Blog

Search

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...
Vuk Vukovic
23 July 2012
2 comments

Europe is once again on the edge of the cliff. Spain is out of money to finance itself and its banks; Greece, even though the pro-bailout coalition was formed, remains Europe’s...
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,...
Tom Papworth
25 June 2012
2 comments

The Orange Book's authors made the book what it is. Had it not been for David Laws MP and Paul Marshall, it might have been nothing more than an obscure collection of policy articles...
Len Shackleton
21 June 2012
5 comments

I admit that I’ve never been a fan of Jimmy Carr and am surprised to learn just how much he has apparently been earning for his rather predictable anti-establishment comedy. But if...
Kwasi Kwarteng
31 May 2012
4 comments

Britain currently has two emergency fiscal rules. There is a commitment, roughly speaking, to eliminate the structural deficit and to start shrinking net debt by 2015-6. These short term measures...
Philip Booth
29 May 2012
comments

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...
Terry Arthur
21 May 2012
1 comment

It is heartening to know that the huge outcry concerning George Osborne’s proposal to reduce tax-relief on charitable giving has been followed by a few brave (and valid) counter-arguments....
Philip Booth
16 May 2012
3 comments

  It might be thought that a succession of ‘tax cutting’ governments from 1979 and a government pledged to reduce inequality from 1997 would have led to a huge increase in the...
Richard Wellings
26 April 2012
4 comments

  Mancur Olson is best known for his 1965 book, The Logic of Collective Action, in which he explained why small, concentrated interest groups are more likely to influence policy than large,...
Ángel Martín Oro
18 April 2012
comments

  After just four months in office, the new Spanish government faces a very difficult situation. The measures implemented by Mariano Rajoy’s administration have not been as effective...
Alberto Mingardi and Carlo Stagnaro
5 April 2012
comments

Foreign direct investment (FDI) is an important economic indicator. The more a country is perceived by foreigners as attractive, the more it is likely to be engaged in fostering entrepreneurship...
D. R. Myddelton
3 April 2012
4 comments

  One hopes the overworked staff in the Office of Tax Simplification get overtime.  This year they have surely earned every penny. A glance at the Conservative Party’s Manifesto...
Philip Booth
23 March 2012
1 comment

At the IEA’s Budget briefing yesterday I called for the annual Budget to be abolished – or at least slimmed down to a very brief statement. This echoes calls made by Anthony Evans in...
Kristian Niemietz
21 March 2012
1 comment

  Given an expected unemployment rate of 8.7% for this year, it is a bit surprising that the Budget’s sub-subchapter on labour market reform occupies no more than half a page. If...
Philip Booth
20 March 2012
1 comment

The government's decision to nationalise the assets of the Royal Mail pension fund while taking on all future liabilities is another example of accounting sleight-of-hand by an administration...
D. R. Myddelton
12 March 2012
14 comments

  John Campbell’s biography of Margaret Thatcher refers to her taking a well-worn copy of Hayek’s Constitution of Liberty from her handbag and telling a seminar at the Centre for...
Philip Booth
8 March 2012
comments

  The government is to be applauded for its attempts to get the medium-term public finances under control. However, its enthusiasm to do so is leading, increasingly often, to decisions that...
Ruth Porter
6 March 2012
comments

  The very language of cuts has been markedly austere and depressing. It is now well established that the reductions the government will make to overall spending are actually tiny. Carving...