An insatiable desire to peer into the future

The wonderful thing about forecasts is that they all sound very profound It’s that time of year again. Time for you to make your predictions for 2013. You’re kidding, right? You’re asking an economist for predictions? Just my little joke. But surely you’re not a...

We’re all couch potatoes now

Pushing a button is just too much trouble. We’ll watch anything, as long as we don’t have to think or move When I was a boy, there wasn’t a great deal of children’s television: the BBC children’s slot ended at 6pm, which meant that my parents didn’t have much trouble...

A gift for the season that keeps on giving

Even for an economist, it is the act of giving that matters, writes Tim Harford Merry Christmas! And Merry Christmas to you. I was expecting a bit of “bah, humbug” from an economist, to be quite honest. I am not sure why that is. Economics is all about the allocation...

Going, going, wrong: JPMorgan’s auction

One of those clever manoeuvres so beloved of banks has started to unravel, writes Tim Harford ‘JPMorgan is nearing a settlement with the UK government in which the US bank and its employees could pay close to £500m in back taxes . . .  The Wall Street bank . . . has...

Working out the job market

All of us are born unemployed and single, and if we want that to change, we will have to start looking for a suitable match Supply and demand is a fundamental economic concept, and unemployment is a totemic economic problem. But apply the concept to the problem, and...

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