Monthly Archives: March 2012

A free market take on the 2012 budget

Generally positive on tax… Cutting the 50p tax rate to 45 percent is a step in the right direction, but the Chancellor should have scrapped this altogether. The danger is that the 45p will become a permanent rate. The government … Continue reading

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Can the budget breathe life into the economy?

It is worth remembering that no chancellor, however enlightened, can really be said to breathe life into the economy. Believing otherwise gives rise to all kinds of hubristic policies, which do little more than redistribute wealth from one area of … Continue reading

Posted in Economics, Planning & Transport, Regulation & Industry, Tax & Spending | Leave a comment

Weekend notes

Detlev Schlichter is on typically forceful (and, yes, depressing) form over at Paper Money Collapse. We should accept that deleveraging is ultimately unavoidable. If it comes with a period of deflation – so be it. But we will get neither. … Continue reading

Posted in Economics, Liberty & Justice, Politics & Government, Tax & Spending | Leave a comment