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I do not believe that economics went wrong because of using mathematical models. ... I certainly do not agree that there is no imagination in modern economics.

I’m not seeking to reinvent economics. I’m seeking to use it better. ... in the 2015 book ‘Theology and Economics: a Christian Version of the Common Good’.

Lord Smith agreed : “You’re not only right about economics, but you’re also right about politics. ... The culture of politics nowadays does not encourage someone saying ‘I don’t know’”.

Selected publications. Ritz, R. (2024) “Does competition increase pass-through?” RAND Journal of Economics (DOI: 10.1111/1756-2171.12461) (published Feb 2024). ... Journal articles. Ritz, R. (2024) “Does competition increase pass-through?” RAND

In the near term, does it fit with the financial frame and constraints of the firm (can we afford it)? ... In the long term, does the acquisition provide additional growth options – is there a chance of upside beyond base economics?”.

Economics is not a science, it’s an art. It is often very complex and difficult. ... And there is the risk of economics digging itself into a bigger hole of irrelevance.

Michael Pollitt. Michael Pollitt. Professor of Business Economics. Fellow of Sidney Sussex College. ... Liu, X.-Y., Pollitt, M.G., Xie, B.-C. and Liu, L.-Q. (2019) “Does environmental heterogeneity affect the productive efficiency of grid utilities in

Chemmanur, T.J., Rajaiya, H. and Sheng, J. (2019) “How does online employee ratings affect external firm financing? ... Employee satisfaction and equity prices.” Journal of Financial Economics, 101(3): 621-640.

But it will cast doubt on traditional economic modelling and it does question the ability of the economics profession to provide high quality policy analysis on issues of national importance.”. ... Prior to this he was economics fellow at Selwyn College