The debate has come to symbolise much of what differentiates us from the Left: robust policy based on evidence that supports free markets, versus dogma based on statism.
Posts Tagged: investment
Liam Fox: In this new year, let’s resolve to capitalise on the huge trade and investment opportunities of Brexit
The pessimism of some at home is contradicted by the successes of British businesses, and the rising interest in the UK that I see around the world.
In the Financial Times, of all places, it emerges that predictions of Brexit disaster in the City were overblown.
Economically, it could be transformational, as it has been in Norway, which established its fund back in the early 1990s. It is now worth over a trillion dollars.
Nick Herbert: The question isn’t whether aid works. It does. The question is how it can work better.
The challenge for aid donors and recipients alike is to work together to improve its efficiency and effectiveness.
It continues to clear the deficit, prepare for Brexit, and back our businesses with the support they need to boost productivity.
“We’ve got to continue to invest in our productivity and Britain’s future, but we’ve also got to listen to the noise we’re hearing from individuals and organisations about the pressures they’re facing.”
To reduce investment in infrastructure or R&D is to take away from the future – just as surely as running up unsustainable debt does.
No matter the size of the economy, or the early advantages a country might enjoy, the consequences of inaction or an anti-innovation policy platform are disastrous.
The second piece in the author’s series on the coming economic revolution proposes a series of policies to turbo-charge the post-Brexit economy.
Plus: investment increasing, Heseltine declining. Listen to Farage – especially if you disagree with him. And: Activate sounds like dermatological face cream.
We should seek the closest possible relationship with the EU and an open trade policy. Firms need confidence to invest.
Put harshly, it can be the ideology of the free-rider, the citizen who neglects the demands of citizenship.
We should put the proceeds in a special Redistribution Fund to spend either on public services, or on poorer communities, or cutting taxes for the lower paid.
Prospects for the economy 2) Andy Silvester: The fundamentals are strong. But confidence is in shorter supply.
Doomsday predictions remain overblown, but the real, specific concerns of business are worth listening to nonetheless.