Summary Over the past quarter-century, as the tax burden has risen, so too has the structure of the tax system … Continue reading “The Great Stagnation Briefing 5: Tax”

Summary Energy is a fundamental input into a modern economy. There are no rich countries which have low levels of … Continue reading “The Great Stagnation Briefing 4: Energy”

Summary Successive governments have acknowledged that a lack of modern infrastructure is a significant impediment to economic growth in Britain. … Continue reading “The Great Stagnation Briefing 3: Infrastructure”

Summary Britain is not much richer today in real per-capita terms than it was in 2007: we have experienced nearly … Continue reading “The Great Stagnation Briefing 2: Buildings: In defence of stupid growth”

Summary The UK is now around 40% poorer per person than the US, having been on course for near economic … Continue reading “Great Stagnation Briefing 1: The Never-Ending Credit Crunch”

“Laws are like sausages. It is better not to see them being made.” – Attributed to Otto von Bismarck SUMMARY … Continue reading “Inside the Sausage Factory”

“All over the world, we face many serious economic and social challenges. Apart from the immediate effects of cycles of … Continue reading “Evolutionary Economics”

The case against the wealth tax, and suggestions for alternatives Download Summary Wealth taxes have been tried many times. In … Continue reading “Fool’s Gold”

Summary Britain is experiencing a prolonged period of economic stagnation, if not decline. Most people believe living standards have declined … Continue reading “A Growth Mindset?”