But many people will have valued the extra day off - what matters in cost-benefit analyses is welfare, not GDP, and when the two clash, usually because of non-quantifiable metrics the former wins. Al… (View Post)

Why on earth not? No other country has the NHS, and few have anything much like it. Other countries do have healthcare systems though, many considerably better than ours. If we hadn't created th… (View Post)

I'm not so sure. Farage strikes me as someone that the centrist Establishment often underestimate. People might be annoyed enough with five years - well, actually by then about 20 - of mass immi… (View Post)

It's only really difficult for Labour to replace leaders if they are election losers. They kept Corbyn after he'd lost an election but replaced Blair who hadn't. If they want to get ri… (View Post)

It's remarkably simple to those of us who've spent rather too much of our lives with economic models: - you take some rather overly-optimistic forecasts from the previous administration and… (View Post)