Interestingly, Pope Francis has talked about distributive justice in an intergenerational context in relation to climate change. The argument is … Continue reading “Can government debt be justified? Distributive justice, intergenerational equity and Catholic social teaching”

Better late than never, as they say. New data shows that the Conservative government has finally hit its original target … Continue reading “The chancellor shouldn’t turn on the spending taps”

So much for US Republicans starving the government beast. When the party’s major tax reform package passed in December, Democrats … Continue reading “US Republicans have given up any pretence of fiscal conservatism”

Jeremy Corbyn’s BBC interview with Andrew Neil last week caught the headlines for its discussion of the Labour leader’s views … Continue reading “What Jeremy Corbyn doesn’t know about government debt”

The launches of the Conservative manifesto and Donald Trump’s first budget could not have been more different in tone. Theresa … Continue reading “Fiscal restraint is dead – on both sides of the Pond”

Chancellor Philip Hammond will take to the despatch box today to deliver his Budget. The media will pore over the … Continue reading “The US and UK are failing to confront the long-term drivers of explosive debt growth”

Pragmatism was the order of the day at Conservative Party conference today – especially from the Chancellor of the Exchequer, … Continue reading “Hammond ditches the good bits, and keeps the bad bits of ‘Osbornomics’”

I once asked one of Margaret Thatcher’s senior advisers whether her governments had been “too obsessed with economics”. “Economics,” he … Continue reading “The four huge economic challenges that will define the coming years”

This video explain the six crucial economic issues that the government, however it is made up, will have to face … Continue reading “Six Questions the next Government must answer”