Belated congratulations to Centre Forum, and in particular Giles Wilkes, for winning Prospect Magazines' Think Tank Publication of the Year Award for A Balancing Act: Fair Solutions to the Modern Debt Crisis. One of the many things I meant to do this summer was to write a review of this pamphlet. It is a highly readable account of the financial mess we are in and challenges a lot of assumptions - in particular George Osborne's apocalyptic insistance that cutting public borrowing is the main priority and that the situation is analogous to where the UK was at in the late-70s/early-80s. It also proposes the introduction of a property tax - albeit at a higher rate than the one Vince Cable is now proposing. It is a well deserved award and congratulations to all concerned.
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