We are all Keynesians now
Classical economic theory is all but extinct within the lecture theatres of universities worldwide, and Keynesian thinking dominates the decision making of governments internationally. Keynesian economics advocates for state intervention in the economy, arguing that it is necessary to moderate the business cycle and provide overall economic stability. Regrettably, most ...
“Nobody Eats GDP”: Promoting Inclusive Growth in Nigeria
GDP growth is not enough. Growth must be felt in the lives of people! Nobody eats GDP.— Akinwumi A. Adesina (@akin_adesina) January 25, 2018
The effect of a Corbyn government on the UK’s finances
The Labour Party’s additional spending commitments in their 2017 manifesto came to around £100bn per year, according to a report by the Taxpayers’ Alliance. This did not even include John McDonnell’s plans for re-nationalisation, which could have an upfront cost of at least £176bn.The implications of such a huge expansion ...
Collapse in home ownership "the most damaging shift in society"
The reduction in home ownership is "one of the most dramatic, and damaging, shifts in our society and economy in recent decades", according to Robert Colvile, CPS Director.Responding to a report published by the Institute for Fiscal Studies showing the collapse in home ownership among young people, Robert's comments featured ...Will the free market win in Italy?
As Italy approaches its crucial general election on the 4th of March, it seems the only certainty Italians – and the wider EU – are confronted with is the promise of more chaos and confusion.The outcome of the election may decide a new direction for Italy’s troubled economy, which despite ...Housebuilders pledge to reserve London homes for UK buyers
FTSE-listed home builders have pledged to restrict the sale of new homes to Lond-based buyers according to City A.M.The companies - which include Taylor Wimpey, L&Q, and Barratt London - have offered to restrict the sale of new build homes under £350,000 to UK-based buyers for the first three months, ...Medical groups ask government to tackle soaring negligence costs
Medical groups have written to the Justice Secretary, asking him to address the soaring cost of medical negligence claims, according to the BBC.A 2017 report from the Centre for Policy Studies noted the rapidly increasing cost of medico-legal expenses, and the associated insurance, was driving GPs out of the NHS ...Brexit Secretary to "consider" free port pilot
In a speech in Teesside, Brexit Secretary David Davis said the government will consider a free port pilot in Teesside "with the most open mind possible."Ben Houchen, Tees Valley Mayor, is leading a push for a free port pilot in the area following Brexit and met with David Davis prior ...Theresa May endorses 'The Cost of Nationalisation' report
Theresa May used Prime Minister's Questions, Wednesday 24 January, to endorse the latest report 'The Cost of Nationalisation' from the Centre for Policy Studies.Maggie Throup MP asked the Prime Minister if she agreed it would be reckless, when so much work had been done reduce to deficit, to follow Labour's ...Corbyn – A champion of young worker’s rights?
“I don't think young people eat less than old people - that's my experience anyway” – Jeremy Corbyn at the Unison Conference in Brighton, 2017.What sound logic from the leader of the Labour party, on why he should raise the minimum wage to the national living wage levels for all ...Keith Joseph at 100
We must have substantial cuts in tax and public spending and bold incentives and encouragements to the wealth creators, without whose renewed efforts we shall all grow poorer
17 January 2018 would have been the 100th birthday of Keith Joseph. Founder of the Centre for Policy Studies, close friend and supporter ...UK and the TPP: An intelligent move?
Whilst the future of the UK’s trade relationship with the EU remains uncertain, Secretary of State Dr Liam Fox returned from a recent World Trade Organisation (WTO) meeting hopeful of new trade deals for a post-Brexit UK. Britain’s exit from the EU can unleash more comprehensive and beneficial trade agreements ...'Homes for Everyone' praised in Lords debate
Baroness Neville-Rolfe praised Chris Philp MP's "fine report" for the Centre for Policy Studies during a debate in the House of Lords last week. The debate, held Thursday 12 January, was focused on the performance on the UK's house builders and what could be done to encourage more house building ...Royal Commission debated in Parliament
The subject of an NHS Royal Commission was raised in Parliament yesterday during Prime Minister's Questions, following the publication earlier this week of "A Royal Commission for the NHS: The Remit" written by Lord Saatchi and Dominic Nutt and published by the Centre for Policy Studies.Dr Andrew Murrison asked the ...The precarious state of British energy
The composition of the UK’s retail electricity market has been dramatically transformed in recent years. The “Big 6” suppliers – who have typically been a dominant market force – now share the market with some 60 suppliers and subsequently have seen their combined market shares decline 4% in the last ...