Tuesday 8 October 2024

Why are the Conservatives ignoring the median voter?

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If the candidates for the Tory leadership sound much like ministers in the last year of the Conservative government, it’s because the leader...
Tuesday 1 October 2024

October Budget 5. The UK’s Fiscal rules: one good and one bad

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  On 30th October Rachel Reeves will be setting out her first budget, rather than responding to someone else’s decisions. She will be leadin...
Tuesday 24 September 2024

Why improving health is an excellent investment in the economy

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  Last week the IPPR’s Commission on Health and Prosperity published its final report . The report not only makes a number of important reco...
Tuesday 17 September 2024

October Budget 4 - Good and bad reasons to have fiscal rules, and why bad fiscal rules are worse than having no fiscal rules

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  I was going to write a post about current UK fiscal rules, but judging by comments I get I think I first need to set out why fiscal rules ...
Tuesday 10 September 2024

October Budget 3: In presenting a macroeconomic fiscal stance, Rachel Reeves and Labour need to talk about improving public services rather than book balancing

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  Most of this series will be about the economics behind the budget. So far we have had why tax increases rather than economic growth is h...
Tuesday 3 September 2024

October Budget 2: How much do UK taxes need to rise to end public spending austerity?

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  Austerity is a term used in many different ways, but this post will involve numbers, so I need to be precise about what I mean by ending a...