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Philip Booth
11 February 2013
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The ‘problem’ of better off people having to sell their homes to go into a care home has been around for two decades. Arguably, the issue raised its head when the Conservative...
Philip Booth
7 February 2013
1 comment

  James Buchanan pointed out that the problem with much policy-related economics is that it assumes one type of human person in the market place (the imperfectible human being generally...
Philip Booth
1 February 2013
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  Banks are embroiled in another “mis-selling” scandal, but we can be sure that customer behaviour won’t be affected. Few people will switch bank as a result. Regulation...
Philip Booth
23 January 2013
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  An interesting comment was made recently by Andrew Lilico at a meeting of the IEA’s Shadow Monetary Policy Committee. He suggested that the Bank of England has given up inflation...
Philip Booth
16 January 2013
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Earlier this week, the government announced a new pension reform which would involve the creation of a flat-rate state pension at around the minimum level of income deemed necessary to support a...
Philip Booth
11 January 2013
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  A thriving economy needs saving and capital investment. Capital investment is inherently risky because it involves making a judgment about returns from entrepreneurial ventures when our...
Philip Booth
7 January 2013
2 comments

  In a number of newspapers today, I am quoted accusing the government of ‘family bashing’ with reference to its decision to remove child benefit from higher-earning recipients....
Philip Booth
3 January 2013
1 comment

If the Child Poverty Action Group (CPAG) were to issue a press release this holiday period, which of the following do you think would be the most likely headline? CPAG claims that the...
Philip Booth
2 January 2013
6 comments

There has been a huge growth in game theory in undergraduate economic courses in recent years. Indeed, some universities seem to think it should form the main pillar of study. This was brought home...
Philip Booth
11 December 2012
1 comment

The non-stop tide of new regulation from the government continues. It now appears to be preparing to accept an amendment to the Financial Services Bill, which will allow the Financial Conduct...
Philip Booth
3 December 2012
2 comments

Those attacking companies not paying corporation tax have opened up a new line of argument. Specifically, members of the House of Commons’ Public Accounts Committee have argued that because...
Philip Booth
28 November 2012
1 comment

Another bailout deal has been secured for Greece. Some of the country’s borrowing will be written off – it will be left with a debt to GDP ratio of 'only' 125 per cent. But is...
Philip Booth
19 November 2012
3 comments

The US election was finely balanced, despite the attempts by the BBC to suggest otherwise. The vote was split roughly half and half, and Catholics were roughly split in line with the country as a...
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...
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...
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...
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,...
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...
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...