Adam Smith Blog

Metropolitan myths that led to Brexit

Undercover Economist
The Eurosceptic myths that fuelled hostility to the EU are obvious enough. We were told that the NHS was being destroyed by immigration, when more than a third of UK-based doctors qualified overseas. We were told that the EU is a fat bureaucracy, when it employs about as many people as Lancashire County Council. And […]

The economics of Donald Trump’s wall

DONALD TRUMP is a man of ideas. Although critics have lambasted him for flip-flopping on some policies (he now proposes to ban immigrants from “terrorist nations” rather than all Muslims), Mr Trump has stood firm on at least one proposal: his wall. A new report from Bernstein Research looks at the economics of the wall’s construction.

Measuring well-being

HOW do you measure the well-being of a country’s citizens? Looking at wealth alone is clearly not enough: oil-rich states in the Middle East may have the highest levels of GDP per person yet they lag behind the West in terms of civil rights, education and a host of other quantifiable (and desirable) measures.