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: uk
Liz Truss: Supply Side Reform
A vicious leadership contest has culminated with Liz Truss’ accession to the premiership. Promising radical reforms to the British economy, Truss represents a stark contest with the establishment candidate, Rishi Sunak. With pledges to radically cut the state, addressing the struggling supply side of the British economy, Truss represents a breath of fresh air fromContinue reading “Liz Truss: Supply Side Reform”
Socialism vs. Free Market Capitalism
The debate of the 20th century is once again raging. Despite capitalism’s resounding defeat over the failing socialist regimes – the Soviet Union, Cuba, and North Korea particularly, far-left millennials insist on a return to these miserable times. A recent survey by YouGov found that a strong majority of Generation Z types and millennials viewedContinue reading “Socialism vs. Free Market Capitalism”
Do Deficits cause Inflation?
Deficit spending. The political norm in both the UK and US since the turn of the decade. At a time of spiralling inflation, the question of a link between deficits and inflation is once again coming into the fray. A huge increase in government spending and subsequent budget deficits arose prior to the inflation crisisContinue reading “Do Deficits cause Inflation?”
