Here’s one worthy of BBC radio 4’s “More or Less”. According to the Coalition government they “reduced the deficit by 25%” – this mantra has been repeated over and over again by Ministers. But is it true?
Dave says we’re headed in the right direction, what do you think?
PM David Cameron claims we are ‘headed in the right direction’. Below are the latest headline figures from the Office of National Statistics website on the state of our national finances (so all their words, not mine, I’ve just added a few helpful highlights): Latest figures (Nov 2011) Public sector net borrowing was £17.5 billion in […]
The UK in 2013: A Failing Economy or a Failing State?
Maybe I’m being a bit overdramatic (and simplistic) with that headline, but I wanted to pose a question rather sharply – are we busily focussing on a failing economy in the UK when what we should really be worried about is a failing state?
Restructuring the Social Sciences? What do you think?
My attention was drawn to this article by the head of Harvard’s Institute for Quantitative Social Science. Some commentators have been highly sceptical, pointing out the massive recent failures of the queen of quantitative social science, economics, for example. My own initial reaction is that whilst King’s claims may be somewhat overblown, and they do […]
IPPR, the Cabinet Office and me (not). Or why I’ll be more careful about collaborating with think tanks in the future.
When the Cabinet Office advertised their “outsourced” project to get advice about how some other countries manage the relationship between Ministers and Mandarins they made it clear they wanted a think-tank or University to bid for it. This is the (brief) version of how I was part, and then not part, of the winning bid.
2012 in review
The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog. Here’s an excerpt: 4,329 films were submitted to the 2012 Cannes Film Festival. This blog had 54,000 views in 2012. If each view were a film, this blog would power 12 Film Festivals Click here to see the complete report.
An early Christmas present from HMRC’s dodgy computers suggests trouble ahead?
I’ve just been on the sharp end of HMRCs rather dodgy tax computers. I read stories about them spitting out incorrect tax codes and causing all sorts of mayhem, but I never thought it would happen to me.
’You Can’t Borrow Your Way Out of a Debt Crisis’. Er, actually you can Mr Osborne. It depends….
One of George Osborne’s favourite mantra’s is the above one. Unfortunately it’s based on a rather school-boy understanding of economics. Of course everyone is familiar with the personal debt spiral. Adam and Eve enjoy the good life. They spend a bit more than they earn and make up the difference with credit card debt. Once […]
After Austerity: What Happens After You’ve Slain the Deficit Dragon, George?
The final point I want to make is about the “dog that didn’t bark” in Mr Osborne’s Autumn Statement. What could, and should Britain look like After Austerity?
The Autumn Statement Blame Game: Austerity Agitprop and the Double (Triple) Dip (#SR2013)
The second major thing wrong with today’s Autumn Statement was the usual political spin embedded in Mr Osborne’s “it weren’t me guv” plea. According to the Chancellor, supposedly aided and abetted by the OBR, the poorer than expected economic results, and knock-on poorer than expected public finances, is all down to those rotten Continentals over […]
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