George Osborne has been under immense pressure in the House of Commons. His move to lend £7 billion to Ireland is deeply unpopular. MPs rightly
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Jersey, you have nothing to be afraid of – well except Murphy & Christensen
This letter in the Jersey Evening Post is too funny not to reproduce: From John Boothman. I READ with interest the attack by ex-Senator Ted
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The EU Code of Conduct: an update
Several people have asked me to do an update on what I know aboutprogress with the Crown Dependencies and the EU Code of Conduct. First,
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Ireland’s bail out looks like it has failed
The Guardian has reported: The Irish bailout has failed. That’s the stark verdict from Zerohedge, the financial blog, after the euro slipped into negative territory
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George – a moment for reflection
Probably the best explanation of Keynes there is
Day after day the economically illiterate, whether of the neoliberal or Austrian varieties, turn up on this blog blathering utterly false ideas based on utterly
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Why Lord Young had to go – he was telling the truth
I like this take on Lord Young’s resignation: Lord Young of Graffham had no choice but to stand down as David Cameron’s ‘enterprise tsar’ having
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If you want proof that comparative advantage does not work
In 1819 David Ricardo promoted the idea of comparative advantage in trade. He used this example (which I have borrowed from Wikipedia in this form):
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More evidence that Channel Islands’ tax abuse undermines UK business
Yet more evidence that the Channel Islands’ VAT abuse is having serious impact on UK small business has turned up on this blog: I think
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