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Adam Lyons
25 May 2010
8 comments

“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” This is the...
Adam Lyons
24 May 2010
8 comments

It appears that the new coalition government remains committed to increasing the rate of Capital Gains Tax (CGT) to a level in line with income tax. There are many reasons why...
Kristian Niemietz
21 May 2010
7 comments

Once upon a time, an old Nordic legend tells, there lived a princess in Burgundy who owned a huge treasure of gold. One night the treacherous Hagen von Tronje, an advisor to the king, broke into the...
Philip Booth
19 May 2010
1 comment

Organising a coalition agreement is never easy. There has to be give and take on both sides. However, the Conservatives have made a big mistake in accepting some aspects of Lib Dem tax policy...
D. R. Myddelton
18 May 2010
comments

The new Chancellor of the Exchequer’s proposal to set up an independent Office for Budget Responsibility sounds like a good idea. But how sad that government ministers cannot be trusted...
Kristian Niemietz
14 May 2010
5 comments

It is easy to be pessimistic about Britain’s future economic prospects. The Lib-Con coalition agreement contains policies which are troubling. Indeed, there is a danger the...
Daniel J. Mitchell
13 May 2010
2 comments

[Editor's note: the draft coalition agreement between the Conservatives and the Liberal Democrats includes a commitment to increase Capital Gains Tax on "non-business assets".]...
Richard Wellings
12 May 2010
14 comments

The Conservatives have abandoned their manifesto commitment to raise the Inheritance Tax threshold as part of the coalition deal with the Liberal Democrats. This his highly regrettable....
Charles K. Rowley
8 May 2010
7 comments

Indecisive outcomes are periodic features of the Westminster model, even though the plurality (first-past-the-post) system is custom-made to secure a single-party majority. Hung parliaments occurred...
Mark Littlewood
6 May 2010
3 comments

The next government of the United Kingdom will have to depart wildly from its manifesto commitments in order to rebuild the nation’s finances. In the closing stages of the election campaign,...
Philip Booth
4 May 2010
4 comments

 
D. R. Myddelton
30 April 2010
6 comments

My expectations of politicians, those “insidious and crafty animals”, are low. (Like Hayek, I find that over the course of a long life they have steadily gone down.) But in this general...
Philip Booth
28 April 2010
2 comments

. It is rather difficult to redistribute that burden because marginal rates are so high right across the board it is difficult to see that they can be increased for any group. Some of the Lib Dems...
Terry Arthur
23 April 2010
4 comments

The election campaign should be bringing on another Great Depression in the minds of all taxpayers. This morning Gordon Brown continued his daily rant at the Tories for promising to...
John Meadowcroft
22 April 2010
9 comments

Political commentators are currently expending much energy trying to explain (what we might call) the Nick Clegg phenomenon – including one contribution to this blog already. Policy analysis...
Peter King
20 April 2010
12 comments

George Akerlof and Robert Shiller, in their recent book Animal Spirits, argued that economists tend to focus on what is seen as a departure from the accepted model or norm rather than focusing on...
Andrew Melnyk
19 April 2010
6 comments

Several newspapers (e.g. the Guardian and the Telegraph) have recently carried obituaries of the English philosopher Antony Flew. These obituaries have emphasized the remarkable change of mind by...
Philip Booth
15 April 2010
8 comments

Now all three major parties have launched their manifestos it’s clear that no one is being honest about the true state of the country’s finances. The Conservative manifesto is scarcely...
Philip Booth
14 April 2010
4 comments

One obvious place to look for big society initiatives in the Conservative manifesto was the section on sport. This does not bode well. We seem to have a simple playing to the gallery with “big...
Kristian Niemietz
13 April 2010
11 comments

The Economist has repeatedly criticised the Conservative Party’s proposal to permit married couples to pool their income tax allowances. The plan would benefit single-breadwinner families...