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Philip Booth
26 September 2012
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It is difficult to think of a policy that is as ill-conceived on so many levels as the coalition's announcement on Sunday to encourage parents to guarantee their children's mortgages....
Philip Booth
25 September 2012
4 comments

  Last night’s BBC programme on F. A. Hayek was interesting and, like the Keynes programme, gave the subject a fair crack of the whip. It is not by way of criticism that I write this...
Philip Booth
21 September 2012
26 comments

I was surprised to see The Times run a front page, a three page feature and a leader on tax avoidance yesterday. The arguments used by The Times, and the specific examples highlighted were...
Philip Booth
19 September 2012
5 comments

  Monday night's BBC documentary Keynes in the Masters of Money series will be followed by two others on Hayek and Marx. The first programme was brilliantly presented by Stephanie...
Philip Booth
31 August 2012
2 comments

Once again, we hear calls for a wealth tax not just from Nick Clegg and Simon Hughes, but also from Tim Montgomerie. These calls cannot go unchallenged. A wealth tax is a pernicious tax because...
Philip Booth
31 July 2012
4 comments

When I was at university, the vast majority of liberal-thinking people were in the Federation of Conservative Students – an organisation that was shut down by Norman Tebbit for being too...
Philip Booth
30 July 2012
4 comments

It would be churlish to do anything other than praise the technical brilliance of the Olympic opening ceremony. The choreography and the execution by both the professionals and volunteers were...
Philip Booth
26 July 2012
2 comments

The statisticians will be arguing about the last quarter’s growth figures for years. Was it really a 0.7 per cent fall in national income, a 0.9 per cent fall or a 0.5 per cent fall? If it...
Philip Booth
24 July 2012
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Employment minister Chris Grayling might be going on holiday pretty chuffed with himself after the latest employment figures. On the other hand, a lot of other ministers have much to think about as...
Philip Booth
10 July 2012
7 comments

It is perhaps surprising that senior people in the Catholic Church have been relatively quiet in the recent debate about tax avoidance. But, keeping quiet is probably a good strategy. After all,...
Philip Booth
5 July 2012
2 comments

The spotlight in the Libor rate-fixing scandal has moved. Questions are being asked about the culpability of the FSA, which may well have ignored repeated warnings about Libor calculations from...
Philip Booth
4 July 2012
2 comments

  I was beginning to feel quite warm towards Michael Gove’s plans for more varied qualifications within schools, and then I thought more about the detail. It seems that the proposals...
Philip Booth
29 June 2012
2 comments

This week a major scandal came to light with regard to the setting of LIBOR, which is the interest rate at which banks lend to each other. It would appear that this rate, which is a useful index of...
Philip Booth
22 June 2012
2 comments

It was interesting to see former New Zealand Prime Minister Helen Clark pop up in the news again this week. I had not realised that she had been taken on as the head of the United Nations...
Philip Booth
15 June 2012
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There has long been support for the EU project in the Vatican but, as ever in these matters, we have to ask whether governments and supra-national organisations remain the servants of the people or...
Philip Booth
8 June 2012
6 comments

Europe is riddled with bad debt. In some countries, such as Spain, banking systems are in chaos. In other countries, the government has accumulated sufficient debt that it does not even require a...
Philip Booth
7 June 2012
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There is some sense in the EU’s new plans to change the way in which banks are regulated. In particular, there are two major problems with the current system of regulation in the EU. Firstly...
Philip Booth
29 May 2012
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In my last blog post I looked at the complexities of the UK tax system. Unfortunately, in order to make it remotely comprehensible, it was greatly simplified. The example taken was a relatively...
Philip Booth
28 May 2012
2 comments

If one were to set out to design a malfunctional tax and benefits system from scratch you would probably end up with what we have in the UK. As such, the Taxpayers’ Alliance new...
Philip Booth
24 May 2012
3 comments

Michael Sandel is in town at the moment to promote his book How Markets Crowd Out Morals. His article on the subject in the Boston Review is a clever piece that makes some interesting points. But...