Policy

I have contributed to a number of policy debates and have received notable coverage in the following areas:

  • Competitiveness and entrepreneurship policy
  • Flat taxes, corporation tax and public finance
  • NGDP targets and free banking

My work on nuclear energy, and the potential role of SMR’s for Croatia, was covered by Open Access Government. And my advice on competitiveness was presented in a joint conference with the Minister of Finance.

My call for the Bank of England to abolish the Monetary Policy Committee was covered on the front page of the The Daily Telegraph and City AM and prompted an invitation to give a guest lecture to the Bank’s staff. I provided a comprehensive proposal for the UK to adopt nominal GDP targeting and it was covered by Forbes, CNBC, Bloomberg, Moneyweek, and discussed on Bloomberg TV.

You can read my 2017 submission to the Treasury Select Committee here.

I served on the 2020 Tax Commission which advocated a single income tax, and won the $100,000 2013 Templeton Freedom Award. My back of the envelope calculations on the counter intuitive idea that corporation tax harms workers was featured on Page 3 of The Sun, and contributed to the fact that from 2012-2017 the UK government cut it from 28% to 19%. This coincided with revenues rising by 44%. In September 2022 the government decided to keep corporation tax at 19%, for more see here.


Policy reports

What happened in Belarus?” GCRF COMPASS Policy Brief, 25 November 2021


Harnessing nuclear power to meet Croatia’s energy needs” Energy Management Centre Working Paper No. 32, July 2020

  • Submitted to the lead project coordinator for the International Atomic Energy Agency Technical Cooperation Project RER2017, July 2020 (for some background see here).
  • Covered by Open Access Government, January 22nd 2021 (see here)

A Belarus Monetary Perspective” Markets and Money Advisory, March 2018


Monetary Policy After the Crash” Adam Smith Institute, February 2018


Sound Money: An Austrian proposal for free banking, NGDP targets, and OMO reforms” Adam Smith Institute, 2016


In Search of Austerity: An Analysis of the British Situation” Mercatus Center, October 2012


The Single Income Tax” 2020 Tax Commission, May 2012 [I served as a commissioner]

  • Winner of the 2013 Templeton Freedom Award
  • “Business backs single income tax rate of 30%”, Financial Times
  • “Boost growth with 30pc flat rate, Osborne told”, Daily Telegraph
  • “Plan for 30% levy and end of stamp duty; The single tax rate”, The Times
  • “Tax shake-up urged to empower consumers and kick-start growth”, The Independent
  • “The Tax Reform Britain Needs”, Wall Street Journal Europe
  • “Calls for single 30% tax rate”, Daily Mail
  • “Tax cuts ‘booster'”, The Sun
  • “Demand for tax shake-up to aid recovery”, Sunday Express
  • Also covered by Sky News, BBC Two’s Daily Politics, BBC News Channel, ITV News.

Corporation Tax” 2020 Tax Commission Briefing Note, April 2011

  • Also covered on Page 3
  • Impact: in 2008 the rate of corporation tax was 28%. In 2011 successive UK governments started to reduce it, firstly to 26% and then to 24% in 2012, 23% in 2013, 21% in 2014, 20% in 2015, and 19% in 2017. During this period tax revenue rose by 44%. The experience during the 2010s is that lower rates coincided with higher revenues. See here for more.

Public Attitudes to Banking” The Cobden Centre, June 2010


2 days, 2 weeks, 2 months: A proposal for sound money” The Cobden Centre, June 2010


Enterprising Britain: Building the enterprise capital of the world” (with Davide Sola and Adina Poenaru), independent report for the Conservative Party, February 2008

See the interim report, published in October 2007, here.


Are Tesco Acting Competitively?” (with Toby Baxendale), submitted to the Competition Commission, December 2007 [Groceries Market – Third Party Submissions]


Sharpening the Thinking on the UK Audit Industry”, submitted to the Financial Reporting Council, May 2006 [Responses to Discussion Papers]