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Blogs in Economy

  • The Coalition's taxes and the need for supply-side reform

    The Coalition's taxes and the need for supply-side reform

    Lewis Brown | | Economy
    Earlier this week, our friends at the Taxpayers’ Alliance revealed that the Coalition has been responsible for a net 180 tax rises since it came to power.This breaks down to:299 separate tax rises already implemented or planned before May 2015.Of this, 254 separate tax rises have already been implemented since ...
  • Professor James Buchanan and a 'fiscal constitution'

    Professor James Buchanan and a 'fiscal constitution'

    Professor Deepak Lal | | Economy
    Two weeks ago yet another great economist, Nobel laureate and friend, James M Buchanan, was gathered by the Grim Reaper. I got to know him in the mid-1980s when I was the Research Administrator at the World Bank, and he and his long-time collaborator Gordon Tullock got in touch after ...
  • Some thoughts on the speech...Sir Mervyn King's speech

    Some thoughts on the speech...Sir Mervyn King's speech

    Ryan Bourne | | Economy
    Everyone’s talking about the speech. David Cameron’s speech, that is. But last night the Governor of the Bank of England Sir Mervyn King also made one in Northern Ireland – his final regional speech as Governor of the Bank.  And it was an interesting, if confusing, speech which really did ...
  • Britain’s public net debt has doubled since the fall of Lehman Brothers

    Britain’s public net debt has doubled since the fall of Lehman Brothers

    Ryan Bourne | | Economy
    The ONS did not deliver the Chancellor a Happy New Year this morning, as the headlines from today’s public finance figures show how difficult the Government is finding it to get borrowing under control. Public sector net borrowing was £15.4 billion in December 2012, higher than December 2011’s £14.8 billion. ...
  • Shale gas and Pax Americana

    Shale gas and Pax Americana

    Professor Deepak Lal | | Economy
    The geostrategic implications of the shale gas revolution invalidate predictions of the death of American-style capitalism, says Deepak Lal writing in The Business Standard.Within five years of the United States being written off as a declining economic and imperial power, the shale gas revolution it has pioneered provides it with ...
  • Is it time to re-introduce the 10p income tax band?

    Is it time to re-introduce the 10p income tax band?

    Ryan Bourne | | Economy
    “I repeated in the last Budget that we would introduce the 10p starting rate when it was prudent to do so. However, I have to tell the House that this 10p rate will not start in April 2000, like other income tax changes we are making today. It is prudent, ...
  • Paul Krugman for US Treasury Secretary?

    Paul Krugman for US Treasury Secretary?

    Ryan Bourne | | Economy
    Vuk Vukovic reminds us, over at the Adam Smith Institute website, of Paul Krugman's desired policy response following the 2001 recession in the States:The basic point is that the recession of 2001 wasn't a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by ...
  • Thatcher’s lessons forgotten

    Thatcher’s lessons forgotten

    Vuk Vukovic | | Economy
    Vuk Vukovic, lecturer of Political Economy and Principles of Economics at the Department of Economics, Zagreb School of Economics and Management (ZSEM), writes on Margaret Thatcher's role in the specialisation of the UK workforce and its benefits, and points out her successors failed to understand the lessons she provided. Many leftists in the ...
  • Missing: an appreciation of marginal tax rates. Reward: better growth prospects

    Missing: an appreciation of marginal tax rates. Reward: better growth prospects

    Ryan Bourne | | Economy
    Today marks the implementation of changes to child benefit payments, such that for the first time the benefit will lose its universality. The Government has used the persuasive argument that, given all benefit spending has to be raised from somewhere, it makes little sense for wealthier households to receive state ...
  • 11 Reasons to be Full of Festive Cheer

    11 Reasons to be Full of Festive Cheer

    Ryan Bourne | | Economy
    This article is an excerpt from our Growth Bulletin, authored by Ryan Bourne and Tim Knox. To read the full article, click here. To sign up for our mailings, use the form on the left of our newsletter page. “There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder.” At the Centre for ...
  • The Depardieu Lounge… France’s wealth exodus has begun and we must take note

    The Depardieu Lounge… France’s wealth exodus has begun and we must take note

    Lewis Brown | | Economy
    One of France’s most recognisable actors, Gérard Depardieu, has left his mother country for new dwellings. No, he’s not off to marry Andie McDowell to get an American Green Card, this is real life and the Cyrano de Bergerac actor has moved to a Belgian town 800 metres from the ...
  • Canada’s Tiny Perfect Central Banker

    Canada’s Tiny Perfect Central Banker

    Philip Cross | | Economy
    Philip Cross, Research Coordinator at the Macdonald-Laurier Institute and the former Chief Economic Analyst at Statistics Canada, follows up his blog on the legacy of Mark Carney in Canada with an in-depth examination of his reputation as the 'perfect' central banker.     The best friend of the victorious Roman generals ...
  • Technology – a friend or foe?

    Technology – a friend or foe?

    Vuk Vukovic | | Economy
    Vuk Vukovic, lecturer of Political Economy and Principles of Economics at the Department of Economics, Zagreb School of Economics and Management (ZSEM), writes on the impact of technology on labour. Ever since Ned Ludd and the Luddites, and their 19th century “rage against the machine”, there has been a persistent notion that technological ...
  • More Barber than Howe?

    More Barber than Howe?

    Tim Knox | | Economy
    This article is an excerpt from our Growth Bulletin, authored by Ryan Bourne and Tim Knox. To read the full article, click here. To sign up for our mailings, use the form on the left of our newsletter page. After two and a half years in office, Mrs Thatcher’s government had abolished exchange ...
  • Just 6% of the public realise debt is ballooning in this Parliament

    Just 6% of the public realise debt is ballooning in this Parliament

    Ryan Bourne | | Economy
    Remember our Distorted Debate paper from earlier this year? In it we reported some remarkable polling which we'd undertaken with ComRes. It was interesting in that it asked people what they thought the Coalition planned to do to the national debt, as opposed to asking their opinion on some policy ...