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  <title>The Consilium</title>
  <link>https://theconsilium.co.uk</link>
  <description>Economics analysis, opinion, and research from the University of Edinburgh</description>
  <language>en-gb</language>
  <lastBuildDate>Mon, 29 Jun 2026 18:34:19 GMT</lastBuildDate>
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  <title><![CDATA[Regulating Artificial Intelligence: An Economic Imperative]]></title>
  <link>https://theconsilium.co.uk/articles/ai-regulation-economic-imperative</link>
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  <description><![CDATA[AI generates textbook market failures: negative externalities, information asymmetries, and competitive concentration. The economic case for regulation is strong, and the window for effective action is narrowing.]]></description>
  <pubDate>Fri, 20 Mar 2026 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[Against AI Regulation: The Innovation Cost We Cannot Afford]]></title>
  <link>https://theconsilium.co.uk/articles/against-ai-regulation-innovation-cost</link>
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  <description><![CDATA[Premature AI regulation will entrench incumbents, drive research offshore, and fail to address actual harms. Existing laws are sufficient; targeted enforcement is better than new frameworks.]]></description>
  <pubDate>Fri, 20 Mar 2026 00:00:00 GMT</pubDate>
  <author>Alexander Escala</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[Raise the Minimum Wage: The Economic Case]]></title>
  <link>https://theconsilium.co.uk/articles/raise-the-minimum-wage-the-economic-case</link>
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  <description><![CDATA[Decades of evidence show that carefully implemented minimum wage increases lift incomes without the job destruction critics predict. The monopsony argument is compelling, and the distributional case is stronger than ever.]]></description>
  <pubDate>Tue, 10 Mar 2026 00:00:00 GMT</pubDate>
  <author>Alexander Escala</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[Against a Higher Minimum Wage: The Economic Case]]></title>
  <link>https://theconsilium.co.uk/articles/against-higher-minimum-wage-economic-analysis</link>
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  <description><![CDATA[A higher minimum wage is not the most efficient tool for reducing poverty. Better-targeted instruments exist, and the employment costs - especially for vulnerable workers and small businesses - are higher than advocates admit.]]></description>
  <pubDate>Tue, 10 Mar 2026 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[In Defence of Free Trade]]></title>
  <link>https://theconsilium.co.uk/articles/in-defence-of-free-trade</link>
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  <description><![CDATA[The empirical case for free trade remains robust. Its distributional consequences require management - but the answer is redistribution policy, not protectionism.]]></description>
  <pubDate>Sun, 15 Feb 2026 00:00:00 GMT</pubDate>
  <author>Alexander Escala</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[The Limits of Free Trade Orthodoxy]]></title>
  <link>https://theconsilium.co.uk/articles/limits-of-free-trade-orthodoxy</link>
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  <description><![CDATA[The China Shock literature, the pandemic supply chain crisis, and the political backlash against liberalisation all point to the same conclusion: free trade orthodoxy is incomplete.]]></description>
  <pubDate>Sun, 15 Feb 2026 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[Carbon Market Fragmentation and the Challenge of Global Climate Coordination]]></title>
  <link>https://theconsilium.co.uk/articles/carbon-markets-fragmentation-climate-policy</link>
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  <description><![CDATA[An examination of the growing patchwork of carbon pricing mechanisms and their implications for climate ambition.]]></description>
  <pubDate>Sat, 15 Feb 2025 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>Analysis</category>
</item>
<item>
  <title><![CDATA[Bank of England Cuts Rates to 4.5% as Inflation Returns to Target]]></title>
  <link>https://theconsilium.co.uk/articles/bank-of-england-cuts-rates-february-2025</link>
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  <description><![CDATA[The MPC votes 7-2 to cut Bank Rate for the third consecutive time, bringing it to 4.5% and signalling a cautious but sustained path towards looser monetary policy.]]></description>
  <pubDate>Thu, 06 Feb 2025 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>News</category>
</item>
<item>
  <title><![CDATA[AI and Labour Markets: Beyond the Technopanic]]></title>
  <link>https://theconsilium.co.uk/articles/ai-and-labour-markets-beyond-the-technopanic</link>
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  <description><![CDATA[The debate about artificial intelligence and employment is too important to be left to either starry-eyed optimists or catastrophists. A sober assessment of the evidence is overdue.]]></description>
  <pubDate>Fri, 15 Mar 2024 00:00:00 GMT</pubDate>
  <author>Eleanor Hughes</author>
  <category>Opinion</category>
</item>
<item>
  <title><![CDATA[The Housing Affordability Crisis: Comparing Policy Responses Across the OECD]]></title>
  <link>https://theconsilium.co.uk/articles/housing-affordability-crisis-policy-responses</link>
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  <description><![CDATA[From Vienna's social housing model to Singapore's HDB scheme, different countries have taken strikingly different approaches to housing affordability. What can Britain learn from international experience?]]></description>
  <pubDate>Sun, 10 Mar 2024 00:00:00 GMT</pubDate>
  <author>The Consilium Admin</author>
  <category>Analysis</category>
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