The Conservative government has strayed so far from the principles on which it was elected that it is scarcely recognisable as the party most people voted for. Its colour on the political spectrum has undergone [more…]
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…]
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…]
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…]
The huge economic harm caused by Covid-19 is seen and experienced clearly and directly on a daily basis. Less obvious is the damage wrought in every welfare-driven democracy whose government finds itself in the dual-role [more…]
Dear Chancellor, Fiscal Discipline The government reaction to the Coronavirus pandemic hypothesis has bordered on hysterical, but we are where we are & the unprecedented national debt is estimated at over two & one half [more…]
“When the tide goes out you discover who’s been swimming naked”. Thus spake the sage of Omaha, Warren Buffet. When government ministers are floundering, manifestly out of their depth, you know, despite all official protestations, [more…]
Those of us struggling to get a grip on Chancellor Sunak’s latest relief-measures should note the terminology. He seeks to revive the Covid-stricken economy with a series of tax “giveaways”. When anyone in government talks [more…]
Lockdown rules have made extensive use of the word “essential” in relation to goods, services, journeys and jobs that may be exempted from lockdown strictures. It sounds like an objective standard, but interpreting it is [more…]
Copyright © 2021 | MH Magazine WordPress Theme by MH Themes