Tag: public debt

The Economics of Covid and Brexit

Here's an online presentation I gave today (15th January) to A-level students of economics and politics, and their teachers. On Covid, topics include: why might state intervention be needed? should we put a price on a human life? why has UK GDP been hit relatively hard? what will be the long-term economic impacts? how much … Continue reading The Economics of Covid and Brexit

Why we don’t need tax rises to pay for Covid

How deep a hole are we in? The Institute of Economic Affairs has just published a primer I’ve written on the state of the public finances, which digs into this question. On the bright side, I argue that there is no need for any form of austerity, including tax rises, to fill a gap left … Continue reading Why we don’t need tax rises to pay for Covid

The Chancellor should continue to let the deficit take the strain

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

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