Solving immigration is a question of economics
Across Europe and the USA, immigration is the hottest of political topics. How many immigrants is too many? Who should be allowed in and who should be turned away? How far does our obligation to help refugees actually go? But underlying the often heated discussion lies the fact that many Western economies have become dependent on immigration. In many [...]
Putting the BHS pension deficit into perspective
The row about failed UK high street retailer BHS’s £572 million pensions deficit escalated in the past week, with former owner Sir Philip Green and House of Commons Work [...]
A new challenge for the Fed: try talking up those GDP figures
On Friday we had the Q2 GDP figure from the US. Not only did it come in way below expectations @ 1.2% annualized, Q1 was adjusted down to 0.8%, the fourth quarter in a row [...]
Brexit: sorry unions fear flexibility
The left and the unions are concerned. Brexit will force a reconsideration of the EU rules and regulations that are not written into UK law, as they would cease to be enforced [...]
Obama has shown us the real reason why Trump is dangerous
After last week’s Republican convention, it is now clear that Donald Trump will be the Republican candidate for president of the United States. Trump is derided by the [...]
Six things wrong with government regulation
Government regulation, it is popular to think, is necessary to prevent greedy capitalists from exploiting the ignorance of consumers by cutting corners and providing [...]
New PM, more of the same
Theresa May is set to be our next Prime Minister, and after Brexit there is a real opportunity for a new agenda, one our new leader hasn’t wasted any time in showing she is [...]
Brexit, Osborne and the BoE: inconvenient rules and convenient excuses
George Osborne, the Chancellor, had staked his reputation on returning the UK economy to health after the financial crisis. In doing so he imposed several fiscal rules on [...]
Try serving the people, not the institution
The President of the European Council, Donald Tusk, expressed the view of the EU elite when he said that there is no ‘single market a la carte’ available to the UK – [...]
Brexit: A lesson in the flaws of Democracy
The UK has voted to leave the EU. More precisely, a little over half of voters have voted to leave the EU. But the losing side is crying foul play. A petition to hold a new [...]
A few lessons from the Brexit vote
The architects of the European Union clearly viewed it as a political Hotel California, where once you joined there was no checking out. Before the Lisbon Treaty came into [...]