Undercover Economist

My weekly column in the Financial Times on Saturdays, explaining the economic ideas around us every day. This column was inspired by my book and began in 2005.

How to tax (a guide for governments)

In 1789, an octogenarian Benjamin Franklin wrote a letter containing the famous opinion that “in this world nothing can be said to be certain, except death and taxes”. Franklin was mistaken. Many taxes are easily and legally avoided by the simple expedient of not...

read more

Announcing my next book, The Truth Detective

Do you have what it takes to be a Truth Detective? Did you know that a toy spaceship can teach you about why prices keep rising? Or that a pooping cow can show you how to invest your pocket money? And that even the greatest minds have been fooled by fake news and...

read more

Liz Truss’s growth delusion

There is a fashionable line of attack against Liz Truss’s single-minded focus on growth: what about the poor? What about the planet? In chasing GDP growth, this critique runs, Truss shows herself to be a politician who knows the price of everything and the value of...

read more

How much money will actually make you happy?

When I was a student, a friend of mine fantasised about earning £100 a day. It felt like an incomprehensibly large sum of money; he simply could not conceive of spending enough to exhaust such riches. This was almost 30 years ago — the equivalent fantasy today would...

read more

Pin It on Pinterest