UK banks are rubbish: of course they are undervalued
Friday, January 19th, 2024The FT noted last night that: Jeremy Hunt has called in Britain’s largest banks to discuss why they remain so poorly valued compared with global
Read the full article…
Inflation is over. It is time that the Bank of England recognises this and responds appropriately
Thursday, January 18th, 2024As I noted yesterday, this month’s inflation data shows a very slight rise over that published in December. The difference is statistically insignificant at 0.1%,
Read the full article…
You could have a wealth tax raising a few billion or major reforms to existing taxes that could raise £100 billion or more? Which would you prefer if you wanted to tackle inequality?
Wednesday, January 17th, 2024Davos is full of calls for the super-rich to be taxed more. The Patriotic Millionaires are at it. As the Guardian notes: More than 250
Read the full article…
How to manage the supply of public goods
Monday, January 15th, 2024As I noted yesterday, it is not just the Post Office that is failing badly at present; HM Revenue & Customs is as well. As
Read the full article…
It's not just the Post Office that needs reform: HM Revenue & Customs does as well
Sunday, January 14th, 2024I have posted this thread on Twitter this morning: There is justifiable outrage right now about the fact that the Post Office has been able
Read the full article…
Why are HMRC understating the number of Tax Commissioners by 14%?
Saturday, January 13th, 2024An, as yet, unpublished part of the Taxing Wealth Report is on the governance of HM Revenue & Customs, which I have long felt to
Read the full article…
War, fear of inflation and central bankers in increasing order of threats to our wellbeing
Friday, January 12th, 2024I published this thread on Twitter (X) this morning: War, of some sort, has begun in the Red Sea and Yemen. The UK is involved.
Read the full article…
Economics, ethics and other stuff
Thursday, January 11th, 2024I was on the Independence Live livecast last night – which was a one-hour live interview broadcast on multiple social media platforms. Independence Live is,
Read the full article…
The lessons to learn from Martin Luther King
Wednesday, January 10th, 2024This article to mark Martin Luther King Day in the USA, which is on 15 January, was written by an old friend of mine, Ben
Read the full article…