Budget deficit and economic growth
bySome economists such as Nobel Laureate Paul Krugman hold that during an economic slump it is the duty of the government to run large…
Deficit
It’s time to end the cruel delusion of cheap money and reckless spending
bySteve Baker has written an article for today’s City A.M. calling for an end to the ‘cruel delusion of cheap money and reckless spending‘:…
Boom
by“Giarre, a town in eastern Sicily, sits above the sea on the slopes of Mount Etna. It was once a collection point for the…
Is the “fiscal cliff” a threat to the US economy?
byThe US Congressional Budget Office (CBO) said on August 22nd that scheduled tax increases and spending cuts in 2013 would reverse the current modest…
Emergency Budget – Reconsider the Capital-Gains Tax Hike
byAlan McCormick of Legatum wrote an excellent article for yesterday’s Wall Street Journal: Shortly after taking office in May, Britain’s new chief secretary to…
The tab from LEH/AIG so far?
byVia Sean Corrigan and Toby Baxendale, “The tab from LEH/AIG so far? Around about $2 trillion if we look at trend US federal debt…
How long will it take to pay off the £1 trillion of National Debt?
byScanning the papers yesterday, yes there is focus on the Deficit and plans by both parties to reduce it. Skepticism that the Labour Party…