Uber is good for everyone - unions must leave it alone

The IEA's Director General Mark Littlewood has written The Times Thunderer today on Uber and the news that the GMB union is to take legal action to oblige Uber to categorise its drivers as employees rather than self-employed. 

Mark argues that Uber contributes to an economy in which workers and customers have more power and choice than previous generations could imagine. The GMB seem to be unable to adapt to this new world. 

Read the full article here

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By Ryan Bourne, 29th Jul 2016 ( comments)

Philip Hammond once believed that Keynesian demand management was a fool’s errand. Just two weeks into his job, he is now talking about more spending or tax cuts to see off post-Brexit uncertainty. To be fair, Hammond is only echoing the clarion calls from “the usual suspects”, who demand more spending whatever the political weather. For this group of economists, running a deficit already at 4 per cent of GDP a full eight years after the crisis is no bother. But while the prospect of a catastrophic market reaction to more short-term borrowing is small, a discretionary fiscal stimulus now would be a waste of money and fail to address the UK’s real economic challenges. 

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