Labour’s rejection of conventional economic theory ignores important insights
One of the first tasks facing whoever becomes chancellor after the General Election will be choosing the next governor of the Bank of England. Getting to make this choice would be a key step in the plans of Labour’s shadow chancellor John McDonnell to shake up the Bank of England, but his radicalism is not […]
Why we are much better off than the official statistics say
The oldest surviving map of Britain was created in Canterbury a thousand years ago. Our ancestors had a good idea of how to get around. The country is depicted in its familiar shape. Understanding of the world outside Western Europe remained sketchy for centuries. The phrase ‘here be dragons’ was allegedly used to conceal ignorance […]
Frangleterre… Labour Mobility undermines Tax and Spend regimes
Pimlico Plumbers will be a familiar brand to many readers – it has a prominent advert on the approach into Waterloo station. But the company is now calling for plumbers who are fluent in both English and French, and says applicants will be interviewed by a native French speaker. This is just the tip of […]
Corporation tax: fostering the illusions of the electorate that someone else will pay
Corporation tax is very much in the news. Starbucks is merely the latest to be in the spotlight, having paid no corporation tax on more than £1billion of sales in the past three years. This became noteworthy when the Prime Minister himself declared he was unhappy with the level of tax avoidance by big corporations working […]
