Our current inflation is caused both by post-Covid shortages and a huge expansion in the money supply. Large pay increases would make it worse.
As the man himself famously did not say: “When the facts change, I find new reasons to advocate for stimulus packages.”
I would hope it has researched which areas of expenditure have the largest spending multiplier effects.
Could more spending bring the economy back quicker? Wouldn’t it be more cost-effective to ensure public finances are on a sustainable footing?
I was regaled with horror story after story on access to even existing testing. Confidence in the “moonshot” is non-existent.
Precisely what does Johnson think was wrong with the 2010-2018 deficit reduction agenda? Who knows? The Tories don’t have a clear economic story.
It is not so much like a parent or a nanny as a brother. Not Big Brother, to be sure, but Little Brother – to be treated both with sibling rivalry and understated love.
The second in our series of pieces on economic policy after the referendum decision.
It’s the debt-to-GDP ratio that counts when it comes to assessments of national solvency
Britain finds herself between a ‘Keynesian’ America and a ‘Monetarist’ EU – but is doing better than both of them
The art world should be grateful for politicians who don’t take too close an interest in culture
The 60th anniversary of this composite figure provides an opportunity to lay him to rest.
Roaring inflation requires learning the lessons of the roaring 1920s.