A last comment on Durkin’s quite mad programme. We heard two arguments. The first was that only the private sector generates wealth. Ah, so education
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More wonders from Durkin. The amount of benefit paid in the UK must be cut massively. Then: Low taxes in Hong Kong did for them
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I’m watching the Channel 4 documentary by Martin Durkin on what he claims is wrong with the state. The programme is so mad it is
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The Mirrlees review is proposing a merger of the incomex and National Insurance systems.It is a common proposal from right-wing sources. But was there a
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Interesting that Martin Wolf notes today: The Fed, added the chairman, has a dual mandate, to foster maximum employment and price stability. Doing nothing would
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From Martin Wolf in the FT today: Yes, it may be reasonable to call for a reconsideration of the global monetary system, as Robert Zoellick,
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I have found a redeeming feature in the Mirrlees recommendations. They suggest the abolition of stamp duty on sales of domestic housing and the abolition
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The Mirrlees report assumes that savings equal deferred consumption. As such their whole approach to the tax of savings assumes that this is simply an
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The Mirrlees review has a number of assumptions on consumption taxes. The most important, it says, is that such taxes should only be charged on
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