Brown’s Favourite Economist David Blanchflower Wrong Again
Economist Who Advised Brown To Privatise, Ronald Coase R.I.P.

Yet another installment in the series of David Blanchflower’s Terrible Tips. The former Prime Mentalist’s favourite former appointee to the Bank of England’s Monetary Policy Committee got his faulty crystal ball out again at the end of March, predicting growth for the year of 0.2%. In April he said that a triple dip remains a real prospect. In May he nearly fell over laughing at the suggestion a recovery was in sight. He regularly predicted rising unemployment, when it fell. So did he fare any better this time round?

Well this week the OECD doubled its outlook for UK growth to 1.5%, now the OECD expects Britain to even outstrip Germany and France over 2013. What’s more, in the last quarter, the UK grew at an annualised healthy 4.5%, with growth across all sectors. The fastest for decades. Even Ed Balls now admits we are on the road to recovery…

Ronald Coase Obituary

David Blanchflower is a poor excuse for an economist, compared to Ronald Coase, who sadly died on September 2nd aged 102. The Nobel prize winner enjoys nowhere near as much fame as media-savvy left-wing economists like Blanchflower. Coase should be more famous because it was his idea originally to sell off radio spectrum rights, a policy idea which led to Gordon Brown raising £22.5 billion from the privatisation of the 3G spectrum. The greatest one-day privatisation ever seen in Britain, carried out by a socialist. That was genius… 



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Adam Spiegel, producer of Nazi themed “The Producers” musical says…

“Margate seemed a perfect place to start the promotion. I’m disappointed but not entirely surprised to see that UKIP are trying to hitch a publicity ride on the back of the show.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Jenny Humiliates Natalie Jenny Humiliates Natalie
Senator Disproves climate change by lobbing snowball Senator Disproves climate change by lobbing snowball
GCHQ take tips from horror movie GCHQ take tips from horror movie
Happy International Polar Bear Day! Happy International Polar Bear Day!
Met Police Accuse Guido of “Collusion” With Press Gazette Met Police Accuse Guido of “Collusion” With Press Gazette
Miliband Speaks on #TheDress Miliband Speaks on #TheDress

Future of Journalism Update Future of Journalism Update
Hacked Off Rally Was Deeply Unpleasant Hacked Off Rally Was Deeply Unpleasant
Nazis Invade UKIP Conference Nazis Invade UKIP Conference
Farage on Course to Win Thanet Farage on Course to Win Thanet
Sadiq Khan Spoke at Jihad John Group Event Sadiq Khan Spoke at Jihad John Group Event
Government Blames Facebook for Lee Rigby Murder Government Blames Facebook for Lee Rigby Murder
The Hysteria of Hacked Off The Hysteria of Hacked Off
Simon Carr’s PMQs Sketch Simon Carr’s PMQs Sketch
Charity Fat Cats on £145,000 Charity Fat Cats on £145,000
Meet the Lesbian Tech Queen Meet the Lesbian Tech Queen
Balls on His Sexual Prowess Balls on His Sexual Prowess
Tory Candidates: EU Bad For Business Tory Candidates: EU Bad For Business
Follow

Get every new post delivered to your Inbox.

Join 1,780 other followers