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 AvatarEddie Sammon 30th Aug - 12:49pm
    Tim needs to write an article explaining what he believes in, because it seems to have changed a bit since the leadership election. Does this...
  • User AvatarLes Farris 30th Aug - 12:40pm
    I had the responsibility, in the roles of area agent and later, press & information officer, of organising visits and tours by senior party figures...
  • User Avatartonyhill 30th Aug - 12:38pm
    This discussion doesn't seem to be taking a very nuanced view of the situation. Before it appeared that Corbyn was going to win the party...
  • User AvatarPsi 30th Aug - 12:34pm
    Stuart " the above quote sounds suspiciously like “mansplaining"" I would just refer to my comment on the previous post: "Regardless of the merits of...
  • User AvatarHugh p 30th Aug - 12:33pm
    If one looks at the actual words ascribed in the FT article to the un-named MP, they are words that John Pugh, Mark Williams or...
  • User AvatarPeter Bancroft 30th Aug - 12:21pm
    Good article. If we're going to be really pedantic on language though, we're talking about asylum seekers. People only become refugees once their application has...