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

Quote of the Day

Former Miliband guru Arnie Graf reveals Labour’s disconnect with the working class:

“On one of my trips to the U.K. in the autumn of 2013, I bumped into one of Ed’s strategists in Portcullis House. He asked me if I was assisting the staff on Ed’s trip that was to take place in a few days to one of the regions. I told him that I did not have knowledge of his planned trip.

He told me that Ed was going to give a talk at the region’s annual fund raising dinner and that prior to the dinner he had invited the media to join him at a local coffee shop to listen to a conversation he planned to have with a minimum wage worker. The point of the conversation was to show how difficult it was for a minimum wage worker to get on in life.

There was only one problem. No one had been able to locate a minimum wage worker for Ed to talk with.”

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

Who Will Be UKIP’s Mayoral Candidate? Who Will Be UKIP’s Mayoral Candidate?
Blair ‘Should Face War Crimes Trial’ Blair ‘Should Face War Crimes Trial’
WATCH: Ted Heath’s Whip Boasts of Paedo Cover-Up WATCH: Ted Heath’s Whip Boasts of Paedo Cover-Up
Owen Jones: The Right Are Scared of Corbyn Owen Jones: The Right Are Scared of Corbyn
Burnham Could Quit After 5 Years Burnham Could Quit After 5 Years
Burnham’s £1,000 Armani Suit Burnham’s £1,000 Armani Suit

Edward Heath Child Abuse Probe Edward Heath Child Abuse Probe
Andy Burnham Doesn’t Know 7 x 8 = 56 Andy Burnham Doesn’t Know 7 x 8 = 56
Watson Forgets His Own Cock-Up Watson Forgets His Own Cock-Up
Corbyn’s Counter-Revolutionary Corbyn’s Counter-Revolutionary
How Diane Remembers Jezza How Diane Remembers Jezza
Abby Turns Fandy Abby Turns Fandy
Just Good Comrades? Just Good Comrades?
ENERGY MINISTER TOTTY WATCH: LAS VEGAS EDITION ENERGY MINISTER TOTTY WATCH: LAS VEGAS EDITION
DIANE ABBOTT FORGETS SHE DIDN’T THINK CORBYN COULD WIN DIANE ABBOTT FORGETS SHE DIDN’T THINK CORBYN COULD WIN
NATWEST’S ONLINE BANKING CRASHES ON PAYDAY NATWEST’S ONLINE BANKING CRASHES ON PAYDAY
OWEN JONES: LIE-RA OWEN JONES: LIE-RA
GMB UNION SUE UBER GMB UNION SUE UBER
Who Will Be UKIP’s Mayoral Candidate? Who Will Be UKIP’s Mayoral Candidate?
Meanwhile, in Venezuela… Meanwhile, in Venezuela…
TWITTER EMPLOYEES JUMP FROM SINKING SHIP TWITTER EMPLOYEES JUMP FROM SINKING SHIP
Times Trolls Burnham Times Trolls Burnham
CHAMPAGNE SOCIALISTS BACK CORBYN CHAMPAGNE SOCIALISTS BACK CORBYN
SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING
ALL CHANGE AT GREEN PARTY HQ ALL CHANGE AT GREEN PARTY HQ
I Can’t Believe He’s Not Tory! I Can’t Believe He’s Not Tory!
UBER DESTROYING RACIST TAXI INDUSTRY UBER DESTROYING RACIST TAXI INDUSTRY
Could Labour Fall Apart Under Corbyn? Could Labour Fall Apart Under Corbyn?
Hilarious Prankster Hilarious Prankster