mainly macro
Comment on macroeconomic issues
Tuesday 19 March 2024
Detoxifying government debt, part 4. Labour’s inheritance
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The Labour party has for a long time been fearful about high government borrowing to fund additional public investment. It didn’t start wi...
Tuesday 12 March 2024
On maxing out credit cards and magic money trees
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“When you repeat a lie, you spread it. When you spread a lie, you strengthen it. When you strengthen a lie, you become an accomplice t...
Thursday 7 March 2024
How 14 years have shown the impossibility of shrinking the UK state
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The Budget was predictable, and predictably boring. Hunt cut taxes, but the tax burden is still rising because of the tax increases alread...
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