Archive for March, 2007

Gordon Brown and Taxation

Interesting article in The Economist about Gordon Brown’s recent budget, which included some dubious tax policy:
First, the main corporation-tax rate, which has been held at 30% since 1999, will be lowered in 2008 to 28%. Second, and even more startling, the basic rate of personal-income tax will be cut at the same time from 22% […]

Muhammad Yunus- the new “social enterprise”

Perhaps it would be more fitting if last year’s Nobel Peace Prize winner, Muhammad Yunus, was instead granted the award in the field of economics. During his 100 minute speech of acceptance before the Royal Swedish Academy of Sciences (which can be streamed here), Yunus postulated a radical new form of enterprise, termed “social business,” […]