Category Archives: Economics

  1. Labour’s ‘kitchen sink’ manifesto shows they don’t think they will win

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    November 26, 2019 by Paul Goldsmith

    I’ve read the Manifestos so you don’t have to. Kudos to the Labour party, who have been completely honest about …
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  2. The Green Party Manifesto – changing our lives to save them?

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    November 21, 2019 by Paul Goldsmith

    I’m reading the party manifestos so you don’t have to. Today, it’s the Green Party. I love the Green Party …
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  3. In the end, there will be a price to free broadband

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    November 18, 2019 by Paul Goldsmith

    Labour’s commitment to providing free broadband by 2030 may seem attractive on the surface. After all, who is going to …
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  4. The Cost of Corbyn – the lies and false assumptions prove the @Conservatives are scared

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    November 14, 2019 by Paul Goldsmith

    The Conservative Party’s assessment of Labour’s spending plans betray a massive lack of confidence in themselves. They are full of …
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  5. Question for Labour – who exactly is in ‘the many’?

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    November 11, 2019 by Paul Goldsmith

      Jeremy Corbyn’s campaign launch asked the question of whose side everyone is on – the many or the few. …
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  6. How the Economics Profession got it wrong on Brexit

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    July 29, 2018 by Paul Goldsmith

    In today’s febrile political atmosphere, in which information that doesn’t fit a person’s bias is immediately discarded, it is refreshing …
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  7. Why Carillion may be the final death knell for an entire economic model

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    January 22, 2018 by Paul Goldsmith

    You know someone’s lost the argument by the arguments they use. In this political age it is either when they …
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  8. Why the deliberate obtuseness of Remain-supporting journalists demeans the Brexit debate

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    November 20, 2017 by Paul Goldsmith

    Whilst lying is worse, being deliberately obtuse to make a point demeans the Brexit debate. At no point did places …
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  9. Universal Credit – a professional idea implemented by amateurs

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    November 9, 2017 by Paul Goldsmith

    Sometimes it is important to differentiate between an bad policy and incompetent implementation. Universal credit gets a bad rap, but …
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  10. Why the UK has no financial obligations to the EU legally, but they do politically

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    November 6, 2017 by Paul Goldsmith

    In the end it comes down to money and uncertainty. The one big card the UK has to play is …
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  11. Why interest rates should rise now

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    November 2, 2017 by Paul Goldsmith

    Economies work in cycles. Yes yes I know Gordon a Brown said he had abolished Boom and Bust, but in …
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  12. Why Ireland might have to leave the EU too

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    October 29, 2017 by Paul Goldsmith

    At some point the people of Ireland are going to have to choose between Britain and the EU. There are …
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  13. Why Labour will go into the 2022 promising to reverse Brexit

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    September 28, 2017 by Paul Goldsmith

    Jeremy Corbyn and John McDonnell are sharing many things at the moment. For the purposes of this blog is their …
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  14. Explaining Tony Blair’s immigration proposals

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    September 14, 2017 by Paul Goldsmith

    The ad hominem attacks were quick in coming, but the political and economic arguments were much slower to arrive. Former …
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  15. Explaining the Brexit negotiation impasse

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    September 4, 2017 by Paul Goldsmith

    You would be forgiven for thinking there is an impregnable impasse in the negotiations between Britain and the EU over …
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  16. If they want to ‘win’, Remainers will need to be patient

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    September 1, 2017 by Paul Goldsmith

    As you may know, there is a strong and well-supported movement to reverse the EU referendum result. In one sense …
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  17. A view from Iowa on why people voted for Trump

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    August 17, 2017 by Paul Goldsmith

    The problem with refusing to listen to messages or engage in debates on issues that make us feel uncomfortable is …
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  18. The real Brexit Debate: Fairness between Consumers and Producers

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    August 10, 2017 by Paul Goldsmith

    Since the Brexit vote, there has been a lot of talk about effect of immigration controls on our public services …
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  19. Free trade: Why who gets the losses and gains makes it hard to defend

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    August 3, 2017 by Paul Goldsmith

    During his inauguration speech, Donald Trump made the case for instituting protectionist measures against free trade by claiming that ‘protection …
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  20. Should we tie our own hands behind our back on free trade?

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    July 31, 2017 by Paul Goldsmith

    Pro-Brexit politicians and activists will constantly invoke the benefits of lifting our eyes to distant horizons, of heading out into …
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  21. Corbynism is impossible within the Single Market

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    July 27, 2017 by Paul Goldsmith

    In 1986, Jeremy Corbyn voted against the Act of Parliament that created the EU Single Market. He saw it as …
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  22. Are some Brexiter politicians ignorant or are they lying?

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    July 24, 2017 by Paul Goldsmith

    You know that feeling you get when you can’t work out if a set of politicians are ignorant are lying? …
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  23. Grenfell Tower: What is ‘Social Murder’?

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    July 16, 2017 by Paul Goldsmith

    On the Andrew Marr Show this morning Labour Chancellor John McDonnell was asked whether he was prepared to take back …
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  24. Which is more virtuous or effective: Paying Tax or Giving to Charity?

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    July 4, 2017 by Paul Goldsmith

    Rather excitingly, we here at Goldblog Towers received a packed mailbag of responses to yesterday’s blog, particularly the final question …
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  25. What is ‘anti-austerity’?

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    June 24, 2017 by Paul Goldsmith

    There are very few areas where proponents of a policy, or those who are against it, seem so incapable of …
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  26. Explaining the direct line from ‘contracting out’ to the Grenfell Tower disaster

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    June 19, 2017 by Paul Goldsmith

    In 2015 a £10m project was started to refurbish Grenfell Tower. Last week the the Tower burned down, killing an …
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  27. Why we should spend that ‘£350m a week’ on education instead

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    June 17, 2017 by Paul Goldsmith

    Just after last year’s referendum, a friend of mine commented that the Leave campaign had ‘missed a trick’ with their …
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  28. The proper case for free university tuition

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    May 31, 2017 by Paul Goldsmith

    The debate over university tuition fees rumbles on. Abolishing them would cost over £11bn a year. Labour has committed to …
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  29. Why public finances cannot be compared to personal finances

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    May 26, 2017 by Paul Goldsmith

    Have you ever heard someone compare the public finances to personal finances? Have you ever heard the accusation that Labour …
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  30. Labour debt-pointers are risking their party’s economic credibility again

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    May 21, 2017 by Paul Goldsmith

    I actually can’t take it anymore. It is economically illiterate and it is self-defeating and it has to stop. It …
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  31. Why energy price caps will worsen the energy market for consumers

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    May 16, 2017 by Paul Goldsmith

    The energy market is a target for both the mainstream political parties. Both Labour and Conservatives have suggested price caps …
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  32. No ‘Tax lock’ would be sensible economics.

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    April 26, 2017 by Paul Goldsmith

    Back during preparations for the 2015 General Election, there was a hole in the ‘media grid’ political parties use to …
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  33. The falling pound has been good for British firms. Hasn’t it?

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    April 24, 2017 by Paul Goldsmith

    The fall of the value of the pound, which has been about 20% against the Dollar and the Euro since …
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  34. It’s #Brexit – so what happens now?

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    June 24, 2016 by Paul Goldsmith

    1. We don’t immediately leave the EU. This is an advisory vote to the government, who choice choose to ignore …
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  35. Why I will be voting #Remain in the #EuRef – a guide for those on the fence

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    June 21, 2016 by Paul Goldsmith

    This blog is quite long but if you stick with it you may find it useful, particularly if you are …
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  36. The chart that explains why Britain is about to #voteleave

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    June 16, 2016 by Paul Goldsmith

    “Inside Labour’s London HQ, I joined young volunteers manning the “Labour In” phones with every fact at the ready. We …
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  37. EU referendum – Points systems for immigration could wreck the UK’s economy 

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    June 2, 2016 by Paul Goldsmith

    I’ll start by declaring an interest. Yesterday I had my hair cut in at a barber’s set up and staffed …
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  38. Why tax credits can be the wrong type of incentive

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    November 23, 2015 by Paul Goldsmith

    Tax credits can remove the incentive to improve your skills and productivity so you earn a higher wage on your …
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  39. How economics and politics are causing our labour market to fail

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    November 3, 2015 by Paul Goldsmith

    Nowhere is the tone of public discourse and the facts on the ground so different as the jobs market. The …
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  40. Why tax credit reforms are a “jobs penalty” on the very people the Conservatives affect to want to help. 

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    October 18, 2015 by Paul Goldsmith

    The row about the Conservatives’ reforms to tax credit isn’t about politics. It’s not even really about economics. It is …
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  41. Corbyn’s rail re-nationalisation is the right first policy, but the devil will be in the detail.

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    September 21, 2015 by Paul Goldsmith

    Margaret Thatcher didn’t privatise the railways. Her main intellectual guru on privatisation, Nicholas Ridley, didn’t think they should be privatised. …
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  42. Trade Union Bill – don’t believe the hype!

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    September 14, 2015 by Paul Goldsmith

    Today Parliament has been debating, and will continue to debate, the Trade Union Bill brought forward by the Conservative Government. …
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  43. How Labour should respond to Osborne’s plan to legislate for budget surpluses during growth

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    June 11, 2015 by Paul Goldsmith

       Given I have been stating for a while now that Labour should not have arrived at the 2008 recession, …
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  44. Why “Right-to-buy” Housing Association properties will never happen

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    June 1, 2015 by Paul Goldsmith

    I would have loved to have seen the Conservatives’ manifesto planning whiteboard. I can imagine there were quote a few …
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  45. The Greek government is learning what happens when you treat the public like children

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    May 19, 2015 by Paul Goldsmith

    Good news, I have just received a mandate from my loyal subjects not to pay back my mortgage. In the …
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  46. Why Labour would gain from explaining why they overspent in Government

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    May 18, 2015 by Paul Goldsmith

     The candidates for the Labour Party leadership are already  organising themselves into two groups on Labour’s economic record when …
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  47. We need to talk about Privatisation

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    May 5, 2015 by Paul Goldsmith

    I’ve read a lot this past year. When I decided to write a blog every day from May 7th last …
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  48. Tories’ Tax promise speaks volumes about..Tory promises

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    May 1, 2015 by Paul Goldsmith

    Before the 2010 election, the Conservatives said that they wouldn’t raise VAT should they be in government after it. They …
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  49. Why what happens to Greece could decide our election

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    April 28, 2015 by Paul Goldsmith

    A few days ago, I ventured the opinion that foreign affairs don’t win General Elections. I was premature. There is one …
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  50. “Labour’s rent controls” are nothing of the sort. Just redressing imbalances in the provision of a basic need. 

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    April 27, 2015 by Paul Goldsmith

    Pollsters released some interesting data just after Labour made their announcement on Saturday about the “rent controls” they are going …
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