@econstevem.bsky.social

Deputy Director for Macroeconomic Modelling and Forecasting at NIESR. Enjoy watching cricket and playing the piano. Using Bluesky in a personal capacity.

#WeekendReading🔖 The latest NIESR-CFM survey focused on the Prime Minister's new policy approach centered on more devolution Panellists are not convinced greater devolution will significantly raise aggregate UK productivity relative to alternative policy approaches⤵️

July 2026 CfM-NIESR Survey: Devolution and UK Policy Alternatives - NIESR

Experts responding to the July 2026 CfM-NIESR survey downplayed the impact of greater devolution on UK economic growth relative to other policy approaches

niesr.ac.uk

This month marks the centenary of the publication of John Maynard Keynes’ essay ‘The End of Laissez-Faire’. Senior Economist Ben Caswell evaluates the policy proposals outlined and asks whether, a century on, is there anything from the essay we could revive today? niesr.ac.uk/blog/a-centu...

A Century Since the End of Laissez-Faire - NIESR

A century on from the publication of "The End of Laissez-Faire", this blog summarises the main points from the essay and evaluates the policy proposals.

niesr.ac.uk

The latest NIESR-@cfmuk.bsky.social survey has just been published📊, focusing on the PM's approach to devolution Panellists are not convinced greater devolution will significantly raise aggregate UK productivity relative to alternative policy approaches Read more here⤵️ niesr.ac.uk/news/july-20...

July 2026 CfM-NIESR Survey: Devolution and UK Policy Alternatives - NIESR

Experts responding to the July 2026 CfM-NIESR survey downplayed the impact of greater devolution on UK economic growth relative to other policy approaches

niesr.ac.uk

The labour market is currently stuck in a "low-hire, low-fire" dynamic⚡️🔥 The latest #Wage Tracker has just been published and suggests real wage growth is likely to come under pressure as nominal growth slows but price inflation picks up. Read more here ⤵️ niesr.ac.uk/publications...

A Low Hire, Low Fire Labour Market - NIESR

“Although labour demand remains weak, this is being matched by a weakening of labour supply, which continues to act as a cap on the unemployment rate, which remains stable at… To access the content, m...

niesr.ac.uk

⚡️Inflation down but not out⚡️📉 Our latest #inflation tracker is out now and suggests that, while recent drops offer relief, underlying price pressures—from energy caps to global supply chain volatility—mean the fight against inflation isn't over yet. Read more here⤵️ niesr.ac.uk/publications...

Inflation: Down, But Not Out - NIESR

For a breakdown of what inflation is and how it is calculated, read our blog post here.   “Today’s ONS figures show annual CPI inflation came in at 2.6 per cent… To access the content, membership acco...

niesr.ac.uk

Can Andy Burnham deliver on his ambitious public investment goals without rethinking the UK's fiscal rules? In his latest #blog Director David Aikman looks at why front-loading fiscal adjustments might be necessary and why it ultimately is the 'least bad option' ⤵️ niesr.ac.uk/blog/should-...

Should Burnham Front-Load The Fiscal Squeeze? - NIESR

How should Andy Burnham approach his economic policy? This blog examines whether fiscal tightening should be front-loaded and what fiscal-monetary policy mix is needed.

niesr.ac.uk

With Andy Burnham becoming PM on Monday, this week's #DirectorsView argues that the alternative to some fiscal adjustment now to make the fiscal path more credible is a larger adjustment in the future when the probability of delivery may be low. niesr.ac.uk/blog/should-...

Should Burnham Front-Load The Fiscal Squeeze? - NIESR

How should Andy Burnham approach his economic policy? This blog examines whether fiscal tightening should be front-loaded and what fiscal-monetary policy mix is needed.

niesr.ac.uk