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Philip Booth and Ryan Bourne
9 October 2014
2 comments

The Liberal Democrats have proposed raising the top rate of capital gains tax (CGT) to 35 per cent in order to reduce taxes on the least well off. Go to the back of the class! CGT is a bad tax...
Philip Booth
7 October 2014
1 comment

There is a time and a place for ‘sloganeering’ – the use of casual phrases to communicate complex messages. In my view, ordained ministers of the Church should avoid sloganeering...
Philip Booth
2 October 2014
comments

George Osborne’s conference speech earlier this week brought back memories of a paper that was published by the IEA back in 2011 called Sharing the Burden which caused something of a storm. The...
Philip Booth
19 September 2014
1 comment

In denying the Scots the option of devo-max, David Cameron made arguably the most monumental mistake of any recent premiership. The fairly narrow ‘no’ vote could lead to the worst...
Philip Booth
3 September 2014
3 comments

It is often argued by proponents of free markets – especially within the Conservative Party – that we should not pursue equality of outcomes but, instead, pursue equality of opportunity....
Philip Booth and Kevin Dowd
20 August 2014
comments

Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price volatility, the evidence of a Bitcoin bubble and other problems. Both sides make valid points...
Philip Booth
19 August 2014
3 comments

For the last five years, politicians of all shades have been banging on about how we should adopt this or that aspect of German economic policy. George Osborne argued in 2011: "We want to learn...
Philip Booth
8 August 2014
8 comments

To me, reducing poverty matters very much. That is why I believe in a market economy. However, I am entirely uninterested in the issue of inequality. If you take the position that inequality matters...
Philip Booth
1 August 2014
4 comments

In the last week or two there have been calls for taxes on large supermarkets such as Tesco. Twenty local authorities have asked the government for formal powers to tax retailers and such taxes...
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...
Philip Booth
10 July 2014
5 comments

  Scott Sumner produced an excellent blog post on Piketty recently. It begins by quoting Piketty: ‘In my view, there is absolutely no doubt that the increase of inequality in United States...
Philip Booth
7 July 2014
comments

This book[1] has some interesting conclusions. Like all work in political economy, they are debatable. What is unique about this book is the way in which the author has such intellectual confidence...
Philip Booth and Ryan Bourne
26 June 2014
comments

Yesterday, Labour forced a Commons vote on allowing the Office for Budget Responsibility (OBR) to audit the manifestos of political parties. It followed a letter sent by Ed Balls to George Osborne...
Philip Booth
23 June 2014
3 comments

We seem to think that there is something special about manufacturing. Perhaps it is because its products are tangible. George Osborne has fallen into this trap more than once, most notably in his...
Philip Booth
20 June 2014
comments

There is no shortage of those on both sides of the political spectrum queuing up to excoriate big business. The CPS has recently joined the fray, suggesting that big business tramples on the people....
Philip Booth
4 June 2014
comments

In the Queen’s Speech today, the government is likely to give the go-ahead for large pension schemes along Dutch lines. Such collective defined contribution schemes have many advantages. They...
Philip Booth
23 May 2014
comments

    While the income of a minority is increasing exponentially, that of the majority is crumbling. - Pope Francis We, as the Catholic Church, have to make our voice heard in this regard as...
Philip Booth
22 May 2014
1 comment

Yesterday, Catholic Archbishop George Stack made some remarks about poverty which, like so many remarks made by bishops on the subject, took statistics out of context in order to justify very...
Philip Booth
18 May 2014
comments

According to columnists on the left, Thomas Piketty’s new book, Capital in the Twenty-First Century, has not been adequately answered by those who believe in free-market capitalism. One obvious...
Philip Booth
15 May 2014
5 comments

If somebody were to start an engineering textbook by saying that the maximum theoretical speed of a perfect car was the speed of light and that a car that travelled at any speed lower than that was a...

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