Tagged: James Zucollo

Cost-benefit analysis and impartial umpires - The Dismal Science

Eric Crampton Dec 23, 2014

James Zuccollo writes on the UK's Office for Budget Responsibility:In contrast to his fiscal rules, Osborne has had enormous success with his greatest fiscal innovation: the Office for Budget Responsibility (OBR). It was created in 2010 and has been successful in curbing the problems of over-optimistic forecasts that plagued the Treasury through the 2000s. Its ruthless transparency has lent … Read More