Centreforum has produced a new report taking a slide-rule over the economic assumptions of the Conservatives: can Britain really grow through a fierce assault on the fiscal deficit? Have investments and exports ever done this before? What are the consequences of failure here? Answer: extremely serious
Archive for October, 2009
29 Oct
Money supply confusion again?
Once again the money numbers suggest wildly differing interpretations – indicating that the Bank is riding a beast it can’t fully understand. And someone in the FT calls for rates to go UP to stimulate the markets. I don’t get it.
28 Oct
Good stuff for the 28th October
Alastair Campbell increases the pressure on Osborne. Simon Jenkins makes more economic errors in one column than I thought possible.
28 Oct
And the prize for the worst economic advice of the day goes to . ..
Bloomberg news find almost the worst possible economic advice for the UK. John Kay’ss recipe for narrow banking is smacked down by Goodhart, and me a few weeks before
27 Oct
Civitas event
The Civitas discussion of ‘A balancing act’ was, well, fun. Nothing like the “thrown to the monetarist wolves” experience I had feared.
27 Oct
Luis Enrique asks the right question
It is ludicrous and insulting to compare the decision Blair made to join the American invasion of Iraq with the deliberate policy of ethnic cleansing of Karadzic
27 Oct
Two absolutely must-reads for you economic afficanodo’s out there
Willem Buiter explains the fiscal position, the causes of the crisis, the greatness of the Mansion Tax, why higher education can take more of the fiscal strain . .. meanwhile Adam Posen’s first major speech from his MPC role is a gem, adding yet more layers to the argument about how QE works.
26 Oct
This deserves an entire new post
Congratulations to Mark Littlewood – does this mean that a Liberal Democrat is now in charge of the most famous free market think tank of all?
26 Oct
How seriously to take the ONS figures?
The GDP figures are occasion for some overreaction: but don’t expect exports to drag us out of this one any time soon – if you look at academic papers on this.
24 Oct
For Tim, and others
By my reckoning, the net export gap WILL improve if we crunch the UK’s consumption (i.e tax and cut benefits till everyone below the 9th percentile feels like s__T). But it won’t be enough, and the early indications are that net exports are not responding ENOUGH.
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