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	<title>John Kay &#187; UK government</title>
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		<title>Sinister or silly, protest politicians are united in grievance</title>
		<link>http://www.johnkay.com/2013/05/08/sinister-or-silly-protest-politicians-are-united-in-grievance</link>
		<comments>http://www.johnkay.com/2013/05/08/sinister-or-silly-protest-politicians-are-united-in-grievance#comments</comments>
		<pubDate>Wed, 08 May 2013 13:03:25 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[ideology]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Scotland]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8932</guid>
		<description><![CDATA[The inability of democratic politics to handle the aftermath of the 2008 financial crisis has threatened to undermine the apparent consensus on liberal democracy and lightly regulated capitalism that emerged following the fall of the Berlin Wall.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae is a needless and risky model for UK housing</title>
		<link>http://www.johnkay.com/2013/05/01/fannie-mae-is-a-needless-and-risky-model-for-uk-housing</link>
		<comments>http://www.johnkay.com/2013/05/01/fannie-mae-is-a-needless-and-risky-model-for-uk-housing#comments</comments>
		<pubDate>Wed, 01 May 2013 09:58:19 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8927</guid>
		<description><![CDATA[Ambiguity is often attractive to politicians and costly to taxpayers.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Sovereign Scots may have to drop sterling</title>
		<link>http://www.johnkay.com/2013/04/24/sovereign-scots-may-have-to-drop-sterling</link>
		<comments>http://www.johnkay.com/2013/04/24/sovereign-scots-may-have-to-drop-sterling#comments</comments>
		<pubDate>Wed, 24 Apr 2013 12:51:49 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Scotland]]></category>
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		<guid isPermaLink="false">http://www.johnkay.com/?p=8925</guid>
		<description><![CDATA[If I represented the Scottish government in the extensive negotiations required by the creation of an independent state, I would try to secure a monetary union with England, and expect to fail.]]></description>
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		<title>On the brink of a shadow drink industry</title>
		<link>http://www.johnkay.com/2013/03/20/on-the-brink-of-a-shadow-drink-industry</link>
		<comments>http://www.johnkay.com/2013/03/20/on-the-brink-of-a-shadow-drink-industry#comments</comments>
		<pubDate>Wed, 20 Mar 2013 09:19:38 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[ideology]]></category>
		<category><![CDATA[Industry Analysis]]></category>
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		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Theory]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8892</guid>
		<description><![CDATA[Restriction of business on moral grounds is not always unsuccessful but measures have to be applied with great care. ]]></description>
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		<title>Politicians bow to pressures to bend data</title>
		<link>http://www.johnkay.com/2013/03/13/politicians-bow-to-pressures-to-bend-data</link>
		<comments>http://www.johnkay.com/2013/03/13/politicians-bow-to-pressures-to-bend-data#comments</comments>
		<pubDate>Wed, 13 Mar 2013 19:47:29 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Accountability]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8887</guid>
		<description><![CDATA[For a time, the coalition government seemed willing to let figures tell their own story rather than one written by their political advisers; but that time seems to have passed. ]]></description>
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		<title>For a stimulus, boring is best</title>
		<link>http://www.johnkay.com/2013/02/13/for-a-stimulus-boring-is-best</link>
		<comments>http://www.johnkay.com/2013/02/13/for-a-stimulus-boring-is-best#comments</comments>
		<pubDate>Wed, 13 Feb 2013 08:44:16 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Decisions]]></category>
		<category><![CDATA[Economics In Action]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[ideology]]></category>
		<category><![CDATA[Theory]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8873</guid>
		<description><![CDATA[The objective of monetisation has not been to put money in the hands of consumers and businesses but to put money in the vaults of banks.]]></description>
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		<title>Given a choice voters opt for safety</title>
		<link>http://www.johnkay.com/2013/01/30/given-a-choice-voters-opt-for-safety</link>
		<comments>http://www.johnkay.com/2013/01/30/given-a-choice-voters-opt-for-safety#comments</comments>
		<pubDate>Wed, 30 Jan 2013 16:03:42 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Decisions]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Fads]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Scotland]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8859</guid>
		<description><![CDATA[Confronted with the specifics, rather than the principle, of constitutional change, many voters revert to the status quo.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Leveson failed to learn from credit crisis</title>
		<link>http://www.johnkay.com/2013/01/09/leveson-failed-to-learn-from-credit-crisis</link>
		<comments>http://www.johnkay.com/2013/01/09/leveson-failed-to-learn-from-credit-crisis#comments</comments>
		<pubDate>Wed, 09 Jan 2013 13:49:09 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Accountability]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Industry Analysis]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8848</guid>
		<description><![CDATA[There are many similarities between this response to the press crisis of 2011 and the reactions to the financial crisis of 2008. In both cases the demand for better processes and new rules largely missed the point.]]></description>
		<wfw:commentRss>http://www.johnkay.com/2013/01/09/leveson-failed-to-learn-from-credit-crisis/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>The allies who moulded the welfare state</title>
		<link>http://www.johnkay.com/2012/12/05/the-allies-who-moulded-the-welfare-state</link>
		<comments>http://www.johnkay.com/2012/12/05/the-allies-who-moulded-the-welfare-state#comments</comments>
		<pubDate>Wed, 05 Dec 2012 16:09:34 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Decisions]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[ideology]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8826</guid>
		<description><![CDATA[Social policy would, in the long run, owe far more to Eleanor Roosevelt’s claim that “everyone has the right to a standard of living” than to Beveridge’s assertion that “management of one’s income is an essential element of a citizen’s freedom”.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Corporate tax should be fair and shared</title>
		<link>http://www.johnkay.com/2012/11/28/corporate-tax-should-be-fair-and-shared</link>
		<comments>http://www.johnkay.com/2012/11/28/corporate-tax-should-be-fair-and-shared#comments</comments>
		<pubDate>Wed, 28 Nov 2012 13:51:39 +0000</pubDate>
		<dc:creator>John Kay</dc:creator>
				<category><![CDATA[Article]]></category>
		<category><![CDATA[Accountability]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.johnkay.com/?p=8823</guid>
		<description><![CDATA[Ireland accounts for a share of global profit disproportionate to the size of the Irish economy. Not because business in Ireland is particularly successful but because reporting profits in Ireland is particularly attractive.]]></description>
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