Welcome to Stephanomics
I'm an economist who always wanted to be a journalist. Or maybe a journalist who always wanted to be an economist. Either way, I've spent most of my life trying to bring economic ideas to a wider audience. And that's what I want to do in this blog.
Not so long ago, economics was a dry and dismal backwater. The "macro" issues had more or less gone away. We all lived in a Goldilocks world economy where the mix of growth and inflation was "just right". And the "micro" side of economics - all that stuff about incentives and why people do what they do - well, that was safely locked in the impenetrable prose of academic journals.
Not any more. The fairytale economy of the nineties and noughties has turned out to be just that - a fairy tale. Old-fashioned macroeconomics is back, and the commentators are brushing up on the formal definition of a slump. Thanks to books like Freakonomics, The Undercover Economist, and others, the "micro" side of economics has come out of the woodwork as well.
So I don't think I'll be short of subject matter for this blog. There will be plenty of day-to-day observations on economic events - and plenty of economic events to write about. But I hope to also find time for some more considered entries along the way. And I've spent a fair bit of my career in the US, so don't expect me to focus only on the UK. You live in a global economy, and so does Stephanomics.