Does money make you happy?

Much has been said about whether money can buy you happiness; in advance of his book on the subject, colleague and fellow economist Dr Carlos Cortinhas examines some new research on the subject.

The banking mess

Three-and-a-half years have passed since the banking run on Northern Rock in the UK, two-and-a-half since the collapse of Lehman Brothers in the US. And we’re still waiting for the government’s decision about what to do with the banks. There’s been some tinkering. The Financial Services Authority, which bore more than its fair share of [...]

The outlook for 2011

It seems a shame to start off my new blog on a gloomy note. But it makes sense to open with the outlook for 2011. And there’s no way round it, I’m afraid. This year is not going to be much fun for most of us. The problem that we face is an unpleasant combination [...]