Treasury rules – or does it?

This is from Ed Conway of Sky concerning the ‘Times’ extract that follows: The Treasury is debating a radical change in its accounting rules, reclassifying billions spent on education and health as “investment”. One upshot: Rishi Sunak could meet his fiscal rules without any tax rises or spending cuts.. So this suggests that Labour’s paroxysms… Read more

Eugenics

I’m afraid this title will make some switch off or ignore, and some bristle with hostility – and that is exactly the problem. I suggest we have to face up to what Eugenics is and what it is not. It is certainly not for example, as is often suggested, Naziism, where officially proscribed life was… Read more

What is this government’s purpose?

An interesting ‘Observer’ editorial laments the decline of Keynes’ post-war ‘consensus’ for the future of civilised society as it seemed to be at the time. Conservatives mobilised an argument that generous welfare spending did not just undermine capitalism, but had inflationary, destabilising consequences and hence was a threat to democratic governance. Our government is similarly… Read more

Message for Lisa

“The lesson from the last election… is that people are smarter than we think.” according to Lisa Nandy. I cannot unfortunately embed the actual snippet from the Newsnight programme – but Lisa Nandy says that Labour made promises in their latest manifesto, that they simply couldn’t keep – which is, I’m afraid.. completely untrue… Still,… Read more

Liberty, Equality and Accountability

No, Fraternity, isn’t part of this…. Nonetheless, I suggest this is a very powerful conclusion by Billy Bragg in an interesting podcast with the lawyer Adam Wagner, in which they talk about ‘agency’. I thought it very incisive as they, quite correctly in my view, suggest that neoliberalism gives ‘agency’ to both businessmen and ‘markets’… Read more