Whichever way the issue is looked at, to suggest that markets are rational is wrong
Saturday, January 27th, 2024As is noted in the FT this morning: A week ago, the main US stocks benchmark, the S&P 500, cracked through to a record high,
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The political economy of money and tax
Saturday, January 27th, 2024The Taxing Wealth Report 2024 is all about tax reforms. However, to propose reforms without suggesting why it is economically appropriate to do so makes
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We are being governed by economic irrationality
Friday, January 26th, 2024Inflation rates are tumbling in Europe, the UK, and the USA. Despite what mainstream economists in all these places suggested, which was that this would
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The Institute of Chartered Accountants in England and Wales is still failing in its public purpose
Friday, January 26th, 2024Yesterday, I noted a request by a Guardian journalist for education in basic financial literacy. It was, I thought, a wholly reasonable demand that any
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Many younger people have no good reason to believe in the UK so why would they fight for it?
Friday, January 26th, 2024There has been a call made by a serving UK general for the creation of a ‘citizen’s army’ in the UK. Such is the size
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The IFS says the next government will fail because it won't be able to cut the national debt, without ever questioning why doing so should have any priority when government services are failing
Thursday, January 25th, 2024The FT features a headline this morning that says: This refers to a new Institute for Fiscal Studies report on the likely fiscal inheritance of
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The Tories are changing the law on water companies so that even if they fail the shareholders do not take a hit
Thursday, January 25th, 2024In December, I wrote here about the need for a change to the law on the insolvency of water companies. I suggested a change that
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Why don't we teach young people about tax and finance?
Thursday, January 25th, 2024There is an excellent article in the Guardian this morning by Nell Frizzell that concludes by saying: Every year I hand over £350 to an
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Glossary entry: fiscal policy
Thursday, January 25th, 2024I realised yesterday that there was no entry on fiscal policy in this blog’s glossary. As a result, I made good that omission with the
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