Precaution is a useful thing, but designing policy based on maybes is a dangerous road
It is is so familiar, the script almost writes itself. Health professionals start to call for more restrictive measures at the slightest whiff of bad news. The government initially dismisses the concerns. Gradually, ministers – many of them almost wholly innumerate – are beaten into submission by projections of what might happen. If we were […]
The impasse on climate change is as clogged up as our petrol-packed roads
Boris Johnson is usually a superb communicator. But after the last few days of the G20 and Cop26, he is not currently on his best of form. First of all, we have the farce of world leaders first gathering in Rome and then flying to Glasgow. For a summit on climate change and curbing emissions. […]
Bail outs for businesses in strife only gloss over the truth, it’s time to face reality
The price of both oil and gas has doubled across the world in the last year. The price of crude oil is at $84 a barrel for the first time in three years. As a result, fuel of every kind, for every purpose has become more expensive. The public has reacted in the most extraordinary […]
Hikes to national insurance funds a level of public services we can’t afford
The government’s plan to increase National Insurance has sparked the predictable furore. The pressures to raise taxes to pay for the level of public services the electorate have come to expect is hardly new. The welfare state was created immediately after the Second World War. For a time, the financial demands were held in check. […]
Embracing uncertainty is the only path out of the pandemic
A few days ago, Sajid Javid made one of the most thoughtful and encouraging statements by a government minister during the whole Covid crisis. Early In July, he seemed to be falling under the control of the modellers. The number of daily infections, he stated confidently, would soon reach 100,000, bowing to the so-called experts. […]
To face mask or not to face mask? Covid etiquette is an experiment in human behaviour
To mask or not to mask? Along with scores of other things we never would have anticipated, whether or not to cover up our nose and mouth is the latest thorny issue in Covid etiquette. The answer from Boris Johnson is clear: in public spaces such as transport, bars, restaurants or other busy indoor places, […]
Boris Johnson has sown dangerous ambiguity over Covid rules with mixed messaging for Freedom Day
Sixty years ago, Daniel Ellsberg, as a graduate student at Harvard, wrote a now-seminal paper on behavioural economics. The conclusions of “Risk, ambiguity and the Savage axioms” pose a fundamental challenge to the conventional economic model of rational choice, as well as the Government’s current Covid strategy. Despite its seemingly esoteric nature, an experiment carried […]
Rishi Sunak vs Boris Johnson: to spend or not to spend?
Rishi Sunak has directed his energy into recasting the Treasury back to its traditional role – the guardian of the public finances. The Chancellor notched up a substantial victory after education recovery tsar, Kevan Collins, resigned earlier this month, after his demand for £15 billion for catch-up programmes in schools was beaten down to a […]
Boris Johnson’s political capital to extend Covid restrictions is waning as more Brits are vaccinated
Millions of Britons piled into social gatherings up and down the country to watch our boys notch up a notable triumph over the Croatian football team on Sunday. We will never know for sure how many of these were compliant with the current Covid regulations, but it is a fair bet that a sizeable minority […]
Student loans perpetuate a broken financial system, it’s time for them to go
Whitehall is preparing for a major tussle over student loans, with the Treasury increasingly concerned about the growing burden and its impact on the nation’s finances. The principle of a student loan seems simple: take one out to cover the cost of your time at university and pay it back when you start to earn […]
