Jeremy Hunt’s accession to the chancellorship marked a return to the status-quo Treasury Orthodoxy that has resulted in the managed decline of the UK. A focus on increasing taxes to maintain high levels of public spending and to reduce the budget deficit is misguided – especially for the UK, which suffers from chronic underinvestment withContinue reading “Hunt Economics: Treasury Orthodoxy”
Tag Archives: growth
Singapore’s success
Touted as the second freest economy in the world behind Hong Kong in 2014, Singapore enjoys an exceptionally high standard of living with one of the world’s strongest economies. A GDP (PPP) per capita of $95,000 in 2017 – over twice that of the UK, GDP growth has averaged 7% since 1970 – far exceedingContinue reading “Singapore’s success”
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