Productivity is output per hour per worker. Importing people does not improve it unless those people are of higher productivity than the average in that UK.Your analysis is correct for economic outpu… (View Post)

Nice tribute to Salmond (View Post)

Terrible politics if your client vote is pensioners. I think it's the most heartening thing this administration had done so far - taking on the oldies is a necessity if the UK is to become solve… (View Post)

Possibly big news Scotland. Salmond. (View Post)

The other thing Max regularly complains about is the ONS being too pessimistic about UK GDP figures. I'm not qualified to offer an opinion, but it's odd that the same doesn't apply whe… (View Post)