In need of reform. The UK tax system is leaky and creates perverse incentives, such as discouraging firms from taking on employees. This chart illustrates the different tax treatments of £100,000 of market income. More in this report resolutionfoundation.org/publications/t…

On the noisy street were imposed the silences of a lunar landscape.

"Making tough decisions" = deciding to do something awful

Picard management tip: Try your best to speak in a way the other person will understand, even when it seems nearly impossible.

It’s an interesting contradiction to be so sure we know what’s going on inside others while spending so little time getting to know what’s going on inside ourselves.

Economic warfare in WWII: when one country blockaded another’s supply of essential goods or bombed industries producing them, why did the adversary’s economy fail to collapse? Mark Harrison reviews Mancur Olson’s insights. voxeu.org/article/econom… Mark Harrison Warwick Economics

Evening read - the UK's wealth has grown to a record £14.6 trillion. But how is that wealth distributed across households, age cohorts and parts of the country? We explore in this new analysis resolutionfoundation.org/publications/w…

Important work by my CAGE @ Warwick/Warwick Economics colleagues Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere+Pedro CL Souza tracing out impact of 2011 #HousingBenefitReform Big impacts on evictions, repossessions, homelessness. And Law of unintended consequences: cost of temp accom.➡️ little/no financial saving to gov.

Call for Papers: The micro and macro of the changing nature of work and leisure The nature of work and leisure is changing. But what are the implications of these changes for productivity and unemployment policies? June 4-5, 2020, University of Warwick ow.ly/f6tm50xBVao

Picard management tip: Once all their basic needs are taken care of, crew members are motivated by the meaningfulness of their work.

Across London, pay growth has started outpacing house price growth. But the bigger picture is that since early 2011 house prices have increased four times faster than earnings in the capital. Home ownership in London remains far out of reach for many families.

Rough sleeping is on the rise: the Economist cites recent findings from CAGE researchers which demonstrates the impact of housing benefits cuts on homelessness in the UK. economist.com/britain/2019/1… warwick.ac.uk/fac/soc/econom… Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere Pedro CL Souza Warwick Economics

In case you missed it: yesterday we held an event with MPC member Jonathan Haskel and Janet Henry, exploring the outlook for the UK economy. A full video is available here: resolutionfoundation.org/events/an-end-…

Plato says that the unexamined life is not worth living. But what if the examined life turns out to be a clunker as well?

Early evening read from Torsten Bell - The Economic History Of The 2010s resolutionfoundation.org/comment/the-ec…

Are trade wars 'good and easy to win' as Trump suggests? Perhaps not, if you go to war with an autocracy. Watch the first in our CAGE short films series. Like this? Find out more buff.ly/3am7Dt3 #CAGEresearch Econ Films

Our Chart of the Week offers a picture of how living standards have changed for different groups across the past four decades. Read more in the latest Top of the Charts: resolutionfoundation.org/comment/confus…

Arun Advani's research on tax compliance has inspired extra funding for HMRC in today's budget. #Budget2020 Warwick Economics