Author Archives: Theo Clifford

Opinion: The case for NGDP targeting (1)

The Times is reporting that the Treasury is setting up an internal unit to look into the wisdom of revising the Bank of England’s ‘flexible’ 2% CPI inflation target. Mark Carney, the incoming Governor of the Bank who will replace Mervyn King in June, mentioned the merits of adopting NGDP (National Gross Domestic Product) level targeting in a speech last December, launching a frenzy of speculation.

Considering the enormous effect expectations of future monetary policy changes have had in places such as Japan, it may be that the talk of NGDP targeting is partly behind the …

Posted in Op-eds | Tagged | 11 Comments

Opinion: Deregulate Sunday trading to go for growth

The Coalition needs to get over its obsession with small businesses – and deregulate Sunday trading
With the recent fragility of the Coalition, it’s easy to forget that the Lib Dems do agree with the Tories on some issues. If we didn’t, it would have been impossible to forge a workable government in the first place. Mounting instability over constitutional reform makes it all the more important that the two parties can work together where their philosophies do align. One of those areas is economic and regulatory policy. Despite some notable blind spots, the Conservatives do share our belief in the strength of the free market to provide long-run economic growth. While many regulations are necessary and right, the Coalition should be able to work together in order to eliminate arbitrary and damaging rules that distort rather than level the economic playing field.

Posted in News and Op-eds | Tagged , , , , and | 55 Comments



Recent Comments

  • User AvatarCharlie 21st Oct - 11:06am
    John Tilley Well Dennis could talk about rugby, cricket , golf and fighting in WW2 ; so could probably engage with many pupils. I expect...
  • User AvatarJohnTilley 21st Oct - 10:51am
    Paul In Wokingham 20th Oct '14 - 11:02pm ".........5th place. In a national opinion poll. Behind the Greens. ............. – I want to think that...
  • User AvatarRoland 21st Oct - 10:42am
    Reading between the lines, it would seem the legal way for companies to avoid paying tax and one that the LibDems (?) would support, would...
  • User AvatarRobin McGhee 21st Oct - 10:41am
    Quite a few comments, here and on Facebook, about debates. I actually think debates would be better if held outside conference because they wouldn't have...
  • User AvatarTim13 21st Oct - 10:33am
    Rabi Martins I fear it is 5th place in the Ashcroft poll.
  • User AvatarHannah Bettsworth 21st Oct - 10:32am
    @Liberal Neil I'm going to add Alison McInnes and Christine Jardine to that list :) Not to mention there's so many awesome female activists I...