Boris Johnson, the mayor of London, has unwittingly endorsed my characterisation of him as a new egalitarian in yesterday’s spiked piece. An article in today’s Guardian quotes him as saying “there is too much inequality” and “my speech was actually a warning against letting inequality go unchecked”.
This article first appeared in this week’s Fund Strategy magazine. Even by the standards of a world of confused debates the discussion of energy is spectacularly muddled. While politicians and campaigners bluster about greedy energy companies the central issue, how to bolster supply, receives little attention. Politicians of all stripes are guilty of posturing on [...]
This is the box for my Fund Strategy cover story on Britain’s economic recovery. One of the government’s central commitments when elected into office in 2010 was to rebalance the British economy. This pledge had several elements to it. In his first keynote speech as prime minister the newly elected prime minister David Cameron made [...]
My latest Fund Strategy cover story, published today, looks at the discussion of the British economic recovery. The related graphs and a timeline are available here. Tomorrow I will publish the related box that looks at the discussion of rebalancing. After several years of economic pain the UK economy appears to be enjoying a recovery. [...]
My piece on trends in household income in the advanced economies was published today in the annual world economy survey in the Financial Times. Beyond the truism that financial crises and recessions are painful, the advanced economies have had widely divergent experiences in recent years. This is clear even at the level of economic growth. [...]
The proposed HS2 high speed rail link between London and the north of England provides an object lesson in Britain’s failure to promote economic growth. It shows how politicians of all parties can profess support for economic expansion in good faith only to fail to achieve their stated objectives. In that respect the discussion is [...]
This Fund Strategy cover story on “tapering” – the gradual reduction in monetary support for the economy by America’s Federal Reserve – was first published on 21 August. An accompanying chronology can be found here. Are central bankers preparing to turn down the money tap? The pronouncements by Ben Bernanke, the chairman of America’s Federal [...]
My latest spiked article is a critique of the bank bashers: from David Cameron to UK Uncut: The full text is below. There is at least one area where mainstream politicians can legitimately claim considerable success: they have offloaded much of the blame for the economic crisis from themselves and on to banks and other [...]
This is my latest cover story for Fund Strategy magazine. It is written mainly from the perspective of British taxpayers and investors. I hope to write a more political article covering some of the same themes before too long. Until recently investors could make a cardinal distinction between tax evasion and tax avoidance. Evasion was, by definition, [...]
Jacob Hacker of Yale attempts to explain the sometimes bewildering concept of predistribution on this BBC Radio 4 Analysis programme. I ask a question at about 14 minutes.
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