Economics & Social Policy

  • Economics & Social Policy

    "taking responsibility"

    By encouraging responsibility by individuals, government and business we believe that growth can be secured, public services improved and better outcomes delivered for families across the UK.

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    About Economics & Social Policy
  • The last word on Piketty

    Policy Exchange was delighted to host an all-star panel to discuss what the lasting influence of Thomas Piketty's Capital in the Twenty-First Century will be. Chaired by Newsnight presenter Evan Davis, the panel included the FT's economics editor Chris Giles, political strategist and Labour adviser John McTernan and economic historian Prof. Deirdre McCloskey.

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    The last word on Piketty
  • Making Contributions Count

    Making Contributions Count proposes a new unemployment insurance scheme which will put personal contribution at the heart of the welfare system. The scheme would see workers able to draw from a contributory pot to provide a greater level of out of work support. Upon retirement, the contributions would be released as part of an individual's pension package, which could see people who worked all their lives receiving in excess of £10,000.  Read more • Infographic

    Contributory welfare
  • Work 2.0

    Work 2.0 provides a blueprint for how the Work Programme – the government’s flagship welfare-to-work policy – should be improved, including ideas on how to better assess jobseeker needs, how to integrate the Programme into the structures of Universal Credit, and how to better recognise local labour market conditions.

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    Work Programme 2.0
  • Joined Up Welfare

    Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

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    Jobseekers

Latest Economics & Social Policy In the news

  • 05 November 2014 | It’s time to take stock in economics and end the flow of dodgy data

    • Writing in The Times, Ed Conway – Economics Editor of Sky News – refers to Policy Exchange polling from 2011 which showed that only one in seven people understood the difference between the deficit (what the government borrows each year) and the national debt (the cumulative total of all those deficits). Ed argues that this is a reflection of the deep problem with mainstream economics: that it has become “too much about flows and too little about stocks”, and that by focusing purely on the rate at which things change, we often miss the broader story.

  • 15 October 2014 | Workers 'could be forced to pay £5 a week' to get benefits

    • The Independent covers our recently published report Making Contributions Count. The report calls for the next government to legislate for a new welfare system that establishes a clear link between contribution and benefits and proposes that every worker in Britain should make weekly contributions into a new nationwide unemployment insurance scheme.

Latest Economics & Social Policy Publications

  • 15 October 2014 | Making Contributions Count: Reforms to create a social security system for the 21st Century

    • Making Contributions Count proposes a new unemployment insurance scheme which will put personal contribution at the heart of the welfare system. The scheme would see people who have worked hard and paid their taxes able to draw from a contributory pot to provide a greater level of out of work support if they need it. Upon retirement, the contributions would be released as part of an individual's pension package, which could see people who worked all their lives receiving in excess of £10,000.

  • 10 October 2014 | Work 2.0: Helping the hardest to help: targeted assistance, incentives and the Work Programme

    • Work 2.0 provides a blueprint for how the Work Programme – the government’s flagship welfare-to-work policy – should be improved, including ideas on how to better assess jobseeker needs, how to integrate the Programme into the structures of Universal Credit, and how to better recognise local labour market conditions.

Latest Economics & Social Policy Blogs

  • 17 October 2014 | It is time for more radical ideas to make welfare fit for purpose

    • Policy Exchange's Head of Economic and Social Policy, Steve Hughes, outlines the thinking behind our recently published report Making Contributions Count. The report calls for the next government to legislate for a new welfare system that establishes a clear link between contribution and benefits, and argues that only then will public trust in the benefits system be restored.

  • 10 October 2014 | Getting the long-term unemployed back to work under Universal Credit

    • Ed Holmes, Senior Research Consultant for Economics at Policy Exchange, calls on the government to seize the moment in tackling problems in the otherwise successful Work Programme. He sets our recommendations from his recent report Work 2.0 to ensure that the Work Programme works hand-in-hand with Universal Credit, building a more personally tailored employment system and helping getting claimants into 'mini-jobs' and building skills.

Latest Economics & Social Policy Event

  • 11 November 2014 | The last word on Piketty

    • Thomas Piketty’s Capital in the Twenty-First Century is easily the most talked about economics book of the year, if not the decade. In this public panel discussion, Policy Exchange brings together some of the leading voices on Piketty’s work to discuss what its lasting influence will be.

  • 10 November 2014 | Markets for the Many? How Capitalism Changed the World

    • Policy Exchange is delighted to host Professor Deirdre McCloskey for a speech on how capitalism has changed the world. Professor McCloskey argues that capitalism – or ‘market-tested innovation’, in her words – has increased the standard of living of the average worker by a factor of at least sixteen. The event will be chaired by Matt Ridley.