Guest blog: When the ONS changes its mind, economic policy and political reputation are on the line

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In these ‘post-expert’ times, it’s worth remembering that good policy rests on good evidence. Our fiscal and monetary institutions don’t just set policy with reference to economic theory, but in relation to what’s going on in the economy. So – as we heard earlier this week – when history gets re-written in a way that … Continued

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Top of the Charts: Heatwaves, grannies and capitalism

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Public Finances and the Economy

Sign up for our weekly Top of the Charts emails here   Afternoon all, I don’t want to worry you – but I’m pretty sure this is what the end of days would look like. Tonight the moon is going to turn the colour of blood – which apparently we’re all meant to think is fun, … Continued

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Time to concentrate on our capitalism

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Public Finances and the Economy

Our politicians are anxious. And not just because no-one has a decent poll lead or idea where Brexit will end up. No, some are finding the time to get anxious about other things too, including the state of capitalism in the UK. The angst isn’t limited to the left either, with Michael Gove becoming a … Continued

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We’re all social democrats now

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Public Finances and the Economy

It’s Super Tuesday on the fiscal policy front. Try not to get too excited. Today a lucky world gains not only the Office for Budget Responsibility’s Fiscal Sustainability Report (the ‘FSR’ looks ages over the next 50 years to ask: ‘how bust are we if we carry on as we are’) but also the Treasury’s … Continued

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