Recent Blogs

Central bank challenges after the great recession

Central bank challenges after the great recession

Warwick Lightfoot — Policy Exchange’s Research Director and Head of Economics and Social Policy — reflects on present monetary policy challenges, to mark the twentieth anniversary of the Bank of England becoming independent and the creation of its Monetary Policy Committee. Lightfoot argues that the necessary starting point is to recognise that ‘monetary policy was at the heart of the monetary shock in 2007’, and that ‘the policies that have been successful in stabilising the macro-economy have thrown up complex microeconomic problems that will make future policy difficult’.

Nicky Morgan on character education

Nicky Morgan on character education

Policy Exchange hosted the launch of “Taught Not Caught”, Nicky Morgan’s new book on the necessity of character education in our schools. John Blake – Policy Exchange Head of Education and Social Reform – explains how Morgan makes a powerful case for ensuring that our children are raised at school with the values we want and know that they will need.

What might we expect from the German federal election?

What might we expect from the German federal election?

On Sunday, Germany will go to the polls to elect the nineteenth Bundestag. Rebecca Lowe — Convenor of Policy Exchange’s Research Group on Political Thought, and Judicial Power Project Fellow — reflects on the campaign and the possible outcomes.

Mrs Merkel’s fourth term economic headaches

Mrs Merkel’s fourth term economic headaches

German Chancellor Angela Merkel will face her fourth general election next Sunday, 24th September. Opinion polls strongly suggest that she will win a fourth term forming a coalition with one or more of f the other parties.  Attention will then shift to the policy...

DExEU’s paper on post-Brexit UK-EU security and defence cooperation: a question of influence

DExEU’s paper on post-Brexit UK-EU security and defence cooperation: a question of influence

National Security Fellow Gabriel Elefteriu responds to the launch of the Government’s new paper on UK-EU security and defence cooperation after Brexit. The paper is a welcome starting point in efforts to improve the “mood music”, given recent acrimony in Brexit negotiations. It is right to stress areas of common interest with the EU27 and the UK’s vital role in European security, which is likely to continue for many years. However, there are still questions to answer about the proposed “deep and special relationship” with the EU, and how this is to be squared with renewed efforts to reinvigorate the NATO alliance.

Indiscriminate on Discrimination

Indiscriminate on Discrimination

David Goodhart, Policy Exchange’s Head of Demography, Immigration and Integration and Richard Norrie, Policy Exchange Demography, Immigration and Integration Research Fellow, respond to the publication of two Government commissioned reviews last week, both related to the life chances of minorities. The Lammy Review, led by David Lammy MP, investigated the treatment of and outcomes for ethnic minorities in the criminal justice system and a report by the Social Mobility Commission looking at the economic chances of young Muslims.

School superunion offers even more power to the far left

School superunion offers even more power to the far left

The merger of the National Union of Teachers and the Association of Teachers and Lecturers has created the largest education union in Europe. The National Education Union (NEU) clearly believes it is a force for good but experience suggests the far-left elements of...

Will a fiscal policy fix Europe’s defective monetary policy?

Will a fiscal policy fix Europe’s defective monetary policy?

Policy Exchange Director of Research & Head of Economics and Social Policy, Warwick Lightfoot, assesses the prospects for fiscal policy to correct the divergences of incomes within the Eurozone. The scope and scale of policy – even with a Eurozone Ministry of Finance and fiscal transfers will not be sufficient to offset the forces of monetary policy pushing in the opposite direction. Structural reform of labour markets, not fiscal policy, is the best way to improve economic prospects throughout the Eurozone.

The meaning of Sean O’Callaghan

The meaning of Sean O’Callaghan

Sean O’Callaghan, one of the most senior defectors from the Provisional IRA during the Troubles, died suddenly last week. He launched his most recent book, James Connolly: my search for the man, the myth and his legacy — here at Policy Exchange in 2015. Dean Godson, Policy Exchange’s Director and author of Himself Alone: David Trimble and the Ordeal of Unionism, looks at the wider strategic meaning of O’Callaghan’s career for the Spectator’s Coffee House.

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