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  • Greece, the EU & NATO

    Greece, the EU & NATO

    Neil Barnett | | Europe
    The election of the leftist Syriza-led government in Greece is potentially a turning point in the history of the EU. The Mexican standoff between Greece and its bailout creditors is just one manifestation of a profound challenge: how does Europe’s political, economic and security architecture withstand the election of a ...
  • Get British energy off the back burner

    Get British energy off the back burner

    Tim Morgan | | Energy
    As shown in a CPS report published yesterday, MPs are again struggling to understand how important it is that Britain remains able to keep the lights on. Now that we're in the election season, it is worth remembering that Labour should have ordered replacement nuclear capacity no later than 1999 ...
  • Risks to Growth: Eurozone, Productivity and Miliband

    Risks to Growth: Eurozone, Productivity and Miliband

    Adam Memon | |
    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 ...
  • Who needs inflation? Enjoy this temporary pause!

    Who needs inflation? Enjoy this temporary pause!

    Andrew Alexander | | Economy
    We have been warned. If we are not careful, inflation could fall further plunging us – horror of horrors! – into a period when the value of the pound in our pocket (or purse) stays stable, in other words no inflation. What is so worrying about that? A lot of ...
  • Why Ukraine matters

    Why Ukraine matters

    Neil Barnett | | Foreign Policy
    After more than a year of the crisis in Ukraine, some people are asking how soon it can be brought to a close and we can return to business as usual with Russia. The French and Italians are both lobbying in Europe for sanctions on Russia to be eased, and ...
  • Spending cuts are still necessary and feasible

    Spending cuts are still necessary and feasible

    Adam Memon | | 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 Labour’s rebuttal dossier

    Some errors in Labour’s rebuttal dossier

    Adam Memon | |
    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: ...
  • How the state promotes unemployment

    How the state promotes unemployment

    The language is appropriately Orwellian. Under the general heading of Employment Safeguards, Westminster churns out rules which any honest person would label Employment Endangerment. Government has made providing jobs yet another hazard for the businessman. He has become all too well aware of the threat. There is always liable to ...
  • New year, old politics, for the Republican-led Congress

    New year, old politics, for the Republican-led Congress

    Hopes are high that a new Republican-led Congress will rein in the profligate spending of the Obama administration; sadly, Cato Institute senior fellow Michael Tanner cautions dialling back expectations,  reporting ‘there are already troubling signs that Republicans are slipping back into their big-spending ways.’  If they want to continue in ...
  • Why the Saudis want the oil price to keep falling

    Why the Saudis want the oil price to keep falling

    Neil Barnett | | Energy
    Since March we have suggested, and then witnessed, a Saudi-US policy of pushing down oil prices to rein in Russia. Nevertheless, Saudi motives in doing this have mystified many observers. On the face of it, this mystery ended on 22nd December when the Saudi oil minister Ali al-Naimi gave a ...
  • Labour's poster is plainly wrong

    Labour's poster is plainly wrong

    Adam Memon | | 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 ...