Via Learn Liberty, Who Exploits You More: Capitalists or Cronies? See also this short book on how political decisions come to be made: Public Choice – a Primer by Dr Eamonn Butler. Or watch Yes, Minister.
Tag Archives: Government
Can government spending activities have a positive impact on economic activity? Do federal spending programs designed to offset a recession’s negative effects add a boost to GDP growth? Can government purposefully and successfully take steps that will increase employment? In essence, do government stimulus programs really work? With various political parties advocating further economic boomerangs, find out here: The U.S. Experience With Fiscal Stimulus | Mercatus. The key conclusions are on the last page. After describing three hurdles to stimulus spending as an […]
Via It’s austerity all right – but not of the kind we actually need, City A.M.’s Allister Heath makes his case: It has long been a theme of this column that the government and its critics alike have exaggerated the extent of the government’s belt-tightening. The coalition is doing this to try and reassure the bond markets while seeking to minimise the hit to the public sector; the opposition because it wants to blame the recession on “the cuts.” But […]
I’m grateful to StopHS2 for drawing my attention to this video of the Public Accounts Committee hearing at which it was revealed HS2 has a Cabinet Office Major Projects Authority status of red/amber: As The Guardian reported: The latest figures issued by the HS2 high-speed rail scheme have revised down the economic benefits for the fourth time – suggesting the scheme will barely, if ever, break even. Originally the scheme was forecast to bring £2.40 of benefit for every pound […]