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Philip Booth
20 April 2011
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The recently published Green Paper on pensions was widely welcomed. Indeed, it contained some reasonable ideas. However, it also contained a proposal to abolish contracting out of state pensions...
Philip Booth
15 April 2011
3 comments

In June 2011 an editorial article appeared in the Royal Economic Society newsletter which seemed to sympathise with attacks on what it called ‘deficit fetishism’. Not quite the legions...
Philip Booth
8 April 2011
1 comment

This is the first of two blog posts that summarise some of the discussion that took place at an IEA seminar on EU competition policy with particular reference to Intel. The next post will deal with...
Philip Booth
5 April 2011
1 comment

Today, Nick Clegg decided to declare war on nepotism. He wants to 'stop a lot of the informal advantages which are helping certain people to hoard opportunities at the exclusion of others...
Philip Booth
30 March 2011
2 comments

A few ears pricked up on budget day when George Osborne announced a surprising and potentially expensive plan to rebuild Britain’s foreign currency reserves. There are two...
Philip Booth
24 March 2011
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The opening and closing remarks of George Osborne’s budget speech did not bode well. He talked about: “a budget for making things”; he wanted a budget that supported manufacturing...
Philip Booth
24 March 2011
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Of all Christ’s teachings as reflected in the gospel accounts, there is none as consistent as his defense of the poor and downtrodden. This teaching applies also to international relations...
Philip Booth
8 March 2011
4 comments

Today's announcement by Iain Duncan Smith that there will be a simple state pension of £140 for all has been widely welcomed. Indeed, the proposals look a little like the...
Philip Booth
3 March 2011
5 comments

This week, Pensions Minister Steve Webb MP described the views of the authors of Sharing the burden - How the older generation should suffer its share of the cuts as “loathsome”. It...
Philip Booth
25 February 2011
2 comments

The government talks a good decentralisation game and, no doubt, there are some good things happening. However, we need more coherence across this field of policy. There are 'easy hits...
Philip Booth
23 February 2011
35 comments

The Comprehensive Spending Review (CSR) was not particularly comprehensive. It will reduce spending as a proportion of national income to the levels we had in 2007 – hardly ambitious. By 2015...
Philip Booth
17 February 2011
7 comments

The government has realised belatedly that it wants to pursue an agenda for  ' growth '. The problem with this sort of language is that it encourages government...
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
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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
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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
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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....