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Philip Booth
14 February 2011
2 comments

Editorial note: Supply side week Supply side liberalisation should be at the top of any government's agenda. It is particularly important during a recession when economic resources need to be...
Philip Booth
26 January 2011
1 comment

As Mervyn King suggested last night, the prospects for living standards in the near future are grim. Higher economic growth will help and the government should therefore pursue policies that...
Philip Booth
18 January 2011
comments

Back in the 1960s, Ronald Reagan famously said there were no easy answers to the U.S.'s then growing problems, but that there were simple answers. In a way, today's Europe may resemble...
Philip Booth
14 January 2011
comments

Another nail was hammered in the coffin of freedom of contract today when the Government confirmed that it was scrapping what it calls the "default retirement age". The "default...
Philip Booth
11 January 2011
5 comments

Nick Clegg today said that he understood bonus anger. I think that any sane person also understands bonus anger. It is therefore incumbent upon politicians to explain patiently, and with sensitivity...
Philip Booth
4 January 2011
3 comments

It is very clear that the government cannot carry on borrowing at current rates and the coalition’s proposals for reducing government borrowing are prudent. However, today’s VAT rise is...
Philip Booth
23 December 2010
comments

Some economists wonder whether we should give Christmas presents. They argue that having other people deciding what we want is not really efficient. There are several counter arguments to this, of...
Philip Booth
17 December 2010
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The Government is pressing ahead with another reorganisation of the National Health Service. It is unlikely this reordering of our essentially bureaucrat-driven model will set the world alight....
Philip Booth
2 December 2010
comments

A few weeks ago, the IEA published an in-depth study of Fair Trade, Fair Trade Without the Froth. The Hilton/Cameron-rebranded Conservative Party likes Fair Trade and there are good reasons why it...
Philip Booth
30 November 2010
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Polly Toynbee has argued recently that the explicit pursuit of wellbeing by government would lead to policy choices that were diametrically opposed to those desired by Cameron and Osborne. In...
Philip Booth
26 November 2010
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David Willetts defended the government’s decision to spend my money finding out what makes me happy in The Times today (subscription required). He said it was not about creating a nanny ...
Philip Booth
23 November 2010
1 comment

Europe is trapped in a cycle where debt is being passed round and round in circles – the banks are bust so the Irish government bails them out; the Irish government’s debt is owned by...
Philip Booth
18 November 2010
3 comments

David Blanchflower has once again suggested that we would not need to worry about austerity if only we allowed price inflation of 5% for a few years. Let us ignore the moral issues of whether...
Philip Booth
15 November 2010
5 comments

Trade economics is a complex subject, especially when you bring in the capital flows side of things. Reflecting on his recent visit to China, David Cameron said that he believed strongly...
Philip Booth
1 November 2010
8 comments

I am coming to the conclusion that the true test of whether somebody is a socialist or not should be whether they believe in permanently turning the clocks forward an hour so that we have...
Philip Booth
27 October 2010
5 comments

The rumoured proposals for a new state pension are straight from the Lib Dem handbook. Clearly, Steve Webb has been given complete control of this aspect of policy and all the old liberal and...
Philip Booth
23 October 2010
1 comment

 
Philip Booth
22 October 2010
2 comments

I must confess to being taken aback by the emphasis in popular comment about the impact of the CSR on the poor. I completely ignored the issue both in my comments on Jeff Randall’s show and in...
Philip Booth
20 October 2010
6 comments

George Osborne has probably done enough to ensure that the public finances are back on track and that the national debt will not run out of control. He has, however, taken only the first step on the...
Philip Booth
8 October 2010
2 comments

Yesterday we had the widely-trailed report on reforming public sector pensions. It has been put to me, including on Radio 5 Live, that now is not the time to reform these schemes. This is true. As...