A former adviser on the 250 words Jeremy Hunt should read out at the budget
They would ensure that bad fiscal policy was bad politics, says Tim Leunig
FISCAL RULES became fashionable in the 1990s, and now exist in every advanced country and most others. Britain’s first fiscal rule came with the 1992 Maastricht Treaty, which paved the way for a single European currency. Its first domestic rule dates to 1997.
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From the March 9th 2024 edition
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