Model Thinking

Sowing The Wind

The implicit shadow price of carbon in the UK

Mar 9 • Duncan McClements

28

5

7

February 2026

A Pound of Flesh

The true marginal cost of taxation in the UK

Feb 24 • Duncan McClements

23

5

4

December 2025

Gilt by Association

Against Pound Foolish Pension Regulation

Dec 23, 2025 • Duncan McClements

6

October 2025

Capital flight

Rising capital shares could reduce city populations

Oct 8, 2025 • Duncan McClements

2

August 2025

Come to Second Order!

Running an economics unconference 26th-29th September, 2 hours from London Liverpool Street

Aug 16, 2025 • Duncan McClements and Rohan Selva-Radov

6

The Sun Never Leaves

How emigration ended the British Empire

Aug 5, 2025 • Duncan McClements

29

17

9

June 2025

Pennies for Petabytes

Data royalties would be small, but greatly slow down AI progress

Jun 6, 2025 • Duncan McClements and Jason Hausenloy

7

2

April 2025

Not the Nightmare Scenario

Our equine economist on the economic possibilities for our grandchildren

Apr 1, 2025 • Duncan McClements and Jason Hausenloy

26

1

2

January 2025

How much economic growth from AI should we expect, how soon?

A post for Inference Magazine

Jan 17, 2025 • Duncan McClements

7

1

November 2024

The end times portfolio is long

Do negative potential effects of AI imply shorting the market?

Nov 6, 2024 • Duncan McClements

3

5

1

September 2024

Thames into Tyburn

The case for filling in rivers

Sep 13, 2024 • Duncan McClements

6

3

2

Refillable planet

Existing fertility interventions are (probably) well worth it

Sep 2, 2024 • Duncan McClements and Jason Hausenloy

24

11

7