Monday, December 05, 2016

5 December - My Yahoo! 2

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Cuba after Castro: Democratisation as the next stage of the revolution? Not happening, Comrade Jones
December 2, 2016 5:40 AM
For most of this week, my social media feed has been more or less evenly divided between apologists of Fidel Castro on the one hand, and hardcore-apologists of Fidel Castro on the other hand. The latter defended Castro’s record, and Cuba’s status quo, without any reservations. Cuba a dictatorship? Don’t make me laugh. Look at … Continue reading "Cuba after Castro: Democratisation as the next stage of the revolution? Not happening, Comrade Jones"
The UK’s great wage stagnation: beware aggregates and averages
December 1, 2016 3:30 AM
I like Paul Johnson and the work he leads at the Institute for Fiscal Studies. I read his column in The Times each week with great interest. However this week he repeats a point with which, as he notes, he has become particularly associated – that UK real wages (measured by median earnings) have stagnated … Continue reading "The UK’s great wage stagnation: beware aggregates and averages"
The left will continue to lose until they start to empathise with their enemies
November 30, 2016 12:15 AM
In the midst of much chaos, the victory of Francois Fillon in the French centre-right primary has restored some normality to politics. He is a mainstream social conservative and a mainstream economic liberal. He may not deliver the reforms France desperately needs – political leaders with great promise often disappoint. But certainly reform is needed. … Continue reading "The left will continue to lose until they start to empathise with their enemies"
The left’s ‘economic localism’ is no better than Trump-style ‘economic nationalism’
November 29, 2016 5:01 AM
Black Friday has continued to expand in recent years, one response to its orgy of discounts and deals has been to promote the following day as “Small Business Saturday.” The idea is to encourage people to shop at their local stores rather than at national chains or big-box stores, or perhaps on the Internet. Doing … Continue reading "The left’s ‘economic localism’ is no better than Trump-style ‘economic nationalism’"
How benefits, once granted, become irreversible: a peculiar anecdote
November 25, 2016 5:38 AM
When politicians ‘give’ us things, it is very difficult to take them away again. Here is a little-known case in point. In 1947 Hugh Dalton, then Chancellor of the Exchequer, used the budget to raise tobacco duty very sharply, by nearly 50%. This was largely to save foreign exchange at a difficult time, and to … Continue reading "How benefits, once granted, become irreversible: a peculiar anecdote"
Integrated care in market-driven health systems: the Israeli example
November 24, 2016 6:07 AM
Opponents of competitive pluralistic healthcare systems often argue that competition leads to a fragmentation of services, and that the success of a health system depends, first and foremost, on its ability to deliver integrated care. A health system’s actors, the market-critics argue, should cooperate, not compete; they should work with each other, not against each … Continue reading "Integrated care in market-driven health systems: the Israeli example"
After Brexit, we should keep freedom of movement with the EEA, and extend it to other countries
November 23, 2016 4:14 AM
Britain has a huge problem with immigration – or so many people think. The reality of immigration is generally positive, yet public perceptions are often negative – and that leads to illiberal, deeply flawed government policy. It is telling that while few people think immigration is negative for them personally, many believe it is detrimental … Continue reading "After Brexit, we should keep freedom of movement with the EEA, and extend it to other countries"
Hammond should end the discrimination against families in the tax and benefits system
November 22, 2016 4:26 AM
Every now and again we have a radical government that changes the way things are done. Lots of governments try to give the impression of being radical by implementing swathes of new legislation. But really radical governments that change the course of history are rare. In the post-war period, we have only had the 1945 … Continue reading "Hammond should end the discrimination against families in the tax and benefits system"
Three cheers for laziness (and capitalism, for enabling it)
November 21, 2016 4:29 AM
Capitalism and the free market are indispensable. They create jobs, they make the world more exciting, they showcase humanity’s creativity, yada yada yada. But let’s think about their real benefit for a moment: they let me (you) be lazier outside of work. The reason you want any given thing is to make your life easier. … Continue reading "Three cheers for laziness (and capitalism, for enabling it)"
In defence of central bank independence
November 17, 2016 11:46 PM
At a time of increasing suspicion of, and animosity towards, experts – meaning people in public office with a great deal of formal education, usually unelected and expected (or purporting) to make decisions in a non-ideological way – it shouldn’t come as a surprise that the quintessential technocracy, the modern central bank, has come under … Continue reading "In defence of central bank independence"

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