sweden Archives - Emile Woolf writes

Lost production cannot be retrieved

ECONOMIC PERSPECTIVES – 76 Can lost production ever be recovered? EMILE WOOLF – APRIL 2020 It’s easy to blame Covid-19 virus for the nation’s woes and, up to a point, that’s understandable. People who focus exclusively on the nation’s health tend to pay less attention to the economic damage wrought by Coronavirus, even though that […]

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Audit scope: common sense beats rules every time

The argument about auditors’ contribution to the 2008 debt crisis is still unresolved, and it will remain so until the central question of audit scope is addressed. The traditional perception that auditing has an historic focus merely entrenches its uselessness in the face of a radically altered commercial environment and risk levels that demand a […]

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Reduce the deficit? Then reduce waste in public finances

The question of public sector finances has descended into an irrational bunfight. Watch the “contestants” hurl abuse at each other on “Question Time”. Last month I was invited by Eddie Mair of Radio 4’s PM programme to comment on the level of senior salaries in the public sector. My observation that taxes raised from the […]

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