My Blog
Keynesians are wrong: Cutting public spending can boost economic growth
The key aim of George Osborne’s economic policy has been to eliminate the financial deficit of the public sector. The
Response to Cecil the Lion’s death is a sad lesson in the irrationality of public opinion
Alas poor Cecil! Close personal friend of mine, sadly dead now. The catchphrases of the Scottish comedian Bob Doolally capture
Technology is replacing school ties in companies’ battle to keep their employees honest
The activities of the House of Lords are very much in the news at the moment. But the members do
Why cricket is like spam
The holiday season gets into full swing, but a shadow has been cast by the abysmal failure of our boys
Scandinavia provides the evidence for Osborne’s war on welfare
George Osborne’s budget has been met with predictable outrage from the poverty lobby. The cuts to the welfare budget will
Guaranteed bank deposits and the market for lemons
One aspect of the Greek crisis which will affect many readers is the reduction in the amount of cash in
Child poverty is thankfully not rising – but the archaic definition needs to go
David Cameron is feeling the heat. This is not just a consequence of the sudden dramatic rise in London temperatures.
Who plays better poker? Cameron, Sturgeon or Varoufakis?
The gracious Palladian architecture of Edinburgh has often led the city to be described as the Athens of the North.
Supply side success is a cure for the drug of deficit finance
George Osborne’s plan to run financial surpluses and use them to pay off government debt has been met with the
Banks, cancer and Stephen Hawking
Massive fines for banks, gross misbehaviour, huge bonuses for failure, bailouts at vast expense to the taxpayer: it’s little wonder
FIFA, corruption and economic growth
The FIFA arrests have dominated both front and sports pages. We must await the outcomes of the trials before pronouncing
Markets are good, but we need clear signals
Perhaps the most enjoyable aspect of the general election result is the abuse which is now being heaped on the
Opinion Polls, Financial Crashes and Groupthink
The election is done and dusted, but many interesting questions remain. Was there a swing to the Conservatives at the
The Subtle Costs of a Mansion Tax
An exciting email pinged into my inbox at the end of last week. It was a link to the contents
Day care for dogs and the output gap
I am keen on dogs. Recently, I have seen an advert for a special canine toothbrush designed to get rid
Bribing the electorate: new rules of the game thanks to zero inflation
The temptation to believe in the concept of a free lunch is one which has proved irresistible to numerous governments
The 38 per cent tipping point on tax
Ed Miliband’s proposal to tax non-doms more harshly may be good, populist politics. But does it make economic sense? At most,
Capitalism is stable and resilient
The financial crisis did succeed in creating one dynamic new industry. Since the late 2000s, there has been a massive
Why is inflation so low?
Zero inflation is trending. The consumer price index in the UK was at the same level in February as it
Why are crime rates falling?
Economic statistics are the bane of forecasters’ lives. Cynics might say that this is because the data reveal how bad