Green Politics

A middle way for economic recovery

The world has moved into a period where there will be a persistent shortfall of demand in the economies of the West compared with what is necessary for full employment.

Guest ·

New financial regulations will harm households and small businesses

The financial sector breathed a sigh of relief this week as the Basel Committee’s recommendations for new rules on banking regulations were announced; stock markets around the world rallied. Rules on the amount of capital banks must hold to cover risk – and the extent to which reserves must be liquid – are less stringent than expected.

Craig Berry ·

Osborne’s VAT increase: regressive and avoidable

George Osborne’s decision to raise VAT to 20 per cent from January 2011 has been widely described as regressive, including by the new Head of the Office of Budget Responsibility Robert Chote. Mr Chote has also emphasised the extent to which raising VAT was not unavoidable, and was in fact a choice made by Mr Osborne.

Duncan Weldon ·
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