Tim Congdon

The £350 million wasn’t a lie — here’s why

‘Was the £350 million claim really a lie? Has our probable future Prime Minister indulged in tabloid-level mendacity?’

The Bocconi boys take on Keynes

‘If the Bocconi boys’ work is correct, three generations of macroeconomic textbooks should be binned and the fiscalist element in Keynesianism has become intellectual junk’

Debates that never die

‘The Brexit shambles could have been largely avoided if there had been from June 2016 a government which — unlike Theresa May’s — was 100 per committed to taking Britain out of the EU’

Maps and legends

‘Russia is governed by semi-deranged confidence men who dupe their fellow citizens into believing in their nation’s geopolitical greatness’

Splendid isolation

‘If it were true that “isolation costs jobs, costs growth, costs people’s livelihood”, New Zealand ought to be the poorest nation on the planet, and Australia shouldn’t be far behind’

Alan Greenspan’s bubble deflated

"Alan Greenspan was a good Fed chairman, but his reputation was grossly over-inflated"

Expand and contract

‘If contractionary fiscal policy can be expansionary, could expansionary fiscal policy be contractionary?’

Beginning of a bond meltdown?

‘Adam Smith observed, “There is a great deal of ruin in a nation.” There is certainly a great deal more potential ruin in the government bond markets’

The benefits of a free-trade Brexit

‘Theory says that unilateral moves to trade liberalisation ought to benefit countries going down that path. Practice shows that the theory works — free trade is good for the nation that adopts it’

Deficits — indefinitely

‘Trump’s fiscal largesse will expand the US’s external deficits at just the same time that the tariff increases are supposed to be reducing them’

Underrated: Abroad

The ravenous longing for the infinite possibilities of “otherwhere”

The king of cakes

"Yuletide revels were designed to see you through the dark days — and how dark they seem today"