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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...
Philip Booth
13 March 2012
2 comments

  The country has recently been asked to celebrate the beginning of “Fairtrade Fortnight”. Fairtrade is a private certification scheme that, according to the Fairtrade Foundation...
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...
Philip Booth
27 February 2012
3 comments

Tim Montgomerie has been a leading advocate of a move from income to wealth taxes in recent months. In a recent article in The Times he dismissed what he described as fallacies about wealth taxes....
Philip Booth
20 February 2012
7 comments

Recent US growth figures seem to have re-energised naive Keynesians who, lacking any real evidence or credible prior theory for their case, leap upon anything that can justify policies that involve...
Philip Booth
15 February 2012
5 comments

The UK has been put on a credit-rating downgrade watch. This is not surprising, but one wonders whether Moody’s is focusing on the right issues. In particular, Moody’s cited the lack of...
Philip Booth
8 February 2012
2 comments

An organisation called Catholic Voices organises seminars – amongst other things – to help young Catholics in the media. A few months ago, I spoke at one of their seminars about...
Philip Booth
31 January 2012
3 comments

Apparently, the World Economic Forum – a pre-skiing holiday talking shop for many of its attendees - exists as “an independent international organization committed to improving the...
Philip Booth
20 January 2012
3 comments

Many UK economists are pretty sanguine about euro break-up. Patrick Minford, for example, in the minutes of the Shadow Monetary Policy Committee this month wrote that tales of disaster have little...
Philip Booth
16 January 2012
comments

A major policy plank in the re-branding of the Conservative Party has been the adoption of well-being economics – one of the favourite fads of the left. Six years ago, David Cameron made a...
Philip Booth
12 January 2012
4 comments

My last blog post was on recycling so I guess it is appropriate if I recycle some material from an old blog post to deal with Nick Clegg’s latest attack on the  'it’s not...
Philip Booth
5 January 2012
3 comments

The Christmas-to-New Year holiday was a bad period for those of us who believe in deregulation. A minimum price for alcohol was proposed; a massive extension of state funding and regulation of...
Philip Booth
23 December 2011
comments

Perhaps the wisest words in the wake of the financial crash by a religious person were written by Cardinal Pell when he said: “The only thing we can say is to repeat the central teachings of...
Philip Booth
7 December 2011
3 comments

The BBC’s coverage of the National Social Survey shows the BBC at its very worst. It has completely misrepresented the survey to promote its own political worldview that we are becoming more...
Philip Booth
6 December 2011
1 comment

Thirty years ago, the economics profession was dominated by naive Keynesians. The author of the standard textbook at the time, used by the majority of A-level students and first-year undergraduates...
Philip Booth
28 November 2011
1 comment

Last week, the IEA held a discussion on the EU. There were some prominent euro enthusiasts there, together with a large number of sceptics. I was somewhat surprised by the enthusiasm of the free-...
Philip Booth
18 November 2011
4 comments

  Newsnight this week had, for them, a reasonably balanced piece on the proposed EU transactions tax on Wednesday evening. There were some people in favour and some against before an...
Philip Booth
15 November 2011
1 comment

Mario Monti has the technical ability to deliver much needed privatisation and liberalisation, but whether he is able to survive the rigours of democratic politics is another matter. When the euro...
Philip Booth
8 November 2011
1 comment

It is widely expected that the Prime Minister is going to start calling for a more moral form of capitalism. I have a simple test of whether a politician is trying to debate, or avoid, tough policy...
Philip Booth
1 November 2011
1 comment

In the midst of a eurozone sovereign debt crisis - caused largely by government profligacy - it is not surprising, but it is regrettable, that the German Finance Minister should call for more...