It’s amazing how bad politics is at economics, isn’t it?
We’ve had a Nobel Laureate in economics, one who gained his NL for his study of taxation systems.
Encouraging small and start-up businesses
One of the problems faced by small and start-up businesses is that they face a body of regulations designed for businesses as a whole, despite the fact that the small ones find it difficult to cope with the cost of compliance.
Aren’t we lucky we’ve Rolls Royce minds in Whitehall guiding the economy for us
No, no, that rumour that the fall of the Wall meant we actually got smoking two strokes instead of purring V8s is untrue.
Markets Over Mandates: How Decentralised Innovation Outpaced State-Led Reform in China
For Britain and much of the West, China is a paradox glimpsed through the looking glass - half miracle, half challenge; a formidable force both admired and misunderstood.
Turning the UK around
I said in my paper ‘Broken Britain’ of November 2024, that most things in the UK don’t work properly.
Here’s why there is no economic growth
Vegan burgers that “bleed” like meat have been blocked from being introduced in Britain for four years because of delays and red tape.
Civil servants and lawyers
The idea that civil servants and lawyers (particularly judges and legal advisors) wield disproportionate power is often voiced in debates about democratic accountability, the rule of law, and the ‘deep state.’
We’re guessing, but it’s very bad - send more money!
Clearly, we’ve got to take all the money off the rich folk and give it to the poorer.
Political U-turns are good, not bad
U-turns are in the news, and are assumed to be a sign of weakness, an ‘embarrassing climb-down,’ and ‘a humiliating defeat.’
To be Cowperthwaitian again
The Food Foundations tells us, via email, that: "The introduction of mandatory reporting by all large food companies, including takeaway chains, on the healthiness of their food sales is a game changer. This
Let’s tax the poor working part time on minimum wage!
We here, along with the lads at the Centre for Policy Studies, spent a decade insisting that the personal allowance for income tax (and national insurance in our case) must be raised.
This isn’t how investment works, no
The thing that really grips our goat here is that idea that an operating subsidy is being called investment.