Jethro Elsden

Jethro Elsden is Chief Economist at The Yimby Initiative.

Articles

Culture

Harry Potter and the economics of the wizarding world

Over the Christmas period you may well have settled down to watch one of the Harry Potter films. I, like millions of fans have always loved the series and have often imagined what it might be like to live in J.K. Rowling’s magical world. But spend a little time contemplating the prospect and you will […]

Government

After 40 years of liberalisation, China still has a long way to go

Saturday December 22 will mark 40 years since China began its long march of economic reform and opening up. The particular anniversary is of the end of the 3rd plenary session of the 11th Central Committee of the Communist Party of China, at which Deng Xiaoping effectively became paramount leader of the Communist Party, and won […]

Taxation

The Conservatives would be rewarded at the ballot box for making work pay

If the Conservatives want to win the next election, then they are going to need a story to tell voters that will appeal not only to their minds but also to their hearts. There is no point making the case for a slimmer state, lower taxes, or education reform with nothing more than a cost-benefit […]

Economics

Is it time to scrap the Nobel Prize in economics?

William Nordhaus and Paul Romer are worthy winners of this year’s Nobel Prize in economics. Both have done ground-breaking work, the former on the long-term macroeconomic impact of climate change, and the later for modelling technological change and economic growth. This isn’t just dry theory; it has the potential to have real benefits especially in […]

Business

Secondary ticket markets are good for fans and good for performers

Some people no doubt welcomed the news that Ticketmaster is closing down its secondary ticketing websites as an end to rip off prices for the next live music concert or big sporting event that they attend. However, the decision doesn’t change the one thing that means touts and secondary ticket markets will always exist: scarcity. […]

Policy

My time as a Deliveroo rider was liberating — not exploitative

I never meant to ride for Deliveroo. When I moved to London last July to work as an economic researcher in a new startup firm, I thought that was my career up and running. But life can take strange turns: by October I was out of a job and looking for work. In the meantime […]