Mastering the wage bargain

27 September 2019|

In a week, I will head back to university to complete a masters degree in economics at LSE. As anyone who has considered a post-graduate degree will know…it’s expensive. Which raises the question, is it worth it? The obvious justification for paying such extortionate fees is labour market signalling and increasing human capital. But will my masters give me improvements in these over and above my undergraduate degree from the University of Surrey? And will it make a difference that

Economists are warming up to climate change

20 September 2019|

I’m an expat, or European immigrant, living here in London. Don’t worry, this post isn’t about Brexit. For my frequent visits home, though not as frequent as my Mum would like, I use an Irish low-cost airline (which is the only one which flies direct from London to my hometown). I have paid as little as £30 for a return flight to Germany. While this is good for my wallet, it’s really not great for my carbon footprint. £30 —

Trains, cathedrals and superlatives

13 September 2019|

“Everybody loves the sound of a train in the distance Everybody thinks it’s true” Paul Simon I write this sitting on my bed in my berth on the Caledonian Sleeper train, running overnight from Edinburgh Waverley to London Euston. As many (better) writers before me have noted, there is something peculiar about train travel, particularly long journeys, particularly at night, that turns the mind towards contemplation. In my case, that is now amplified by a couple of glasses of scotch

In vino veritas

6 September 2019|

This August I turned 40 and while I’ve cherished the abnormal levels of attention and celebrations, I’ve so far remained immune to most symptoms of a mid-life crisis. I have no urge to purchase a sports car or motorbike or a trophy wife. I see sport as a necessary evil enabling and counterbalancing a relatively carefree lifestyle on my terms, not on those fuelled by bucket lists, age-related insecurities or peer pressure. As a result, I feel no desire to

The pitfalls of misrepresentation

30 August 2019|

At the age of 32, my other half is retiring, and he thinks I should too. At least, that’s what this morning’s drive to the station implied. Sure, we’ve discussed the joys of being footloose and fancy free, exploring the world and wearing our hair in dreadlocks, but I didn’t really mean it! My response to this morning’s ambush was silence, which I suspect spoke volumes, or, at the very least, made my true feelings a little clearer. I’m not

How to join the bottomless brunch club

23 August 2019|

Investing by theme is in vogue these days and personally I think it’s great. Worried about climate change? Invest in a green fund. Think technology is the future? Go tech. There are a whole host of themes that investors can gain access to these days, via ETFs or fund managers. You can even get exposure to the marijuana industry if you think the prospects for the budding industry are good (or if you just like smoking pot). But despite the

WeWork: a fantasy valuation?

16 August 2019|

Last Thursday, a group of Fathom staff got together after work to conduct an auction of Premier League footballers. While business here is going well, none of us are owners of top-tier English football clubs (yet). Rather, the money was play and the auction was for this year’s work fantasy league – an increasingly popular pastime where real-life players earn pretend managers points based on how well they play in actual games. A couple of sceptical colleagues saw the event

Why patience really can be a virtue

9 August 2019|

At 18:30 on Saturday 18 May 2019 the last scheduled High-Speed Train (HST) — familiar to those who remember the early marketing material as the InterCity 125 — left London Paddington for Exeter. It was the end of an era. This diesel locomotive, designed and built on a meagre budget by British Rail through the early 1970s, was never meant to last. It was intended as a stopgap measure before electrification could be rolled out across the UK’s long-distance rail

How global is ‘global Britain’?

2 August 2019|

One thing that many Remainers and Leavers have in common is that they want Britain to be more ‘global’, whatever that means. Naturally, they disagree about the path needed to get to this hallowed ground and indeed what a global Britain would look like, but both groups are sure they want it. But what does global Britain mean in an economic sense, how do we measure the UK’s openness, and how does it compare to its peers? The answer to

Climate Keynes

26 July 2019|

The debate around climate change, and what actions governments, the private sector and households ought to take is being thrust ever more into the public eye. Earlier this year ‘Extinction Rebellion’ protests demanding ‘emergency’ action disrupted central London — although arguably not as much as this week’s ‘heatwave’, which once again exposed the UK’s infamous struggles with inclement weather. But with temperature records set in many European cities, it highlighted a longer-term trend towards a warming planet. The climate debate