To Avoid Another Crisis We Must End QE
Economists at big, powerful institutions generally think alike. From HM Treasury to the Bank of England, consensus views dominate. Whether it’s the Organization for Economic Cooperation and Development...
View ArticleFarming And Fishing Can Be Brexit Winners
The UK fishing fleet, around 6,000 vessels, lands some 708,000 tonnes of fish a year, worth almost £800m. The entire industry, including packing and processing, accounts for under 0.1pc of GDP....
View ArticleCan MAGAnomics Deliver For The US?
“The economy, stupid”. It was the campaigning phrase that stuck back in 1992, during Bill Clinton’s successful bid for the White House. Focusing on the economy helped Clinton beat George H.W. Bush in...
View ArticleTime To Inject Some Sense Into Immigration Policy
The Brexit vote was “overwhelmingly” fuelled by “elderly people obsessed with immigration” said Vince Cable in early July, sizing up the job of Liberal Democrat leader. Back in January, though, the...
View ArticleIreland May Fancy Its Chances Outside The EU
The White House is “100 per cent certain” of striking a trade deal with the UK. Having visited Washington last week, International Trade Secretary Liam Fox is basking in President Trump’s prediction of...
View ArticleIgnore The Silly Season – Brexit Is Still On Track
High summer marks ‘the silly season’ in journalistic parlance. Amidst a dearth of news stories, hacks scramble around for material – and much speculative nonsense finds its way into print. We’ve seen...
View ArticleRugged Backdrop Of Jackson Hole Suits Yellen’s Tough Talk
The end of summer, for economists at least, is marked by the Jackson Hole symposium. This annual central banker summit, set in the picturesque Wyoming mountain resort, is generally of interest only to...
View ArticleThe UK Holds All The Cards In This Divorce Bill Row
The EU’s Brexit negotiators were apparently ‘flabbergasted’ after their British counterparts launched a legal critique of the Brexit ‘divorce bill’ last week. UK civil servants spent three hours on a...
View ArticleBrexit Will Speed Up Once Merkel Has Won
Last weekend, Angela Merkel debated her opposite number Martin Schulz on television, ahead of this month’s election. What was billed as a ‘duel’ between the German Chancellor and her Social Democrat...
View ArticlePolitics Always Comes Back To The Economy
Every year, I get heavily involved in the party conference season, speaking at fringe meetings, gossiping with MPs and ministers and generally indulging my appetite for political intrigue. Then, having...
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