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Jacob Rees-Mogg

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Eschatological fears are an ancient human concern. The Romans expected the world to end in 634 B.C. owing to a prophecy involving twelve eagles, while the early Christians anticipated the Final Judgment in their own lifetimes. Pope Sylvester II thought A.D. 1000 would be the last year, a view updated for the modern age by the Millennium bug.

Jacob Rees-Mogg

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Jacob Rees-Mogg

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Subsidising inefficient businesses does not encourage them to become more competitive and means that extra money has to be taken from tax payers for the same result. Inevitably, this reduces the total size of the economy and lowers living standards.

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It’s widely accepted that it is reasonable for a government to use tax policy to change behaviour.

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May 2, 2024

It’s widely accepted that it is reasonable for a government to use tax policy to change behaviour.

Previous

May 2, 2024

Subsidising inefficient businesses does not encourage them to become more competitive and means that extra money has to be taken from tax payers for the same result. Inevitably, this reduces the total size of the economy and lowers living standards.

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