Blogs by Adam Memon

Adam  Memon

Adam Memon

Adam joined the Centre for Policy Studies in January 2014, having previously been at the Conservative Research Department.

An arbitrary profit cap won't help the NHS

27 March 2015 - Healthcare

There is a certain irony that Ed Miliband chose the site of the 2012 London Olympics today to condemn the growth of markets and competition in the provision of healthcare in the UK. The Olympics Games, of course, is well known for its lack of competition.Miliband proposed introducing a cap ...


Rejoice, the World is becoming a better place

25 March 2015 -

This article was originally published in KCL's Perspectives magazine. In a recent debate I had on the BBC World Service (CPS, 2015) with David Graeber, the anthropologist who apparently came up with the phrase “We are the 99 percent,” I quoted official figures showing big falls in extreme poverty and rises in life ...


Zero inflation is good news. For now.

24 March 2015 - Economy

Today’s news that inflation has fallen to zero, the lowest since current records began, is good news. This does mean that the UK is now likely to see a period of deflation in the coming months. The closest comparable data suggests that the last time the UK experienced deflation was ...


The red herring of departmental spending cuts

23 March 2015 - Economy

In its latest labour market update, the ONS announced that the UK’s employment rate had reached a record high of 73.3%. This latest statistic reflects the strong performance of the labour market generally with youth unemployment, long term unemployment and part-time employment all on downward trajectories. In addition, the British ...


Britain is Taxed Enough Already

02 March 2015 - Economy

This article is taken from the fortnightly CPS Economic Bulletin. To receive emails from the CPS, subscribe using this form. When the OBR published its Economic and Fiscal Outlook in December last year, it forecast that public spending would reach 35% of GDP by 2020 under the Coalition’s plans. Many condemned ...


There is still slack in the labour market

19 February 2015 - Economy

Yesterday’s labour market figures showed that the employment rate of 16-64 year olds has now reached a record high of 73.2%. This is quite a remarkable achievement and if we’re being picky, it is actually slightly higher than in February 2005 which was the last time it reached this rate ...


Welfare Dependency and the Size of the State

15 February 2015 - Economy

At the Autumn Statement in December last year, the Chancellor outlined his plans to reach an absolute budget surplus by 2018/19. In its latest Economic and Fiscal Outlook, the OBR forecasts that under that plan for deficit reduction, public spending will reach 35.2% of GDP. The Labour party has strongly ...


Miliband wants another tax on pensions

04 February 2015 - Tax

At PMQs today, Ed Miliband attacked the Government for what he described as a tax loophole for hedge funds. This was quite a misleading way to describe a strategic tax cut to boost the investment management industry and ultimately make it easier to generate returns for most people’s pensions. It ...


Yes, the World is becoming a better place

02 February 2015 - Economy

In a recent debate I had with David Graeber, the anthropologist who apparently came up with the phrase “We are the 99 per cent”, I quoted official figures showing big falls in extreme poverty and rises in life expectancy. His response was predictable but nonetheless disappointing. “All these figures are ...


Risks to Growth: Eurozone, Productivity and Miliband

22 January 2015 -

Yesterday’s good labour market figures add to a sense of optimism about growth in 2015. Unemployment fell by 418,000 over the year to reach 5.8%, vacancies grew to 700,000 (the highest since 2001) and nominal wages grew by 1.7%. Meanwhile, E.ON, British Gas and Scottish Power have all announced cuts ...


Spending cuts are still necessary and feasible

15 January 2015 - Economy

Last week, Flip Chart Rick responded to a blog I wrote before Christmas arguing that the spending plans outlined by the OBR and the Chancellor at the Autumn Statement are both necessary and feasible. I argued that debt interest payments are rising too high and that there is still scope ...


Some errors in Labourís rebuttal dossier

13 January 2015 -

Last week’s release of the analysis of Labour spending pledges prompted the party to publish its own document in response. This new document inevitably contains a number of errors. In particular, it repeatedly confuses “millions” for “billions” in its costings on page 14.  Here are a few other examples: Page 1: ...


Labour's poster is plainly wrong

04 January 2015 - Economy

Labour’s new poster which claims that the Conservatives are planning “to cut spending on public services back to the levels of the 1930s” is objectively wrong. The OBR clearly states on page 148 of the Economic and Fiscal Outlook that day-to-day spending on public services in 2019/20 will be at ...


The Green attack on home ownership

19 December 2014 - Public Services

The Green run council in Brighton and Hove has voted to apply for an exemption from the Right to Buy policy. As I argued on the Today programme on Radio 4 this week with Bill Randall, the Chair of the Housing Committee of the council, this would be a terribly ...


3 more charts for Ed Miliband

18 December 2014 - Economy

Last week, Ed Miliband gave a speech outlining his response to the Chancellor’s Autumn Statement. It was an attempt to repair the damage caused by his disastrous conference speech and to reduce the Conservative lead in the polls for economic credibility.In his speech, Miliband accepted that deficit reduction was necessary for economic ...