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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  • Jason Connor
    I am gutted by this news and agree with David above. In fact I touted Christine as leader on another thread. She has all the right qualities and was hoping she ...
  • colin murfin
    I have been a libdem member for over 20 years , have not got the time, money, confidence or faith in the process to attend conference. My main concern, is the ...
  • David Murray
    In the meanwhile I have answered my own request. Part of Christine Jardine’s letter to Ed Davey after being sacked as the spokesperson for Women, Equalitie...
  • Galen Milne
    The truth will out and I suspect it will be a lang story all said and done!...
  • Richard BIRD
    I agree with Leon Duveen and Mohammed Amin. Dialogue is essential. Boycotts and emotional responses based on limited information, half-truths and selective medi...