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Philip Booth
31 July 2014
4 comments

There is no shortage of concern about the UK’s large balance of payments deficit. Many in the government are trying to solve it by cajoling British companies to export more with lots of new...
G. R. Steele
1 June 2012
comments

Martin Wolf recently committed the Financial Times to a $71.88 lunch-time interview with Paul Krugman. Whatever the quality of the meal, the interview was poor value. Three questions were covered:...
Mark Littlewood
6 July 2011
1 comment

Next week, Conservative MP Sajid Javid will put forward a ‘ten minute rule bill’ to attempt to introduce a legal cap on the size of the net national debt. Although the proposal has no...
Nick Silver
26 April 2011
6 comments

A couple of years ago, in an IEA paper, I suggested that the UK’s public debt was many times larger than the official figure. Following the financial crisis, I recalculated my estimate ...
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...