The Treasury failed to create any specific forecasts of the effect of the second lockdown on the UK economy, its chief economist admitted today. Clare Lombardelli told MPs the finance ministry provided ministers with analysis before they decided on the four-week shutdown to December 2. But she confirmed she and her team ‘haven’t looked at … Read more
A prominent economist has laid out the case for reparations for the black descendants of slaves in the U.S., estimating payments of up to $12 trillion would be needed to atone for the historical injustice. Duke University professor William Darity Jr and his wife Kirsten Mullen co-authored the report for the Roosevelt Institute arguing that … Read more
‘He’s been locked in the bank vault for 10 years!’ Fans go wild over CommSec economist Tom Piotrowski’s hipster caveman transformation By Mary Mrad For Daily Mail Australia Published: 00:17 BST, 26 June 2020 | Updated: 02:55 BST, 26 June 2020 He has been delivering daily market wraps on news services around the country for … Read more
Huge global debt burden will ‘come back to haunt us’ all, warns top economist By Lucy White For The Daily Mail Published: 21:51 BST, 13 May 2020 | Updated: 21:51 BST, 13 May 2020 The trillions of pounds of extra debt which is being taken on by governments around the world will ‘come back to … Read more
The Bank of England’s chief economist has revealed that he has struggled at times by not taking maths A-level, as he urged Britons to brush up on their numeracy skills. Andy Haldane, 52, revealed that he had to teach himself A-level maths skills ‘one very difficult summer’ before pursuing a degree in economics at The … Read more
Nobel prize-winning economist slams Trump’s handling of the coronavirus as making the US look like a ‘third world’ country – and warns of a ‘Great Depression’ if president stays in charge Joseph Stiglitz delivered the harsh criticism of President Donald Trump’s handling of the crisis while describing how Americans had been impacted ‘The numbers turning … Read more
Coronavirus tests should be as easy and cheap as a ‘morning latte’ to overcome the crisis, says top economist American economist Paul Romer said tests should be as easy to buy as ‘latte’ The professor believes kits should be available to pick up from drive-throughs He said it would help the economy to recover as … Read more