I have a comment on the Prime Ministerial pot calling the Opposition kettle economically illiterate over on Independent Voices. Help to Buy is a terrible scheme for creating credit, recycling money in the housing market to create grateful winners who might vote Conservative and disguised losers who don’t know they are losing.
As a footnote, yesterday’s [...]
Roger Bootle, managing director of Capital Economics, on the politics of pointing at things and saying how expensive they are:
If a government really wants to do something to improve the long-term income prospects of its citizens, including the poor, it should concentrate on five difficult things: managing the macro-economy conservatively so as to ensure stability [...]
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