To the silent millennials

21 June 2019|

"This right to vote is the basic right without which all others are meaningless. It gives people, people as individuals, control over their own destinies." Lyndon B. Johnson Political Britain is currently preoccupied by the question of who will be the next UK Prime Minister. Daily radio interviews and opinion pieces by the candidates, and even TV debates. It feels like we’re in the run-up to a general election. However, the next Prime Minister will not be chosen by the

Remittances – more than an emerging story

14 June 2019|

Small Island is a new show at the National Theatre based on Andrea Levy’s 2004 novel. A moving production, it tells the story of Jamaican migration to post-war London, highlighting how life for the Windrush generation wasn’t what they expected. Living conditions in the 'Motherland' were a disappointment, a fact made worse by the less than enthusiastic welcome they received from parts of their new society. Today’s would-be migrants face similar risks. Nonetheless, millions still opt to leave their country

Can you buy success?

7 June 2019|

Last Saturday, Liverpool, the most successful club in British football,[1] won their sixth Champions League title beating Tottenham Hotspur in the final. As a Liverpool fan, and the son of a Spurs fan, the victory was particularly sweet. In response to his team’s loss, my dad suggested that “losing isn’t so bad, it might pressure Daniel Levy [Tottenham Hotspur Chairman] to spend this summer”. While both champion and runner-up earn a financial windfall from their progress in the competition (Madrid

Economics in the year 2100

31 May 2019|

I spent my Bank Holiday Sunday at Wembley. It was a major milestone for my team, Charlton Athletic, as it was the first time the club has played at Wembley since the new stadium was opened in 2007, and the first appearance at the national stadium since 1998. In truth, it wasn't the Greatest Game, but the victory was memorable nonetheless. In the time it has taken Charlton to get back to Wembley, the transfer record has increased ten-fold, from the

A united euro vision?

24 May 2019|

Across Europe, voters are currently casting their ballots in the European parliamentary elections. However, Europeans already voted in a similarly contentious (albeit less consequential) poll last Saturday to crown this year’s winner of the Eurovision Song Contest (ESC). I must admit, I’m not a particularly avid follower of the annual spectacle (except for the occasional incongruously alternative acts such as latex-laden industrial or theatrical shock rock), but the general enthusiasm for the ESC certainly rivals that of political elections, with

The real winners and losers in the Champions League

17 May 2019|

For a (neutral) football fan, last week was truly exciting. Both Champions League semi-finals produced major surprises. Liverpool FC beat FC Barcelona to progress to the final despite having lost the first leg 3-0. Tottenham Hotspur beat Ajax Amsterdam in dramatic fashion, scoring three goals in the second half — the last one in the 96th minute — despite having lost the first leg and having been two nil down at half time. People who, against the odds, went to

I’m a negative externality

10 May 2019|

As I forced my way onto the Northern Line from King’s Cross to Old Street this morning, to a muttered chorus of grumbles and coarse epithets from my fellow passengers, and crouched as the too-low train doors jolted shut uncomfortably close to my right ear, while inhaling nauseating amounts of the product in the hair of the man to my right and bringing my heel to rest on the toe of the woman to my left, regretting for the nth

Reflections on the timelessness of happiness and the oddballs of life

3 May 2019|

April was a time for reflection, or rather, one of those periods when one reflects about time. As the Fathom off-site drew to a close on a sunny Bilbao afternoon, and I lay on a park bench, slightly tender from the night before and in dire need of caffeine, time stood still as if bowing to an overload of contentment and inner peace. Ok, I had simply dozed off after an overindulgent couple of days, but there was more to

On measuring political beliefs, and why the electorate may be less divided than you think

26 April 2019|

As an undergraduate student of economics in the early 1990s I was made to take a course in comparative politics. For the most part, I found it rather dull. “I’ve come here to study economics. Why do I have sit through all this politics stuff? It’s so boring”, was pretty much my attitude at the time. But there was one exception. I do recall listening with interest to a lecture concerned with the measurement, and the classification of political opinion.

Of wine, wine gums and debt

18 April 2019|

Three bags of wine gums in two days, four coffees in one day, a chilli cheeseburger for lunch, slouching in my chair, an energy drink, no exercise for two weeks, a glass of wine when I got home, some stress and a few more grey hairs thrown into the mix. I wasn’t at my healthiest as I worked late to deliver the quarterly update of our Financial Vulnerability Indicator (FVI), a powerful and comprehensive tool which we have developed and