Government and Institutions
Those who voted for Brexit in the 2016 referendum on Britain’s membership of the EU rightly complained about the centralised political structures in Brussels. The slogan was “take back control”. Even for Remain supporters, like me, that was an understandable slogan given the avalanche of regulation that comes from Brussels that affects our daily lives. ... Continue reading
Economic Theory
…continued from Part 2. Stave 4: The Ghost of Socialism Yet to Come Owen woke up again, to the sound of classical music coming from the kitchen. He got up, and went to see what was going on there. It was the old man, who had announced the ghosts a few hours earlier. “You again”, ... Continue reading
Economic Theory
…continued from Part 1 The room went dark. When the lights went back on again, the room had changed. People were much less formally dressed. The men had longer hair. Some of them sported beards. The demographic composition of the audience had changed as well. It was more diverse. Less male, and less white. Judging ... Continue reading
Economic Theory
Stave 1: Hayek’s Ghost At a university debating society event, 2013 “The reason why previous, nominally socialist projects failed…” Owen paused for a moment, for effect, his gaze wandering from the seats on the left to the seats on the right. The audience was eating out of his hand. “…was that their leaders tried to ... Continue reading
Trade, Development, and Immigration
Olly Robbins assertion, slightly embarrassingly overheard and reported by a journalist - that the government is planning to give MPs a choice between voting for the Withdrawal Agreement or facing a lengthy extension of Article 50 - has caused controversy today.  His other comments, that the backstop was intended to be a ‘bridge’, (something that ... Continue reading
Government and Institutions
Brexit has caused some turbulent political times in Westminster, but the hole left by the UK in Brussels will be felt throughout the continent. Putting the tedious fight of Brexit negotiations aside for a moment; what kind of Europe are we going to see develop in the next 10 years, after the UK departs the ... Continue reading
Trade, Development, and Immigration
Last week the City of London held their first attempt at a Burns night supper, with the First Minister and representatives of the Scottish Government as guests of honour. It is a difficult tradition to get wrong. Largely it requires steaming piles of Scotland’s revenge on the sausage, poetry that the English politely pretend to ... Continue reading
Labour Market
When I was growing up, unemployment was the great economic concern of our time. If I'd been born a little earlier, it would have been inflation, but in the 1980s the glowing orange signs of the old Jobcentres were a ubiquitous feature of the television news. And with good reason. In 1984, the unemployment rate ... Continue reading
Energy and Environment
Christian antipathy towards Donald Trump in the hierarchy of the established church is easy to comprehend, although, given Democratic policies on certain issues in the moral-cultural sphere, the Archbishop of Canterbury’s remark that he cannot understand Christian support for Trump is a bit bemusing. The issues most Christians (including Pope Francis) tend to focus on ... Continue reading
Labour Market
The Government’s consultation on ethnic pay gap monitoring closed a couple of weeks ago. We await the findings, but it looks pretty certain, given the submissions I have seen, that we will soon see compulsory reporting. Many of these submissions by businesses and representative bodies support the proposal by Baroness McGregor-Smith, in her 2017 review of ... Continue reading