Blogs: Tax & Finance

Changes in society, the economy and the environment have consequences for the call on government spending, for tax revenues and for returns to investment.

The impact of a carbon tax in the USA

carbon tax USA

Carbon taxes have largely failed to gain traction in the United States, despite being a key requirement for rapid decarbonisation at a local, state or national level.
Policymakers and voters have declined to endorse them, concerned about costs to consumers and negative impacts on…

E3ME, endogenous money and Modern Monetary Theory (MMT)

Endogenous Money Modern Monetary Theory (MMT) E3ME

Unlike most other macroeconomic models, ours (E3ME) includes endogenous money as a core feature (including borrowing by government).
This difference is important because it allows us to best predict outcomes that might be encountered by our clients. Find out how…
We get a lot …

Saving Santa and the North Pole’s economy

In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable.
But how on earth do you account for ‘magic’?  Is there a currency? What about the el…

Electric vehicles: what will happen to fuel duty revenues?

Electric vehicle use will impact fuel duty revenue

An issue that often arises when discussing a transition to electric vehicle use is fuel duty revenues, and how and whether governments will enforce new taxes to replace them.

How much revenue does fuel tax generate, and how long would it take for UK fuel duty revenue to reach ze…