Resolution Foundation, Cour des Comptes, Oxford, Sciences Po. Formerly HM Treasury & IMF. Views are my own
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Nov 8, 2019 • 17 tweets • 8 min read
1/15. Yesterday's flurry of fiscal policy announcements by the Conservatives & Labour included 2 conceptual revolutions in fiscal rules: net worth targets & debt interest/revenue caps (in blue below)
2/15. Both of these drew inspiration from a recent @resfoundation paper by @jackhleslie, @carapacitti, @JamesSmithRF & me on the next generation of fiscal rules for the UK.