Should raising the growth rate of GDP per capita be a policy goal of governments in general, and of the British …'t make people any happier; and 4) The planet is finite, so further growth of GDP (at least in rich countries) is not feasible … anyway. I discuss and reject all four of these objections. I urge the LSE Growth Commission to focus its efforts on policies …

will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …

rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using …

ethnic groups, group sizes, income inequality, and expropriable resources. …

The austerity programme of the coalition government knocked at least one percent per year off growth in the first two …

booms. But what is the causal relationship between uncertainty and growth? To identify this we construct cross country panel … second moment shocks. We find that both the first and second moments are highly significant in explaining GDP growth, with … second moment shocks accounting for at least a half of the variation in growth. Variations in higher moments of stock market …

, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p … productivity but not necessarily on its long run growth rate. I therefore predict that the UK will eventually return to the growth …