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Does Labour have a hobbit as leader?

By Susan Guthrie and Geoff Simmons  Bilbo Baggins and David Shearer have a lot in common, not least the preference for a quiet life. “We are plain quiet folk and have no use for adventures. Nasty disturbing uncomfortable things! Make you late for dinner!” But a comfortable life is a lesser thing, as Bilbo Baggins […]

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Housing boom figures should convince government to put its hands back on the steering wheel

Housing boom figures should convince government to put its hands back on the steering wheel

Guest post by Bernard Hickey There’s a tipping point for any pragmatic policy-maker where the facts change to such an extent as to render any existing strategy redundant. Depression-era economist John Maynard Keynes explained his change of mind on monetary policy after the Depression thus: “When the facts change, I change my mind. What do […]

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