Monthly Archives: May 2012

It’s official: the Budget was a disaster

When George Osborne launched his 2012 Budget, I was one of a minority of people to praise it.  I admired the boldness of his move on the top rate of income tax, even if I did not approve of it. … Continue reading

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Murchoch and BSkyB: Hunt isn’t the issue. It’s Cameron

The Culture Secretary is in a tight political spot.  He showed overt political support for Rupert Murdoch’s News International media empire, and especially its attempt to consolidate its hold in the highly successful British satellite broadcasting business BSkyB.  Today was … Continue reading

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The Guardian’s bubble – the view from my bubble

It’s nearly a cliché, but it still resonates with me.  People accuse each other of living in “bubbles” – and when they do so, the accusation usually has bight.  But the people who make the accusation are merely living in … Continue reading

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Translating that IMF report into English: the blindness of macroeconomists

Yesterday the IMF released one of its regular reviews (“Article IV consultations”) on the UK economy.  Both government and opposition seized on it to reinforce their narratives.  But for observers trying to make sense of these claims by reading what … Continue reading

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Europe and the US: the tortoise and the hare

Comparing the European economy to that of the US reminds me of Aesop’s fable of the race between the tortoise and the hare.  The US’s flexible labour and product markets, and decisive interventions in time of crisis, give it the … Continue reading

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The Tories are living up to their “Stupid Party” label.

As I posted yesterday, the recent local elections were bad for the Liberal Democrats, the party for whom I am an activist.  But if there’s any cheer to be had, it comes from looking at the behaviour of the other … Continue reading

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London elections – the Libs Dems need to rally the base

After the Lib Dems shocked the world by going into coalition with the Conservatives in 2010, plenty of commentators threatened the party with oblivion.  At first glance this week’s results in the local and London elections show this prediction to … Continue reading

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Posted in Politics UK | Tagged , , , | 11 Comments