Here are the slides from a presentations I gave last week to A-level students of economics, politics and business studies... the-economics-of-free-trade-and-inequality-29-june-2022Download
Category: Politics
How the Remainer media get Brexit wrong – and why this matters
It has taken six years since the vote to the leave the EU, but I have finally lost the last of my patience with how (most of) the press is covering the economic impact of Brexit. Here are three of many examples from the last few days alone. First, on Thursday the ONS published new … Continue reading How the Remainer media get Brexit wrong – and why this matters
Is the Treasury ‘crying wolf’ over the debt interest bill?
The latest data on the UK’s public finances have provided more ammunition for those arguing that the government cannot afford to cut taxes. However, the economic reality is far more nuanced – especially when it comes to debt interest payments. The bad news is that the government borrowed another £14.0 billion in May, £3.7bn more … Continue reading Is the Treasury ‘crying wolf’ over the debt interest bill?
No, sterling is still in no danger of becoming an ‘emerging market currency’
Every now and again someone – often Kamal Sharma from Bank of America (BofA) – warns that sterling is at risk of being downgraded to ‘emerging market’ status. This is lapped up and gleefully retweeted by anyone with an axe to grind against Brexit, or Boris Johnson.,, However, as Sharma himself rightly said in his … Continue reading No, sterling is still in no danger of becoming an ‘emerging market currency’
Plain-speaking Economics 