Blog

Search

Philip Booth
4 February 2010
3 comments

I suppose I am not the right person to be giving an unbiased take on the Pope’s recent remarks to the English and Welsh Bishops on their ad limina visit to Rome on this secular economics blog...
Philip Booth
15 January 2010
5 comments

It is good news, at least to some extent, that George Osborne has announced that some cuts will be made in government spending as soon as the Conservatives enter office. But, he should be careful....
Philip Booth
8 January 2010
9 comments

Just after Christmas a number of members of the IEA’s SMPC wrote to the Sunday Times about the dire need for a fiscal plan to deal with government borrowing. In this context, it is worth...
Philip Booth
28 December 2009
4 comments

Yesterday I appeared on the Radio 4 Sunday Programme. The programme is available online on the BBC iplayer at http://www.bbc.co.uk/programmes/b006qnbd until 2 January. It...
Philip Booth
24 December 2009
4 comments

One of the more irritating suggestions that people make in the debate about “corporate social responsibility” (CSR) is that “businesses should put something back into society...
IEA
9 December 2009
4 comments

Alistair Darling has failed to take the tough decisions to tackle the country’s enormous budget deficit. According to Mark Littlewood, the IEA’s Director General, “A tax on bankers...
Philip Booth
19 November 2009
6 comments

I welcome Vince Cable’s repudiation of the Tobin tax but, instead, he has proposed a tax on bank profits to help provide a sort of insurance premium to pay for the losses banks impose on...
Philip Booth
12 November 2009
16 comments

The government has just announced that nursing will become an all-graduate profession from 2013. I don’t want to go down the route of discussing whether degrees are appropriate for nurses, an...
Philip Booth
26 October 2009
comments

It is difficult to know where to start in writing a blog post about George Osborne’s proposals to ban high-street bank bonuses in cash of more than £2,000. Let me, instead, raise a...
Philip Booth
22 October 2009
comments

Reform have today launched a report calling for the end of middle class benefits to stave off increases in tax. Before querying that proposal, let me say first that I am glad that they have waded...
Philip Booth
19 October 2009
2 comments

Elinor Ostrom and Oliver E. Williamson, the winners of the 2009 Nobel Prize in Economics, have much to contribute to contemporary economic debate. But their ideas should have particular resonance in...
Philip Booth
14 October 2009
comments

According to Keynes, sticky prices in markets lead to a phenomenon whereby we can get disequilibrium in the labour market unless the government intervenes to prevent deflation. As ever, all the...
Philip Booth
6 October 2009
comments

The Conservatives are proposing to clamp down on incapacity benefit claimants in order to deal with the large numbers they say should be in work. This is a laudable aim, of course, but it is highly...
Philip Booth
26 September 2009
4 comments

The UK government has told the Football Association that it does not like its performance. Apparently it is not doing enough to advance the women’s game and for youth development, amongst...
Philip Booth
25 September 2009
10 comments

If the next government, of whatever colour, insists on not taking the bold step of getting the government out of the production and management of the money supply – and political realism...
Philip Booth
14 September 2009
18 comments

The Institute of Directors and the Taxpayers’ Alliance have just produced a report on cutting public spending by £50billion. The report makes excellent reading and is possibly the first...
Philip Booth
27 August 2009
8 comments

This little gem recently came to my attention:    The Pythagorean Theorem has 24 words. The ten commandments (English version) contain 138 words. US regulations about cabbages...
Philip Booth
14 August 2009
20 comments

In the row over Daniel Hannan’s comments on the NHS, David Cameron said: “Millions of people are grateful for the care they have received from the NHS – including my own family.” I suppose...
Philip Booth
24 July 2009
4 comments

It was recently reported that over 50 pubs a week were closing as a result of an increase in beer tax. There seems to be some surprise that private sector economic activity is reducing (ignoring the...
Philip Booth
23 July 2009
2 comments

If you want to get on the front page of the BBC website and all over the news one morning then run an economic forecasting model with all the spurious accuracy and doubtful assumptions about...