Economics Editor of @SkyNews, columnist at @TheTimes. I like writing books edmundconway.com/books/ and listening to obscure dance music mixcloud.com/edmundconway/

By staying in the EU we can help dismantle it

thetimes.co.uk — Amid the scare stories put about by both sides, there may be one good reason for voting Remain In my dreams, Britain is a dynamic economic paradise. Taxes are so low and simple that no one dodges them. The welfare state is small, affordable and there for those in need.

The most telling chart from the Treasury’s Brexit report

edmundconway.com — What is the EU? Not all that long ago, we all knew the answer. These days, what constitutes Europe has disintegrated so dramatically that the beginnings and ends of Europe are extremely fuzzy. Consider the following chart from the Treasury's Brexit report. Look at where the UK is.

Probably right, definitely not accurate. The Treasury on the impact on Brexit

edmundconway.com — Economics is an art masquerading as a science. Always has been, always will be. An economic model looks complicated, full of factors and equations, but it is invariably balanced on a bunch of assumptions that are, if not plucked out of the air, then at the very least guesstimates.

Gloomy IMF hopes that something will turn up

thetimes.co.uk — Not since the 1970s has the International Monetary Fund been so pessimistic about global growth It is a closely-guarded City secret that most professional economists are basically trumped-up marketing men. Banks do not hire these people because they want fiscal guidance or investment advice; they want free headlines.

Why the Bank of England is closer to a cut than you might think

edmundconway.com — Watching the Bank of England is an exercise in what old Cold War hands used to call Kremlinology. Because Moscow never used to make open statements about its plans, the only way to get a sense of its future actions was to watch the smoke signals coming from the Kremlin, to look at the body language rather than the actions.

IMF Warns Of 'Severe' Damage Of UK Leaving EU

news.sky.com — Brexit could cause severe damage to the global economy, the International Monetary Fund has warned. The IMF used its closely-watched World Economic Outlook report to slash its forecast for UK economic growth and warned if Britain were to leave the European Union it "could do severe regional and global damage by disrupting established trading relationships".

IMF Warns Of 'Severe Economic Damage' Of Brexit

news.sky.com — "Brexit" could cause severe damage to the global economy, the International Monetary Fund has warned. The IMF used its closely-watched World Economic Outlook report to slash its forecast for UK economic growth and warned if Britain were to leave the European Union it "could do severe regional and global damage by disrupting established trading relationships".

Britain’s to blame for the tax haven monster

thetimes.co.uk — It's time for an overhaul of the shady global financial system, even if we have the most to lose My introduction to tax havens came in a grotty tavern somewhere on the Caribbean coast of central America. Slouched at the bar was an American bragging that he had a yacht moored in the marina.

The real story from the Panama Papers: tax havens are already imploding

edmundconway.com — Somerset Maugham once famously described Monaco as "a sunny place for shady people". But the truth is that Monaco, along with most of the old, traditional tax havens, is no longer quite as shady. If you really want to hide money, no questions asked, the likelihood these days is you'll end up somewhere like Panama.

Steelworkers pay the price for China’s hubris

thetimes.co.uk — Port Talbot's crisis is not about rustbelt industries but Beijing's distortion of world markets Given that Britain's big economic problem is weak productivity, you might be relieved to hear that there is at least one sector bucking the trend.
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Apr 22, 2016

Brexit wld be the most selfish act of economic diplomacy since Nixon closed the gold window thetimes.co.uk/edition/commen… pic.twitter.com/RXc1ymd48g


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