On Wednesday (25th) the Chancellor will announce the results of a one-year Spending Review, setting departmental limits for 2021-22. This will not be a full Budget – let alone a multi-year programme of tax increases or spending cuts. But there is still a huge amount of (mostly unhelpful) speculation about what might be in it, … Continue reading The Chancellor should continue to let the deficit take the strain
Tag: productivity
Book review: “The Elephant in the Room” by John Mills
John Mills’ new book, The Elephant in the Room (published by Civitas and the John Mills Institute for Prosperity), leads with a dire warning that UK living standards may be lower in 2030 than in 2019, but counters this with the bold claim that the economy could grow sustainably by 3% to 4% a year instead, if … Continue reading Book review: “The Elephant in the Room” by John Mills
The Economics of Covid
Here’s a presentation I gave on 4th November (to teachers of A-level economics) on the economics of Covid and the appropriate fiscal and monetary responses to a pandemic... economics-of-covid-4-november-2020Download
Fiscal and monetary policies in a time of Covid
Here’s a presentation I gave on 19th October (to A-level economics and business students) on fiscal and monetary policies in the UK, covering topics such as the impact of Covid on the public finances, whether taxes will have to rise to pay for it, whether the BoE should ease further, the pros and cons of … Continue reading Fiscal and monetary policies in a time of Covid
