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HM Treasury

Economics

Characteristics of Government Today

9th May 2023 Emile Woolf 2419 Comments

Two hundred years ago Lord Macauley wrote “the measure of a man’s real character is what he would do if he knew he would never be found out”. This intriguing insight is as  true of [more…]

Emile Woolf, Going Postal
Economics

Growth is the antidote to stagnation – but it requires knowledge and leadership

30th January 2023 Emile Woolf 1593 Comments

By now even Treasury officials and central banks recognise that their practice of Quantitative Easing has run its course. In its contemporary form, QE began a dozen years ago as a temporary emergency measure enacted [more…]

Economics

The Public are Waking up to the Evils of Inertial Manipulation

15th November 2021 Emile Woolf 2879 Comments

With prices increasing rapidly across a wide range of materials, goods and products, especially basics like foodstuffs and energy, it is astonishing that what citizens now encounter every day is so persistently, and perversely, denied [more…]

Economics

Designing Tax Policy – it should be obvious!

24th May 2021 Emile Woolf 2153 Comments

A well-designed tax policy would extract from citizens’ wealth what’s needed by the government to protect their lives and civil liberties. It would not be designed to achieve purely political objectives, no matter how dressed [more…]

Emile Woolf, Going Postal
Economics

Government’s Wayward Spending – It’s Our Money!

3rd May 2021 Emile Woolf 2744 Comments

Expenditure by “Big-government” is not readily susceptible to economic calculation. Therefore it’s impossible to know whether citizens would support central or local spending proposals – and they are never consulted anyway. The result is often [more…]

Business

Growth? Not in this Budget

10th March 2021 Emile Woolf 2099 Comments

We have just endured yet another March Budget in which the Chancellor sets out his strategy for balancing the nation’s expenditure plans with its available resources, principally from taxation. They are, of course, his spending [more…]

Emile Woolf, Going Postal
Business

Post Covid Conjectures

18th February 2021 Emile Woolf 2435 Comments

While speculation is rife about what the post-Covid economy will look like, we must remember that economic fundamentals are not susceptible to alteration. They may adapt to changed circumstances, but no external modifications in society [more…]

Economics

How the Crisis Unfolds

23rd November 2020 Emile Woolf 2555 Comments

Economically speaking, we are in a pickle. The blame-game is in full flow in its search for scapegoats. The most obvious culprit is, of course, the Covid virus, but it would be a huge mistake [more…]

Emile Woolf, Going Postal
Business

Macroeconomics? The highway to collectivism

15th June 2020 Emile Woolf 2197 Comments

It is noticeable that the Covid-inspired devastation has brought out a sizeable crop of (apparently) sane economists who claim that we should stop worrying because it’s all OK, really. The Treasury should carry on printing [more…]

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Elsewhere on GP

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