Warwick Lightfoot's Substack

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Let Them Spend Cake: Rachel Reeves as the Queen Marie Antoinette of British Public Finance
A Chancellor who inherits excess spending and answers it with more, eroding the private economy and the tax base that sustains the state: time to…
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Warwick Lightfoot
The revenue Imperative: taxing capital, property and wealth will not finance modern welfare states in Britain, France and America
Public spending in advanced economies needs tax receipts collected from buoyant recurrent flows of expenditure and revenue that do not erode the…
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Warwick Lightfoot
UK Labour Government's Economic Policy is guided by a network of Socialist Economists that offer a better Collectivist Yesterday
A welfare state that already radically redistributes income is a problem, without a tax agenda framed as an exercise in 1940s nostalgia
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Warwick Lightfoot
How the British Economy has changed over the last fifty years: the British Economy today is different to the economy in 1979 and has…
The modern British economy benefits from markets that work better than the 1970s, but shares challenges of slower economic growth and public expenditure…
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Warwick Lightfoot
Government debt is not the UK’s economic problem. The problem is government spending.
The British Government will not be forced to go to IMF to be bailed out - that is yesterday’s story when currencies were fixed against the dollar in a…
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Warwick Lightfoot
Are British Taxpayers saving up to pay future taxes?
Is the British economy exhibiting neo-Ricardian Equivalence responding both to public debt and public spending?
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Warwick Lightfoot
Economists at official institutions do not like President Trump and have allowed their antipathy to him to colour their economic analysis
Effective monetary policy, strong corporate and household balance sheets, cheap energy, expansionary fiscal impulse, a tech sector to die for and a…
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Warwick Lightfoot
Warwick Lightfoot's Substack
Warwick Lightfoot's Substack
Warwick Lightfoot is an economist with specialist interests in monetary economics, public finance and labour markets.
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