Tuesday, 30 May 2023

Why the Conservative stance on immigration made a Hard Brexit inevitable

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  In a recent post I discussed the UKIP insurgency, and argued that its main source was a contradiction within the strategy of the Conserva...
6 comments:
Tuesday, 23 May 2023

New fiscal rules in the Eurozone, but unwarranted lack of national sovereignty persists

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  The EU Commission has put forward proposals for the next version of fiscal rules for the Eurozone, and these have now been agreed with som...
1 comment:
Tuesday, 16 May 2023

Why is there asymmetry in how insurgent political voices on the left and right are treated by the two main parties in the UK?

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  The attitude of the two main parties to those further to the right (for the Conservatives) or the left (for Labour) is very different. In ...
3 comments:
Tuesday, 9 May 2023

The Tyranny of Nostalgia

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  Russell Jones has written a history of the UK economy since the 1970s, and as narratives go this is very good. While I inevitably had min...
4 comments:
Tuesday, 2 May 2023

Why deteriorating healthcare is a macroeconomic issue

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  “Healthy People, Prosperous Lives” is the first interim repor t of the IPPR’s Commission on Health and Prosperity. (I am a member.of the C...
1 comment:
Tuesday, 25 April 2023

Which OECD country is the highest social spender?

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  Before answering this question, we need to define what the OECD counts as social expenditure. It is mainly a combination of what we call w...
3 comments:
Tuesday, 18 April 2023

Why fiscal consolidations (spending cuts or tax increases) don't reduce debt to GDP ratios, and why politicians continue to tighten at the wrong time

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  The claim often made for fiscal consolidations (cuts in public spending or increases in taxes) is that they are required to reduce the rat...