all posts from October 2006


5 and a half weeks to go…

My wife and I are expecting our first child and I thought it would be interesting to offer a sort of diary of observations related to economics and child rearing.
First observation related to the future. Up until a couple of months ago we believed that we still might have some sort of social life, babysitters […]

Big Bad Tesco

Tesco announces half-year profits of £1bn and makes no secret of its plans to get even bigger. Cue image of Terry Leahy sneering and stroking a white cat.
The growth and success of the supermarket industry is a cause of great angst in England. We are not good with commercial success anyway, but when it comes […]

We want tax cuts and we want them now?

Janet Daley is getting frustrated at David Cameron’s refusal to promise and bring forward tax cuts if he is elected.

To state, as Mr Cameron and Mr Osborne do ad nauseam, that you will put economic stability “before tax cuts” is tantamount to saying that stability might well require that tax levels remain where they are.
If […]

Why does my boss earn so much?

Chris Dillow ruminates on executive pay. I’m not sure if there is one theory that is suffiicient to explain this. Not long ago, the cult of personality appeared to be everything. In a zeitgist of deal-driven corporate growth, individuals with a reputation for successful deal-making (which could be a proxy for performance) enjoy the top […]