathematics and Economics or Black Magic and Alchemy?
Economic data is complex, not reliable for causation. Economists should heed Romer’s Mathiness warnings and Keynes, Friedman on statistical alchemy.
Jun 1
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Warwick Lightfoot
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US Capital Account and International Finance
US economy has it all: modern productive services, science, and technology, capacity to mobilise the savings of the world to finance its investment, and…
May 17
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Warwick Lightfoot
Structure of the US Balance of Payments and Capital Account
Dissecting the US Current Account: Trends, Transformations, and the Path from Hyperglobalization
May 13
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Warwick Lightfoot
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Warwick Lightfoot's Substack
Warwick Lightfoot is an economist with specialist interests in monetary economics, public finance and labour markets.
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