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A mystery solved

Gordon Brown should be criticised if he does not propose a root and branch reform of corporation tax within the life of this parliament.

Called to account

What are the responsibilities of Shell to society at large? There is a simple answer - and it’s wrong.

Don’t just do it

When should a government intervene in the market? It is not clear what New Labour thinks is the answer.

Private finance initiative

Public investment is now prioritised according to whether it can be disguised by the private finance initiative: Goodhart’s Law has come into play once again.

A German lesson

The great German experiment teaches us a great deal. One of the lessons is that microeconomic policy is of critical important.

A Theory of the Social Market

The communitarian view of politics and society - whereby our actions and views are inseperable from the communities in which we live - is not incompatible with mainstream economic thinking. Rather, it heightens our understanding of how markets work.

Now mind the gap

The Bank of England should get on with the job of setting interest rates and other monetary activities, and be held accountable for how well it performs. Instead, everyone wants to retain control over decisions while shedding responsibility for outcomes.

The Good Market

Competition is a powerful stimulus to efficiency, innovation, and customer service. We can believe these things, and should, without feeling obliged to accept the political agenda of libertarian individualists. The language of inclusion provides the basis for doing so.

Challenging the robust and flexible plc

We are converging on the plc as the only form of economic organisation in the modern world. But this is not without costs - and it is because we are not giving viable alternatives any legal encouragement.

The victory of market forces over central planning is complete (Social...

The victory of market forces over central planning is complete. The communist regimes of Eastern Europe collapsed under the weight of their own...

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