Brown gave control of interest rates to the bank of england, so its now administered by a professional with a vested interest in long term economic stability rather than an amateur who just wants things to be going well in 4 year's time. (I think) Inflation just happens; it is influenced to an extent by interest rates .
Your correction to first axiom is irrelevant; it just means that none of the others get voted for either. I'm still not convinced that the government can still have a measurable and predictable effect on a counteries economy, but I guess it might be possible. It used to be the case. I'm less convinced that it is this argument that causes people to vote in favor of pro-business anti personal rights-in-the-face-of-bussiness policies.
As far as I could tell everyone was going to spend their money on more police in cleaner hospitals. whilst thinking that 'forward not back' was the real alternative.
no subject
Your correction to first axiom is irrelevant; it just means that none of the others get voted for either.
I'm still not convinced that the government can still have a measurable and predictable effect on a counteries economy, but I guess it might be possible. It used to be the case.
I'm less convinced that it is this argument that causes people to vote in favor of pro-business anti personal rights-in-the-face-of-bussiness policies.
As far as I could tell everyone was going to spend their money on more police in cleaner hospitals. whilst thinking that 'forward not back' was the real alternative.