Tax and government
I sympathise with the Tax Justice Network’s aims, but I think their latest publication may have got the relationship between tax and good government (found via Richard Murphy’s blog) wrong. I also think I can explain why there is so little pressure to improve tax collection. (more…)
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Fixed rates will not make housing affordable
I find it hard to believe that encouraging long term fixed interest mortgages, as the government plans to, will really make housing more affordable. Here is why: (more…)
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Middle class revolution
One of many interesting ideas in the Ministry of Defence’s Strategic Trends study is that the middle class may become revolutionaries: taking on the role Marx expected of the proletariat. My instinctive reaction to this is that it is implausible, but, on reflection, it is more likely than it first appears. (more…)