Value Added

Value Added

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In the Bleak Midwinter
Energy prices no longer contain any useful information.
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Duncan Weldon
1
We have no theory of inflation
Inflation is the biggest debate in macro. The models don't work.
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Duncan Weldon
Learning the wrong lessons
The UK macro-policy mix looks awful. Again.
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Duncan Weldon
Five Autumn Statement Takeaways
A horrible squeeze, a disagreement on monetary policy & a Gordon Brown-type fiscal approach
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Duncan Weldon
Credibility problems
The UK macro mess
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Duncan Weldon
The not very 'mini' budget
Inflation, gilts and gambling
 • 
Duncan Weldon
What's in the price?
In 2007-09, financial developments drove the economic cycle. This time they are reacting to it.
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Duncan Weldon
Thoughts on the fallout
Scattered post-budget reflections
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Duncan Weldon
1
The pain to come
The policy debate is focussed on this winter. But 2023 as a whole needs more attention.
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Duncan Weldon
The Politics of Growth
Being in favour of economic growth is easy. It is also empty.
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Duncan Weldon
1
Five Takeaways from the Bank
An awful outlook but don't forget fiscal policy.
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Duncan Weldon
A series of unfortunate fiscal events
Economics means more direct fiscal support for paying bills is needed. Politics has put wider tax cuts on the table.
 • 
Duncan Weldon
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