Admin – Dixecon

Is inflation good for people with Mortgages?

With interest rates rising, you often hear about the struggles faced by households with large mortgages and the “soaring cost of mortgages”. However, inflation is good for people with mortgages and if...

How the energy crisis will reduce UK GDP Growth, Productivity and Real Wages.

How does an increase in energy affect productivity and output in an economy such as the UK? In this brief note I adopt a national accounts framework to explain how productivity and...

What the MPC meeting May 5th tells us.

The monetary policy committee met and raised interest rates to 1%. Well below inflation, but still a welcome increase. Call me old fashioned, but I do believe real interest rates should be...

UK Inflation in March 2022: where it came from and where it is going…..

I gave a talk on the cost of living crisis to Cardiff students in March, looking at the recent past and possible future of inflation in the UK. Here is the lecture...

What a name we have in “Jesus”.

In modern English, the Christian saviour is given the name “Jesus”. The origins of how the English came to use and spell the name in this fashion is a fascinating story. It...

Month on Month inflation 1993-2021

I write this back in October 2021, a summary of the data. We have over 340 months of month on month or “mom” inflation since January 1993, during which inflation has remained...

Everything in the economy is interconnected.

A slightly extended version of part of my chapter “the Joy of Economics” from Surfing economics published in 2002. Subtitle: There are no zero’s in the Leontief Inverse. To an economist who...

Monopsony and Truck drivers.

Why the shortage of Lorry drivers is an equilibrium phenomenon.

Pelagius: the first British author.

“a natural sanctity in our minds…which favours honourable and upright actions and condemns wrong deeds…by a kind of inner law” Pelagius is the first British author for whom we have surviving literature....

Friedenstag: a work extolling the union of peoples.

Published Richard Strauss Society Newsletter. April 2017, London (63): pages 5–8. (This was later used as the basis for part of the Wikipedia page on the opera). Stefan Zweig came up with...

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