This conference left me with a sense of the Party’s sincere humanity and compassion. Our aims include lifting the poor out of poverty through the best possible means: work, education, strong families and wealth creation. I happened to have dinner with John Hayes MP who set out an inspirational vision and purpose for education as the key to social mobility: like me, John comes from a modest background. Regarding the coming cuts, David Cameron said: And when we are done […]
Tag Archives: Fiscal policy
Brought forward. I was challenged last night to advocate flat taxes. Here’s one of my previous posts which does so. Another is here (you will have to forgive the oversize graphs). The Georgian recipe for “an amazing transformation”: Low and flat taxes Legislative commitment to reducing the government’s fiscal footprint (IE spend less!) Deregulation and cutting red tape And thereby suppressing corruption Unilateral free trade: no import tariffs or barriers of any kind Very flexible labour legislation No sector or […]
Via the Cobden Centre, a report from the Bank for International Settlements on public debt. Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large and rising future costs related to the ageing of their populations. In this paper, we examine what current fiscal policy and expected future age- related spending imply for the path […]
NB: The author is Tim Hewish, who I am glad to welcome as a contributor. — Steve We are drowning in an ocean of debt. The video above may be an American example, but it serves us well when highlighting the dire straits the British economy is in under this Labour Government. Government isn’t any different from the average person – in that it shouldn’t act in a fiscally irresponsible manner. If you or I were to go into debt, […]
On Tuesday, I spoke at the IEA’s The State of the Economy conference, participating in a panel discussion on Fiscal Policy and Government Expenditure with Edmund Conway, Sir John Bourn, Graeme Leach and Danny Alexander MP. Read more via Steve Baker speaks at the IEA on fiscal policy » The Cobden Centre.