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Philip Booth
16 November 2012
3 comments

The eurozone is in recession. This is no surprise. Neither is it surprising that the south is struggling much more than the north. Keynesians are responding with a chorus of voices arguing that...
Len Shackleton
15 November 2012
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This week Nick Clegg has announced the government’s intention to extend to all employees the right to request flexible working. This proposal seems not to have excited much concern amongst...
Vuk Vukovic
14 November 2012
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A lot of pro fiscal stimulus arguments in the USA and the UK come from the classical zero lower bound (ZLB) assumption, in which conventional monetary policy is said to be ineffective...
Kristian Niemietz
13 November 2012
1 comment

  The Dutch sometimes find it annoying that most people use the terms ‘Holland’ and ‘the Netherlands’ as synonyms. Holland, they insist, is just one part of the...
Philip Booth
12 November 2012
4 comments

Who among Sunday Telegraph readers has not tried to avoid paying tax? I should imagine that most married readers keep their assets in the name of the spouse with the lowest tax rate. And I...
Philip Booth
9 November 2012
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Earlier this week, a group of leading academics called for a revolution in financial regulation. This call came after the publication of a group of papers examining regulation across every field of...
Kristian Niemietz
8 November 2012
1 comment

When you get stuck on the tube, and hear the driver’s voice on the loudspeaker saying ‘we are currently being held here at a red signal’ – do you sometimes feel a flash of...
Philip Booth
6 November 2012
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Let us set aside the argument about whether global warming is a serious threat that we can address through Government policy. Let’s assume that it is. Given the threat, should we go about...
Steven Horwitz
5 November 2012
2 comments

In the aftermath of Hurricane Sandy, the New York and New Jersey areas of the US suffered shortages of gasoline and other necessities for several days. This is not unusual as almost every major...
Kristian Niemietz
2 November 2012
4 comments

  A while ago, I saw a study on American attitudes towards the death penalty, and in particular, on how the belief in its deterrent effect correlates with the belief in its moral...
Paul Robinson
1 November 2012
5 comments

  ‘With Trident we could obliterate the whole of Eastern Europe’, protests Sir Humphrey Appleby in a classic episode of Yes Prime Minister when Jim Hacker tells him that he is...
Philip Booth
31 October 2012
3 comments

Today marked the publication of Tarzan’s new growth report. Not surprisingly, it is being welcomed by the Labour Party and trades unions as well as representatives of big business. Indeed,...
G. R. Steele
30 October 2012
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One estimate (from the Olympic Delivery Authority) for the overall ‘Public Sector Funding Package’ for the London 2012 Olympic Games, placed it in the region of £10...
Richard Wellings
29 October 2012
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  The government’s new plan for a two-tier road tax system has many shortcomings. In particular, it fails to address the economic distortions created by a fiscal framework that taxes...
Philip Booth
26 October 2012
1 comment

  When the euro was formed, the economic debate was marked by a paradox. Liberal economists on the continent were enthusiastic – they believed the euro’s adoption would force...
Kristian Niemietz
24 October 2012
11 comments

  Have you heard about it? Trickle-down economics has failed. Barack Obama says so. Paul Krugman says so. The Wall Street Journal says so. The Guardian says so. You’ll hear it in...
Christopher Snowdon
22 October 2012
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Are the British developing a taste for smuggled booze and moonshine? There was a five-fold increase in the number of seizures of counterfeit alcohol by Trading Standards between 2008/09 and 2010/11...
Emmanuel Martin
19 October 2012
1 comment

  The Federal Reserve’s new round of Quantitative Easing (QE3) consists of purchasing $40 billion worth of mortgage-backed securities every month and injecting corresponding...
Philip Booth
17 October 2012
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  At a meeting in the House of Commons yesterday, I was asked to describe the characteristics which should be possessed by the next Governor of the Bank of England. These were my thoughts...
Philip Booth
17 October 2012
5 comments

  At a meeting in the House of Commons yesterday, I was asked to describe the characteristics which should be possessed by the next Governor of the Bank of England. These were my thoughts...