Paris terror attacks: There’s no case for rushing in illiberal snooping laws in the new surveillance bill November 17, 2015 Lest my position on current events be misunderstood, let me restate a basic truth I’ve set out in these pages before. Killing terrorists is good. However, achieving that desirable end does not mean that the state needs to become more powerful. Nor does it mean that the state should snoop on all of us, “just [...]
Why it’s time for Ofcom to red card the rising cost of watching live football on TV November 17, 2015 The ever-increasing cost of watching Premier League matches on live TV is hitting fans where it hurts. UK fans pay at least twice as much to watch half the games as fans in Europe. In Germany, France, Spain and Italy, all their live games are available to watch at a much lower cost than in [...]
We’ve nothing to fear from job-killing automation – and the pace of change will be manageable too November 17, 2015 The chief economist of the Bank of England Andy Haldane has been in the news with his prediction that up to 15m jobs in the UK are at risk of being lost to automation. This is a huge number, around half the total number of people in work today. Haldane injected a note [...]
With consumer price index inflation negative but house price rises strong, is CPI failing to capture the cost of living? November 17, 2015 Shaun Richards, an independent economist, says Yes A fundamental problem with the UK official CPI inflation measure is its exclusion of owner-occupied housing costs. Without them, it arrives at an ice-cold annual rate of inflation of -0.1 per cent for October. However, our official statisticians also report house prices rising at an annual rate of [...]
Ring-fencing rules are not necessary to put an end to bank bailouts November 17, 2015 Loyal readers will know that this newspaper has never been a fan of bailouts, and certainly not those that were distributed to certain banks in the wake of the credit crunch and subsequent financial crisis. Indeed, the lack of a robust bankruptcy code for large financial organisations was a factor (albeit only one) behind the [...]
Vote with your wallet: It’s time to turn shoppers into investors November 16, 2015 It frustrates me that consumers are so valued as shoppers, yet so underserved when it comes to putting money to work in other ways. From the moment we are born, we are marketed to thousands of times a day, “trained” as consumers through hundreds of billions of pounds in advertising, yet are left to our [...]
Paris attacks: It’s natural to care more about those close to us – and that has implications for government too November 16, 2015 Many people have taken to social media to ask why the terrorist massacres in Paris have been given so much Western media attention, while similar atrocities in Beirut received scant coverage. One important reason is that France is closer to us – in location, culture and worldview. While we may pay lip service to [...]
Britain’s ageing population could be an opportunity – not just a disaster November 16, 2015 In the next four decades, the number of people aged over 60 globally is set to jump from 800m to 2bn. This huge increase will pose enormous economic, political and health-related challenges. But for those countries that adequately prepare, the increase will also present opportunities. Britain faces a particularly daunting challenge. The country will see [...]
In the wake of the attacks on Paris, are Western societies too tolerant of intolerance? November 16, 2015 Sam Bowman, deputy director of the Adam Smith Institute, says Yes After the Charlie Hebdo murders, the world stood with Charlie. Yet almost everybody illustrated their unity with the bland image of a pen, instead of the Muhammad drawings that the cartoonists were murdered for. Even when we wanted to show that “nous sommes Charlie”, [...]
After last week’s horrific attacks around the globe, leaders must be calm and rational when approaching the problem of IS November 16, 2015 The horrific attacks in Paris were not the only atrocities for which IS claimed responsibility towards the end of last week. In Baghdad 26 people were killed by two separate bombs, while in Beirut over 40 were murdered by suicide bombers – the deadliest incident in Lebanon’s capital for two and a half decades. If [...]