Chris Giles

Este archivo solo abarca los artículos del autor incorporados a este sitio a partir el 1 de junio de 2007. Para fechas anteriores realice una búsqueda entrecomillando su nombre.

The deafening silence over Brexit’s economic fallout

As he battled to save his job this month, Boris Johnson warned his MPs not to get into “some hellish, Groundhog Day debate about the merits of belonging to the single market”. Brexit, he warned his mutinous party in a sweaty House of Commons meeting room, was settled.

Later that day, Johnson limped to victory in a confidence vote, but only after 41 per cent of his MPs had voted to oust him from Downing Street. He is safe for now but the defining project of his premiership — Brexit — still hangs like a cloud over Britain’s fragile economy.

Johnson may not want his party “relitigating” Brexit but neither does Sir Keir Starmer, leader of the opposition Labour party, around a third of whose supporters voted Leave in the 2016 referendum.…  Seguir leyendo »

Wealth inequality: Europe and the U.S., 1810-2010

Professor Thomas Piketty’s Capital in the 21st Century has data on wealth inequality at its core. His data collection has been universally praised. Prof Piketty says he has collected,

“as complete and consistent a set of historical sources as possible in order to study the dynamics of income and wealth distribution over the long run”

However, when writing an article on the distribution of wealth in the UK, I noticed a serious discrepancy between the contemporary concentration of wealth described in Capital in the 21st Century and that reported in the official UK statistics. Professor Piketty cited a figure showing the top 10 per cent of British people held 71 per cent of total national wealth.…  Seguir leyendo »