Economics

Time to End ‘High-Cost, Low-Outcome’ Public Sector Model


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In the Media

Christopher Snowdon writes for The Critic

In the Media

Christopher Snowdon quoted in The Independent

Matthew Lesh writes for The Telegraph

IEA Director of Public Policy and Communications Matthew Lesh has written for The Daily Telegraph discussing the need to reform Britain’s stagnant economy after unemployment reached a two-and-a-half year high of 4.4%.

Matthew wrote:

“One part of our economy is booming. If they sold shares – and delivered a profit – financial advisers would recommend “Buy, Buy, Buy”. Who are these lucky few? Employees of the public sector, of course.

“While unemployment ticked up by 138,000 over the three months to April, public sector employment reached the highest levels since 2012. 

“The deeper frustration is that we’re not getting particularly good value for all this additional tax and spend. The NHS epitomises this problem. Not too long ago, it was common to hear the argument that Britain’s healthcare may not shine in performance outcomes, such as keeping people alive, but it did at least cost relatively less than other systems. That’s no longer true. We now pay among the most for healthcare yet continue to receive sub-par service.”

Read Matthew’s full piece here.

Matthew’s piece was also featured on AOL.



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