Fra Pacioli
‘If the first rule of democracy is “Learn how to count”, perhaps the first rule of economics should be “Learn how to account”.’
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 15 | Founded | 8 months ago | Last Issue | 13 days ago |
| Active | |||||
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The two most divisive words in UK politics
You hear it all the time – ‘Why are they wasting taxpayers’ money on that?’
And it sounds perfectly reasonable. You work, you earn £100, HMRC takes £20 in tax – you’ve got 80 quid left. Tax is a real and undeniable cost to you – to all tax...
Fiscal Rules Are for Sensible Fools
The performance unfolds in three acts.
Act 1: The government unveils its rules. The Opposition attacks them. The OBR marks the homework and commentators pronounce upon the Chancellor’s ‘headroom’.
Act 2: Ministers make ‘painful decisions’...
What’s that, you say?
You want it in plain and accessible language, free of technical jargon, so that the reality of the UK government’s finances can be easily understood by anyone?
And you want it now?
Well, funnily enough, I have the very thing…
TSFS Short...
'It’s borrowing, Jim, but not as we know it.’
When politicians say the government must ‘borrow to invest’ or must not ‘borrow for day-to-day spending’, they appear to be describing a financial operation. In fact, they are telling a story — and the story is false. Not that many of them...
The Andy Burnham story – aka 'fiscal rules are for sensible fools'
Not enough, I suspect.
The tone will change. There will be more warmth, more regional pride, more emphasis on devolution, transport, housing and the North. The government will sound less technocratic and more rooted in place.
But on the c...
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‘If the first rule of democracy is “Learn how to count”, perhaps the first rule of economics should be “Learn how to account”.’
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