On Tuesday 1st July, The Rt Hon Oliver Letwin MP, Minister of State for Government Policy gave the Politeia's Summer Address: The Long-Term Economic Plan.
As Britain’s economy begins to recover, there are questions about the long term direction of economic policy.
On the 5th June this year, the Conservatives held Newark in a tough by-election fight. But the results show that voters are switching in their thousands to UKIP. Professor Tim Congdon CBE explains that though the newcomer may seem brash, its goal is noble. It will now be for the prime minister to clarify the status of Britain vis-a-vis the EU.
As the EU institutions regroup in Brussels in the wake of the European Parliamentary elections, Professor David Abulafia explains that a Common Market is one thing, whereas a United States of Europe is another.
The central message of the UK's European election is not UKIP’s success at the expense of the older parties. Rather, says Sheila Lawlor, the odds are that the elections will show this country to back the sceptics by a good margin.
The Eurozone growth figures for early 2014 remain stubbornly low at 2 per cent. But, says Dr Gerard Lyons, the global economy is not all gloom and the UK is 'starting to motor'. Germany is growing and the Eurozone can act to stimulate demand.
As voters across the European Union prepare to vote for their MEPs on 22nd May, many eyes will focus on Britain. If the Conservatives are returned to power in 2015, the UK will renegotiate the relationship with Europe. What should be Britain's aim and what course should she follow? What framework will best reflect the concerns of people in this country? The distinguished lawyer, Martin Howe QC considers how the Constitutional Framework for a Future Settlement could be framed.
Governments worldwide are setting their universities free to face globalisation, says Dr Paola Mattei.
Britain’s political parties are now in 2015 general election- mode. Labour, says Dr Robin Harris, promises a policy of ‘madhouse economics’. But if Britain is to prosper in the long term, the case for the free economy must be made. That responsibility falls to the Conservative leaders and in a piece for Standpoint, Dr Harris explains why:
On Thursday June 12th, Chris Daykin, former HM Government Actuary* gave the fourth lecture in Politeia's 2014 Economic series Paying for the Future: Contributory or Tax funded Systems?
The changes proposed for the UK pensions system have been broadly accepted across the political spectrum. Along with the new single tier state pension to replace the NIC pension and pension benefit, an additional workplace auto-enrolment scheme is being introduced.
Western economies face rising costs for pensions, healthcare and other social goods. At the same time pressure on the public finances is greater. How can efficient and affordable social systems compete in an ever tougher global market?
Politeia's 2014 economic series explores how different international systems pay for the social policies which their societies expect. Addressing the series will be politicians, economists and actuaries; and specialists who have advised on, or created and introduced such systems.
For the list of speakers click here.
As the summer months, the news from the Treasury seems upbeat. Growth is back. Economic forecasts are being revised upwards. The mood has switched from gloom to boom.
In After Osbrown: Mending Monetary Policy, Douglas Carswell MPfor Clacton, who previously worked in fund management, warns all is not what it seems. The warning signs are already there: this may yet prove to be another credit-induced recovery. The UK is increasingly dependent on consumer spending and mortgage debt. Savings and investment are down. The UK’s current account deficit is widening.