The Labour Party and LibDems are continuing to push hard for a ‘one-off’ windfall tax on the profits of North Sea oil and gas companies. These businesses are indeed likely to make more money than even they had expected, thanks to the surge in global energy prices. The European Commission has also supported the idea … Continue reading Why Sunak is (still) right to reject a windfall tax on energy companies
Tag: Capitalism
‘Could Covid-19 vanquish neoliberalism?’ – a response to Thomas Fazi
The coronavirus crisis has reinvigorated some old debates about the role of the state and the pros and cons of free-market capitalism. Many of the new contributions from all sides have been insightful and constructive. Some, unfortunately, have not. One of the latter is a recent piece by Thomas Fazi, ‘Could Covid-19 vanquish neoliberalism?’, published … Continue reading ‘Could Covid-19 vanquish neoliberalism?’ – a response to Thomas Fazi
Plain-speaking Economics 