Budget 2015 Economics

Sean Whelan: As the government knows all too well, you need an environment where people can work, create wealth, get paid and spend.

Fairy stories and economics shouldn’t mix. And yet, the enduring power of the fairy story to deliver life lessons makes it an invaluable aid to exposing the dark mutterings of the dismal scientists.

Last week’s budget is a case in point. While some went to Keynes, and others – more fashionably – went to Piketty for their analytical starting point, simple-minded folk like your humble scribe recalled the story of the goose that ...