Why cutting spending is now the only way to revive the economy Opinion With Brits stashing away cash in fear of further tax hikes under Labour, cutting spending is now the only way forward to grow the UK economy.
Method in Trump’s madness? What economic theory teaches us about tariffs Opinion Trump's tariffs have sent the world into a frenzy but there could be method yet. Economic theory shows that tariffs reduce prices, writes Paul Ormerod.
Tedium alone won’t restore confidence in the economy The City View The theory of Ricardian Equivalence posits that financing public spending out of taxes or borrowing will have the same overall economic consequences. This, David Ricardo argued in 1820, was because rational consumers understand that debt will eventually have to be paid off. They will therefore set aside current income in anticipation of future tax rises. [...]