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Archive for the ‘Public finances’ category

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I was interviewed by Atlantico.fr about the European Commission’s decision to grant the French government two more years to bring its deficit down to 3% of GDP. Tweet

Posted 27 Feb 2015 in Blog, France, Public finances
By Philippe Legrain ADD YOUR COMMENT

Read my article in The Guardian Tweet

Posted 05 Jan 2011 in Blog, Britain, Public finances, The Guardian
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The Guardian, 4 January 2011. Taxes on financial transactions, carbon and land could fill the hole in the public finances

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Martin Wolf writes in the FT: Some argue that we have no right to bequeath higher debt to future generations. But why would it be wise to bequeath a smaller economy to posterity, instead? Tweet

Posted 03 Oct 2010 in Blog, Britain, Public finances
By Philippe Legrain 1 COMMENT

George Osborne described it as “unavoidable” and “progressive”, Vince Cable as “necessary” and “fair”. Don’t blame us, Tweedledee and Tweedledum suggest, Labour left the public finances in a mess – and unless we tighten our belts drastically now, the markets will force our hand. But in fact, the timing, extent and manner of this brutal […]

Posted 23 Jun 2010 in Blog, Britain, Economics, Public finances
By Philippe Legrain 2 COMMENTS

The Times, 16 June 2010. Adopting Churchill’s plan would benefit wealth creators at the expense of the idle rich

By Philippe Legrain 3 COMMENTS

This article appeared in The Times on 16 June 2010. Filling the gaping hole in the Government’s finances is, in George Osborne’s words, the “great national challenge of our generation”. Unwise spending cuts and tax rises could sap economic growth; unfair ones provoke political unrest; inaction a market panic. Faced with a national crisis, who […]

Posted 17 Jun 2010 in Blog, Britain, Land, Property, Public finances, The Times
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The Guardian, 30 April 2010. The Duke of Westminster will cheer this house price bounce. For most of us it’s divisive and unsustainable

By Philippe Legrain 4 COMMENTS

Paul Krugman claims that liberals are divided on migration because: Democrats are torn individually (a state I share). On one side, they favor helping those in need, which inclines them to look sympathetically on immigrants; plus they’re relatively open to a multicultural, multiracial society. I know that when I look at today’s Mexicans and Central Americans, […]

Posted 27 Apr 2010 in Blog, Immigration, Public finances, United States
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Financial Times, 9 April 2010.

By Philippe Legrain 2 COMMENTS

Prospect, April 2010. A new land tax is the only efficient and fair way to bring Britain’s finances back into line

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Why is Labour staking its election campaign on defending a rise in national insurance? It will hurt the pocket of the average voter. It will cost some their job. It isn’t even a “stealth tax” any more. As for Gordon Brown’s Wayne Rooney reference to the need to support an injured economy, how on earth […]

Posted 05 Apr 2010 in Blog, Britain, Politics, Public finances
By Philippe Legrain 1 COMMENT

Guardian, 30 March 2010. A hike in national insurance is not only unfair, it will damage future growth by discouraging many from working harder

By Philippe Legrain 31 COMMENTS

Consider these three facts. Britain is struggling to recover from a crisis caused in large part by a huge property bubble. Unemployment is painfully high and people are feeling the pinch. The government has a huge gap in its finances that cannot be filled by public-spending cuts alone. What would you raise taxes on? Astonishingly, […]

Posted 24 Mar 2010 in Blog, Britain, Economics, Public finances