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David Spencer

David Spencer

My general interests lie in the economics and political economy of work, employment relations / work studies, the history of economic thought, and political economy. My approach to research and teaching encompasses ideas and insights from different disciplines and I retain an interest in promoting forms of interdisciplinary research and teaching. Current research focuses on a number of interconnected areas, including the conceptualisation of work, the changing boundaries between labour economics and other areas of labour research, the study of the quality of work and of worker well-being, and the process of financialisation especially as the latter bears on work and labor.

Economics is fundamentally flawed – far worse than the Bank of England realises

Jan 11, 2017 15:30 pm UTC| Insights & Views Economy

The Bank of Englands chief economist, Andy Haldane, recently criticised his very own profession. This led to a bout of soul searching for economists as we face, again, the familiar criticism that nobody predicted the 2008...

Sleep deprivation costs the economy billions – and sends workers to an early grave

Dec 06, 2016 20:38 pm UTC| Insights & Views Economy Health

The British economy loses 40 billion a year due to sleep deprivation, according to a new study. Beyond the loss of economic output, sleep-deprived Britons are shortening their lives. The study shows that people who sleep...

Briferendum Series

Forget Brexit – austerity is far worse for the UK economy

Jun 03, 2016 08:15 am UTC| Insights & Views Economy

The weight of opinion holds that leaving the European Union would be costly for Britain. The latest forecast, from the respected Institute for Fiscal Studies, predicts that austerity measures such as cuts in public...

The two big failures of George Osborne's budget

Mar 23, 2016 16:02 pm UTC| Politics Economy

After a rollercoaster week for Britains chancellor, his eighth budget has been approved. George Osborne will be breathing a sigh of relief. After proudly announcing his budget on March 16, things began to unravel just 48...

1 

Economy

Is China the potential driver of a new wave of globalisation?

Since the 2008 global financial crisis and with a particular impetus after Xi Jinping became president in 2012 Chinas foreign policy has been characterised by a departure from a keeping a low profile approach to one of...

Japan's underlying inflationary pressures remain subdued, highlight difficult task ahead for the BoJ

In Japan, data from the Internal Affairs Ministry showed on Friday that Japans core consumer inflation gauge rose for a fourth month in April, the longest run of gains since mid-2015, but remains far below the central...

German bunds climb on safe-haven demand amid quiet trading session

The German bunds climbed at the close of the trading week on Friday as investors poured into safe-haven instruments amid a quiet trading session that witnessed data of less economic significance. The yield on the...

EUR/HUF likely to remain steadily higher over the coming year, says Commerzbank

MNB remained dovish at its May Monetary Policy Committee (MPC) meeting this week, but there was the absence of any fresh dovish signals, which made markets wonder whether or not MNB was going to reconsider its ultra-dovish...

JGBs flat post slightly lower-than-expected April core consumer inflation

The Japanese government bonds traded flat on the last trading day of the week after reading the countrys slightly lower-than-expected core consumer price inflation for the month of April. The benchmark 10-year bond...

Politics

Virtual doorstep: journalists, social media and the victims of tragedy

Some of the most powerful stories about the atrocity in Manchester have been told online: whether pictures of the missing, the videos taken in the aftermath or the hashtags such as #roomformanchester or #acityunited...

How World War I changed the weather for good

Culture has rarely tired of speaking about the weather. Pastoral poems detail the seasonal variations in weather ad nauseam, while the term pathetic fallacy is often taken to refer to a Romantic poets wilful translation of...

Beyond Brexit: ‘Global Britain’ looks to the emerging Anglosphere for new opportunities

What lies beyond Brexit? This is not just a question for the United Kingdom and the European Union, but also one that will reverberate around the world. One answer is the Anglosphere. Often spoken of as an...

Electioneering in the social media age

Britain is engaged in a General Election contest and once again political parties are investing money, time and energy in their online presence. The Tories are ploughing cash into Instagram adverts and Labour is doing its...

How UKIP’s decline could provide a major boost for Theresa May

The British prime minister Theresa May called a snap general election in the expectation that it will deliver her a substantially increased parliamentary majority. This in turn would give her the strong and stable...

Science

Resistance to hydropower is evaporating as science takes centre stage

Big dams have a bad reputation. Theyre often associated with social disruption and environmental damage. That perception is now shifting. The challenges of climate, urbanisation and economic growth in countries and...

There Are Now Tattoos That Can Say It Was Stupid To Get A Tattoo Out Loud

Humans have had a long history with tattoos, going back to the hunter-gatherer days when primitive tribes would mark themselves after a successful hunt or winning a war. These days, tattoos have become a fashion statement,...

Gas Station On The Moon Planned, Mars Mission Jump Point

There are several developments in the space sector right now, one of which is the effort to colonize Mars. However, this project has quite a few obstacles with energy burnout being a major factor. This is where a Caltech...

Arms Early Impressions Favorable, Nintendo Switch Motion Control Seems Good

When it was announced that Nintendo was going to be released a fighting game with motion controls called Arms, many were concerned that the response wouldnt be up to par. Based on early impressions, however, both the game...

Scientific Proof That Vegans Are Right, Going Meatless Will Save The World

In developed communities, particularly in the US, Vegans have earned unfortunate reputations for being a little annoying. However, new scientific research suggests that they may actually have the right standpoint on the...

Technology

Designing games that change perceptions, opinions and even players' real-life actions

In 1904, Lizzie Magie patented The Landlords Game, a board game about property ownership, with the specific goal of teaching players about how a system of land grabbing impoverishes tenants and enriches property owners....

Another Private Rocket Company Competes With SpaceX, Successful Test Reaches Space

Theres no denying that Elon Musks SpaceX is the most popular private space company in the business right now. However, its not the only one. Another American company successfully launched a rocket from a New Zealand site,...

Free ‘The Witcher’ Game Available To Players Of ‘Gwent’ Closed Beta

CD Projekt Red has opened the doors to the open beta of the Gwent: The Witcher Card Game, so everyone can finally try out the spin-off card game found in The Witcher 3: Wild Hunt title. This isnt the end of the surprises,...

Fallout 4 Is Free-To-Play This Weekend, But Only This Weekend

Theres no doubt that Bethesdas Fallout 4 video game has been a financial success, but it seems the company wants to increase the exposure of the title years after its release. This weekend, players will be able to download...

Far Cry 5 Details Revealed; Cults And Inbred Characters?

After confirming a few details about Far Cry 5 last week, Ubisoft promised that it will do the official announcement of the game in a few days. In the meantime, the company released an official artwork for the game that...
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May 26 14:30 UTC Released

USECRI Weekly Annualized*

Actual

5.1 %

Forecast

Previous

5.0 %

May 26 14:30 UTC Released

USECRI Weekly Index*

Actual

144.1 %

Forecast

Previous

144.5 %

May 28 15:00 UTC 15231523m

SAM3 Money Supply YY*

Actual

Forecast

Previous

0.0 %

May 28 15:00 UTC 15231523m

SAPvt Sector Loans YY*

Actual

Forecast

Previous

-0.1 %

May 29 08:00 UTC 25432543m

EZLoans to Households*

Actual

Forecast

Previous

2.4 %

May 29 08:00 UTC 25432543m

EZLoans to Non-Fin

Actual

Forecast

Previous

2.3 %

May 29 08:00 UTC 25432543m

EZMoney-M3 Annual Grwth*

Actual

Forecast

5.2 %

Previous

5.3 %

May 29 23:30 UTC 34733473m

JPAll Household Spending MM*

Actual

Forecast

1.1 %

Previous

-2 %

May 29 23:30 UTC 34733473m

JPAll Household Spding YY*

Actual

Forecast

-0.7 %

Previous

-1.3 %

May 29 23:30 UTC 34733473m

JPJobs/Applicants Ratio

Actual

Forecast

1.46 %

Previous

1.45 %

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