Research Papers

Discover our latest research papers

CEME Polling: What is the Value of Business?

The Centre for Enterprise, Markets and Ethics (CEME) is pleased to announce the publication of What is the Value of Business? by Richard Turnbull. The report can be downloaded here. A hardcopy can be purchased by contacting CEME’s offices at office@theceme.org

Brian Griffiths: A Celebration of Advent

  The meaning of Advent I must first make a confession. I love carol services. I love singing carols. I love the Christmas tree. I love Christmas decorations. I love the festivities of Christmas. They remind me of when I was very young singing carols from house to house in Fforestfach which was then a...

CEME Project: Why Saving Matters

Most people today who pay any attention to the news will be familiar with key economic concepts – consumption, investment, public expenditure, output, exports, imports, unemployment, economic growth, the balance of payments, public borrowing, interest rates, inflation, the national debt. Yet the one measure we hear little about is saving. Saving has become the Cinderella...

Richard Turnbull: The Local and Personal

Full Text Link: Local and Personal: The Principles and Practice of Saving in Victorian England – Revd Dr Richard Turnbull     About the Author: Richard Turnbull is the Director of CEME. He brings to the Centre a wide range of experience in business, the church and public life. He holds a degree in Economics...

Lord Griffiths: A New Age of Inflation?

The success of major advanced countries in dealing with Covid over the last twelve months has been remarkable. Scientists first discovered the vaccines. Then business accelerated their manufacture on an enormous scale. And as the vaccinations have been rolled out, the economic recovery has been dramatic.  As new variants appear we are still not out of...

Lord Griffiths: Will Covid-19 kickstart inflation?

Last August, in The Spectre of Inflation, I argued that the remarkable stability of prices in the past 25 years was due to central banks having operational independence and conducting monetary policy with a fixed inflation target of two per cent. While respondents and others put forward a variety of views, all recognised that a surprise...

Brian Griffiths: The Spectre of Inflation

The Great Moderation For the past 27 years UK governments of all political persuasions have targeted a rate of inflation of 2 per cent as the principal objective of monetary policy. The Bank of England is charged with the implementation of policy and to ensure its freedom to take tough decisions it was granted operational...

Graeme Leach: Godonomics – Thoughts on a Biblical Economic Worldview

  A New Online CEME Publication Professor Graeme Leach is Chief Executive of Macronomics, a macroeconomic, geopolitical and future megatrends research consultancy. He is also a visiting professor of economic policy, a senior fellow of the Legatum Institute and a member of the IEA Shadow Monetary Policy Committee. Between 1997 and 2013 he was Chief...

Richard Turnbull: Will the poor always be with us?

This is a transcript of a lecture given at Hope College (MI. USA) in March 2020. Introduction Well, good evening and thank you very much indeed for the invitation to speak this evening at Hope College. It is a privilege to do so. I come to you with a varied background and training, including economics...