Uncomfortable though it is to admit, we run our public finances like a Ponzi scheme. The only way out of this mess is to improve our terrible productivity.
Are we being manipulated so that we accept, in due course, a smaller (but still very large) Brexit bill as a “good deal”?
The left cries “Growth not austerity”. Seriously, comrades, if it were that easy, don’t you think someone would have done it by now?
The Labour manifesto isn’t just full of bad ideas, it’s based on dubious or non-existent costings. At least it makes their grassroots happy.
It is incumbent on all of us who have participated in the EU debate, on both sides, to confess to some sins and omissions.
We should take the opportunity to remind ourselves what real progress means and rededicate ourselves to its cause.
Commentators underestimated our growth potential before the referendum – and some are still doing so.
They have the capacity to make a larger contribution to Europe’s defence. They should do so.
Ricardo’s theory of comparative advantage is 200 years old, but still often misunderstood.
The eminent economist voted Remain, but says he sees “a real opportunity to remake Britain”.
Having two major fiscal events a year creates uncertainty and tempts Chancellors to pursue gimmicks.
The engaging, diminutive economist economist died ten years ago today. We still enjoy the fruits of his genius.
“There is no force on earth that brings people together like the voluntary exchange of goods and services.”
A reflection on the provisional results of the 2016 ONS Annual Survey of Hours and Earnings, published today.
The only way to reconcile our different political desires peacefully is through the compromises inherent in representative democracy.