Plan A has failed. It’s been replaced by plan A 1.5, with go-faster stripes. The current economic outlook for Britain is deeply alarming but if the Euro falls,
Londoners have mostly welcomed the recent Polish immigrant community in their midst, although most do not know them as a community. A new micro-published thriller, extracted here, brings that community to life and tells of its own relationship to pre-1989 life and power
UK governments talk loudly about controlling immigration but seem unable even to count in who visits Britain. Now, it seems, private incomers have been waived through in advance. Who were they?
Occupy London is fundamentally different in nature to the occupations in Madrid and Greece. It is small, but determined, and is on sacred ground: the skirts of St Paul's Cathedral. But how long will the anti-city in the City last?
I’ve not been to Wall Street. I don’t have to. Though separated from New York by an ocean, half a planet and a different political culture (one in which it is significantly less scandalous to talk about the obvious and total failures of capitalism), I can browse through any number of digital echoe
Are high executive and banking pay related to results? Or to social value added? Or does executive compensation simply ratchet upwards, irrespective of either? Jeremy Fox reviews work from the High Pay commission, the New Economics Foundation and Ha-Joon Chang suggesting the answers are "No", "No"
When President Carter addressed a crowd of well-wishers in London, the unavoidable comparison was with the post-leadership of Tony Blair
England is about to have its land-use planning system overhauled ... if the platoons of Tories against the proposals do not force another climb-down. But the current land-use planning system does have very serious flaws. Their solution, however, can only come through a thorough democratisation of
Is there any reason to set top tax rates at anything but the rate which maximises government revenues? And what is that rate? Jeremy Fox has argued that the 50p rate does not constrain growth. Michael Bullen returned with the argument that 50p is too high for public revenue maximisation. Jeremy Fo
Michael Bullen argued against Jeremy Fox's charge of "blackmail by the wealthy" with respect to the campaign in Britain to abolish the 50p tax rate. Here, the author returns to the attack, proposing that the evidence suggests that 50p is, if anything, too low a tax for the welfare of all
Should the marginal rate of income tax be reduced for very high earners? Jeremy Fox argues that there is no obvious link to growth. But the link to government revenue is much better understood, argues Michael Bullen, and the numbers suggest that 50% is too high
Financial regulation in the wake of the credit crisis is a simpler matter than the re-moralising advocated by Roger Scruton (Unreal Estates). Simply return to the regulatory environment pre-1999 and press on with transparency in markets