Lunchtime list for June 15th

Here are the articles and web pages the Talk Issues team recommend today: Football: a dear friend to capitalism – This article is what happens when a humourless, politics-obsessed academic encounters the World Cup. It's all a gruesome capitalist distraction, apparently. Merkel’s paralysis – German Chancellor Angela Merkel is facing difficult pooitical times as her […]

Lunchtime list for June 14th

Here are the articles and web pages the Talk Issues team recommend today: The lost art of democratic debate – A TED lecture by Michael Sandel (at Slugger) on the marginalised role of citizens' moral opinions in democratic discussion. Germany’s mindset has become solipsistic – Jürgen Habermas discusses the "perilous self-absorption" of Germany during the […]

Lunchtime list for June 9th

Here are the articles and web pages the Talk Issues team recommend today: Heffer on the EU: Nostradamus he ain’t – One of our own pieces on a hysterical prediction of the future by Simon Heffer, written in 2003. Find out about the gangs of armed EU police who will be roaming the streets attacking […]

Lunchtime list for June 8th

Here are the articles and web pages the Talk Issues team recommend today: It’s Angela Merkel’s euro-party, and she’ll cry if she wants to – Charlemagne at the Economist considers the choreography around the German goverment's "biggest austerity programme since the war". Will the Euro be saved by a lot of economic integration, or even […]

Lunchtime list for May 31st

Here are the articles and web pages the Talk Issues team recommend today: Peak State and The Valley of Nobody Knows – Adil Abrar from Sidekick Studios has joined the blogging team at The Big Society, and his first post is an interesting meditation on the similarities between energy policy and Big Society: both have […]

Lunchtime list for May 26th

Here are the articles and web pages the Talk Issues team recommend today: The collapse of the euro would open the door to democracy – Lots of euro stuff recently, much from a technical perspective, so here's a counterbalance in a traditional UK-Eurosceptic article from Simon Heffer. His thesis: that the end of the Euro, […]

Lunchtime list for May 25th

Here are the articles and web pages the Talk Issues team recommend today: Worst performing parties in the 2010 British General Election – Le Poulet Noir writes a piece about the least successful parties in the recent General Election. Slightly to my surprise, on average votes per candidate, the BNP just beat UKIP – though […]

Lunchtime list for May 24th

Here are some thoughts on lunchtime reading for today: In the loop: Twitter’s transformation of British politics – The Independent’s John Rentoul writes about how his work of covering UK politics has been transformed by Twitter. Europe’s debt crisis and Keynes’ green cheese solution – Well-timed for today’s UK spending cuts announcement, Thomas Palley writes […]

Pretending to control interest rates

Conservative Home has the highlights of David Cameron’s interview with the Express this morning.

One of the points Mr Cameron makes is that he will never allow the UK to join the Euro. He says:

“I was in the Treasury when we were in the Exchange Rate mechanism, and I said to myself: “Never again should we give up control of our domestic interest rates.” If I am Prime Minister and for as long as I would be Prime Minister, I would never take Britain into the euro, full stop, end of story.”

This is an odd statement, not because of its dogmatic certainty (he is talking to the Daily Express, after all) but because when Mr Cameron worked for Norman Lamont, the Chancellor did control domestic interest rates. Since interest-rate powers are now with the Bank of England, Prime Minister Cameron will not be able to control them.