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Tag: inequality

Why averages are not what they used to be

Why averages are not what they used to be

I had a conversation this morning with Jules Birch about the irritating and downright misleading way statistics are often used. This misuse may be intended or accidental, but the net result is the same. People are fed a distorted picture of reality which influences their view of the world. More worryingly, the misleading meanings ascribed to these statistics are repeated as facts, because they appear to be supported by hard numbers. The world becomes more ignorant and more adamant about…

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Searching for a Higgs Boson to explain the unsolved problems of the housing market

Searching for a Higgs Boson to explain the unsolved problems of the housing market

Over the past few months, particularly the past few days, I have bathed in data, ideas, business models, policies and blue sky thinking on how we can deliver more housing in the UK. This was the central theme running through yesterday’s Housing Market Intelligence conference. It was the broad thread that tied together the expert analyses in the associated Housing Market Intelligence report, which I edit. It was also the basic question that underpinned an Institute of Economic Development London…

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