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
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Recent Comments

  • User AvatarKirsten johnson 22nd Aug - 10:11am
    Completely agree, Richard.
  • User AvatarThomas 22nd Aug - 9:56am
    David Raw - Well, basic history should be taught properly at high school. But for running government, we need technocrats who know exactly what to...
  • User AvatarRichard Underhill 22nd Aug - 9:50am
    "Technology has changed the way in which the teacher delivers the information to the class," Students learn to think if they are interested enough to...
  • User AvatarRichard Underhill 22nd Aug - 9:45am
    Far too many mental health cases wind up in prisons which are not well equipped to deal with them.
  • User AvatarTom Harney 22nd Aug - 9:30am
    The use of technology to support learning is something which is attracting attention in many areas. I have particularly in mind what is referred to...
  • User AvatarGeoff Hinchliffe 22nd Aug - 9:21am
    How often have we read, on LibDem Voice, complaints about politicians constantly proposing changes to the education system ? Now, it seems, we are joining...