Daily Archives: September 24, 2015

India doesn’t need extra stimulus, will grow over 8 percent: chief adviser | Reuters

September 24, 2015 By in Austerity, Business Administration, Central banks, Central Government, Euro Crisis, Fiscal Policy, People, Politics Leave a comment
Fiscal policy

Fiscal policy (Photo credit: Wikipedia)

According to Reuters, India does not need further fiscal stimulus to revive the economy, despite record low inflation and growth seen at the lower end of an 8.1-8.5 percent target this financial year, citing chief economic adviser Arvind Subramanian.

Source: India doesn’t need extra stimulus, will grow over 8 percent: chief adviser | Reuters

This is impressive stuff from India. It’s interesting that the Indian government is trying to balance fiscal responsibility AND 8% economic growth.

Perhaps Germany and the European Union can learn from India about responsible fiscal policy?

Thoughts?

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Young doctors must repay debt to taxpayers before moving abroad – Telegraph

September 24, 2015 By in Austerity, Business Administration, Democracy, Education, Healthcare, NHS, People, Politics, Public Services Reform, Reform Tags: , , , , , , , , , Leave a comment

This article claims that it is impossible to fill gaps in a hospital if every time you train up a replacement they leave, so the proposal is to restrict doctors’ mobility.

Source: Young doctors must repay debt to taxpayers before moving abroad – Telegraph

I take an exception with this article and think that young doctors have every right to vote with their feet.

For me, this is about supply and demand. In the UK’s public healthcare bureaucracy, there’s so much inefficiency that doctors want out. Good luck to them if they want to better themselves.

It’s about time that UK healthcare was properly challenged by competition and free market forces.

Thoughts?

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