Thursday 24 June 2010

Post Of The Month: Budget Edition

Tim Worstall strays from his own blog to give us a detailed breakdown of the Budget and some of the likely economic thinking behind it here at the Register.


Bucko said...

That was a good article; well worth reading. I particularly liked his comments on the banking troubles becasue I did a similar post last week, where I explained my understanding of the Northern Rock crisis in similar terms.

JuliaM said...

"If confidence is high, people invest. If it is not they don't."

Indeed; not so different from the old style 'run on a bank', really, was it?

Bucko said...

Not at all. But with the added problem that people these days, invariably do what the media tells them to.