Economics news

The latest news, expert comment and analysis from the Department of Economics.
The Greek Default 01/05/15

The Greek Default

LUMS economist John Whittaker features in an article on Greece's debt problems in the Washington Post.

View article on the Washington Post website
Iceland’s proposal dates back to 1933 13/04/15

Iceland’s proposal dates back to 1933

In a letter published in the Financial Times, GR Steele says that Iceland's recent proposals on banking date back to an idea from 1933, developed by the little known Henry Simons.

View article on the FT website
EU mortgage rules are tame - we need finance ‘gazumping’ 24/03/15

EU mortgage rules are tame - we need finance ‘gazumping’

In an opinion piece on the FT Adviser blog, LUMS economist Kim Kaivanto says that the new mortgage lending cooling-off period needs an element of active competition.

View on the FT Adviser website
Manifesto Check: Conservatives convince on cutting the deficit but the price may be growth 17/03/15

Manifesto Check: Conservatives convince on cutting the deficit but the price may be growth

With the most rapid deficit reduction programme, the Conservatives will struggle to achieve economic growth, says William Tayler, of the School’s Economics Department.

What you need to know about the deficit ahead of the Budget 17/03/15

What you need to know about the deficit ahead of the Budget

As Chancellor George Osborne prepares to deliver his pre-election budget, Geraint Johnes says that the key issue remains the deficit.

Charging people more to drive saves lives 12/03/15

Charging people more to drive saves lives

A Washington Post blog features LUMS research into the effect of the London congestion charge on road traffic accidents.

View article on the Washington Post website
London’s congestion charge has made roads safer for all 10/03/15

London’s congestion charge has made roads safer for all

New research by LUMS economist Professor Colin Green reveals that the introduction of London’s congestion charge led to a substantial reduction in the number of accidents.

Congestion charge has led to dramatic fall in accidents in London 09/03/15

Congestion charge has led to dramatic fall in accidents in London

The Guardian features research by LUMS economist Colin Green that shows a 40 per cent drop in traffic accidents since 2003.

View article on The Guardian website
What’s gone wrong at HSBC? 26/02/15

What’s gone wrong at HSBC?

Kim Kaivanto, writing in The Conversation, asks why HSBC so often finds itself mired in controversy.