Friday 9 October 2009

Today

I woke up to Harriet Harman's voice in my ear; she was talking (on the Today programme) about all she thought she had done to increase women's employment. But she couldn't see the point of the other guest: that increasing equal opportunity bureaucracy for employers simply discouraged them from emplying as many women as they otherwise would. Unintended consequences flow from Government action. After 12 years she doesn't seem to know that.

A later guest, talking about the lack of investment in new power, made a similar point: if you keep changing regulations then firms lack confidence to invest. Regulation, he said, should increase certainty and reduce risk not the other way round.

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