Why bond yields matter far beyond markets
Higher sovereign yields change mortgage costs, fiscal space and the economics of public investment.
INSIGHTS
Economics without the fog.
Short, evidence-led analysis on growth, fiscal policy, healthcare, prevention and the European economy.
FEATURED · UK ECONOMY
Resilience is not momentum.
An economy can absorb shocks and still fail to generate the productivity, investment and real-income growth needed for durable prosperity. The policy question is how to create momentum without compromising fiscal credibility.
RECENT THEMES
The issues I keep coming back to.
These are the recurring questions behind my research, interviews and policy work.
Prevention is an investment problem, not just a health problem
The returns show up in future healthcare demand, labour-market participation and public finances.
Stability is not the same as growth
Weak productivity and investment can coexist with short-run resilience.
Competitiveness without abandoning the social model
Europe’s challenge is to raise investment and productivity while protecting social cohesion.
WHAT I FOLLOW
Economics, health and policy through the same lens.
The commentary focuses on the connection between macroeconomic conditions, public finances, healthcare systems and the incentives that shape individual and institutional behaviour.
Growth, inflation and fiscal space
Tracking whether resilience is turning into investment, productivity and real-income growth, and what that means for public services and fiscal credibility.
Prevention and healthcare demand
Looking at how prevention, behaviour and incentives affect health outcomes, healthcare expenditure and the sustainability of publicly funded systems.
Competitiveness and public finance
Following the interaction between investment, demographics, taxation and the institutional choices that shape European economic performance.
Evidence before slogans
Separating measurable mechanisms and trade-offs from political messaging, with an emphasis on what economic evidence can and cannot establish.