"A big choice was made by the Chancellor to allow borrowing to rise across the forecast," @HelenMiller_IFS says on @BBCPolitics Live responding to today's #Budget.
"We are delaying the point at which we get down borrowing, and with lower headroom we are more exposed."
A great start for EEA's Building Bridges!
Thanks to @vsecz & @ImranRasul3 for a wonderful first Presidential Address in Prague.
And this is just the beginning!
🔗eeassoc.org/building-bridges
Thanks to Stephen Machin (@s_machin_), @JeevunSandher, Delphine Strauss, @UCLPolicyLab, and everyone who joined us for a fantastic Stone Centre Annual Public Lecture. We’ll share a full recording of Stephen’s talk in our newsletter and socials in the coming weeks.
ALT Jeevun Sandher, Delphine Strauss, and Stephen Machin at the Stone Central Annual Public Lecture 2026
Missed our IFS Annual Lecture by Nobel Laureate Philippe Aghion last week?
🖥️ Watch back his full lecture on whether ideas are becoming harder to find, and whether innovation can still drive economic growth, on YouTube here: youtube.com/watch?v=nEX1x0CH…
Big announcement to the Labor Econ Community: We have created the "Labor Hub" - a platform to exchange relevant info (events, jobs, visits, SI, papers...) - Apply to become a member! Job market candidates especially encouraged to apply! Link: laborhub.ilr.cornell.edu/ Please share!
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.”
#NobelPrize
NEW PODCAST: Are renewables making electricity more expensive?
For our latest edition of IFS Zooms In, @HelenMiller_IFS, @levell_peter, and Stephen Jarvis explore the economics of renewable energy.
👇.@TheIFS is recruiting for research economists. Can come with UG or PhD backgrounds. An opportunity for those working on policy relevant topics in applied microeconomics.
Please help RT and spread the word to your students.🧑🎓
Econ profs: if you have talented students interested in academic careers in applied micro, point them towards @TheIFS.
We provide support for people undertaking PhDs part-time alongside work.
Our placements of people completing PhDs over the last 15 years are great. (1/4)
"Good to hear those two big things: fiscal discipline and growth. But we don't yet really know how the Chancellor is going to actually achieve those things."
@HelenMiller_IFS responds to the Chancellor's conference speech on #PoliticsLive:
NEW: Electricity prices in the UK are among the highest in the G7.
Why is this? And what can the government do about it?
Our new IFS Green Budget chapter explains: [THREAD] ⬇️
ALT Chart shows evolution of domestic energy prices in G7 countries since 1990. Title states: "Domestic energy prices in the UK are among the highest in the G7."
Today is launch day for The Everywhere Millionaire! I talked with @PrincetonEcon to answer a few questions about the book.
1. You can order your copy today us.macmillan.com/books/97812…
2. Please share this with friends who might be interested in the American Dream and/or American inequality
3. Amazon reviews are open now too, and a short one helps more than you'd think.
NEW: The English and Welsh justice system is under strain. But more funding alone won't fix the system’s problems.
Our new Transforming Justice report, funded by @nuffieldfound, examines the resources pressures facing the system:
[THREAD]
ALT Quote from IFS Research Director Imran Rasul. Quote reads: "A core function of the state is to provide a well-functioning justice system: one that offers access to justice and delivers efficient and fair outcomes. The performance of the justice system is about more than just financial resources, although those are of key importance. Strong management and appropriate location of resources both matter for an effective system, as do interactions with other parts of the state."
Wonderful start to the academic year with BREAD-CEPR Development Workshop in Zurich. Lots of good papers and discussion. Many thanks to @cepr_org and @UZH_en for hosting.
Next BREAD workshop is in Mexico City, Oct 23-24!
bit.ly/3V1t4fD
Latest hard copy addition to my collection of supervised PhD theses. From the brilliant Davide Zufacchi, who is starting at Bologna @unibo in the fall. Greatest pleasure for many academics is seeing there students go off and make their careers.🏄🏻
#proudsupervisor
We are launching a new BREAD-IGC virtual PhD course on political economy for the fall 2026. This is jointly organized with Mike Callen and Fred Finan theigc.org/events/bread-igc-… via @The_IGC