A distinguished micro economist, Thomas Stratmann is Professor of Economics at the Department of Economics at George Mason University and holds a courtesy appointment at Antonin Scalia Law School. As a senior research fellow at the Mercatus Center, his work has focused on macroeconomics, fiscal policy, political economy and experimental economics.
Growth Commission member Ewen Stewart has issued the following response to the GDP figures for October that have been issued this morning: “The UK economy continues to fail. Today’s GDP figures for the three months to the end of October show the UK economy in decline: production fell by 0.5%, impacted by the continuing self-inflicted decline in […]
As MPs again debate the Government’s Employment Rights Bill, new Growth Commission calculations of the potential impact of the legislation provide further cause for concern about the likely hit to economic growth. Last week the non-partisan Commission comprising thirteen international economists established a likely hit to UK GDP of £23 billion over a five-year period […]
New calculations from the non-partisan Growth Commission today reveal that despite a concession from the Government that will water down some aspects of its Employment Rights Bill, the legislation is still set to cause a significant hit to the British economy. The impact will likely represent a £23 billion GDP hit to the UK economy […]