Opinionomics | 17 April 2012

Must-read comment and analysis. Featuring minimum taxes and money taxes.

1. Inflation shows why it pays to follow Bank of England actions not words (Telegraph)

Ian Cowie points out that the Bank of England's actions – how it runs its pension fund, for instance – explain its attitudes to inflation far better than its words.

2. The Buffett Rule: Right Goal, Wrong Tool (New York Times)

Leonard E. Burman argues that the "Buffett rule" (and, to a certain extent, Osborne's tycoon tax) is a good policy goal, but would be better achieved by tightening loopholes directly

3. Export-led growth is so damn difficult (ToUChstone)

Richard Exell points out how bad our trade deficit is.

4. The buck shrinks here (Economist | Free Exchange)

Ryan Avent takes issue with Matt Yglesias' plan to, in effect, tax money to prevent depressions. His concern isn't with the political angle of it, but the economic.

5. "The Migration Myth" (Economist's View)

Mark Thoma collates some interesting writing on migration.

Argentine president Kirchner holds a sample of petroleum from the fields of renationalised oil company YPF. Credit: Getty

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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It's Gary Lineker 1, the Sun 0

The football hero has found himself at the heart of a Twitter storm over the refugee children debate.

The Mole wonders what sort of topsy-turvy universe we now live in where Gary Lineker is suddenly being called a “political activist” by a Conservative MP? Our favourite big-eared football pundit has found himself in a war of words with the Sun newspaper after wading into the controversy over the age of the refugee children granted entry into Britain from Calais.

Pictures published earlier this week in the right-wing press prompted speculation over the migrants' “true age”, and a Tory MP even went as far as suggesting that these children should have their age verified by dental X-rays. All of which leaves your poor Mole with a deeply furrowed brow. But luckily the British Dental Association was on hand to condemn the idea as unethical, inaccurate and inappropriate. Phew. Thank God for dentists.

Back to old Big Ears, sorry, Saint Gary, who on Wednesday tweeted his outrage over the Murdoch-owned newspaper’s scaremongering coverage of the story. He smacked down the ex-English Defence League leader, Tommy Robinson, in a single tweet, calling him a “racist idiot”, and went on to defend his right to express his opinions freely on his feed.

The Sun hit back in traditional form, calling for Lineker to be ousted from his job as host of the BBC’s Match of the Day. The headline they chose? “Out on his ears”, of course, referring to the sporting hero’s most notable assets. In the article, the tabloid lays into Lineker, branding him a “leftie luvvie” and “jug-eared”. The article attacked him for describing those querying the age of the young migrants as “hideously racist” and suggested he had breached BBC guidelines on impartiality.

All of which has prompted calls for a boycott of the Sun and an outpouring of support for Lineker on Twitter. His fellow football hero Stan Collymore waded in, tweeting that he was on “Team Lineker”. Leading the charge against the Murdoch-owned title was the close ally of Labour leader Jeremy Corbyn and former Channel 4 News economics editor, Paul Mason, who tweeted:

Lineker, who is not accustomed to finding himself at the centre of such highly politicised arguments on social media, responded with typical good humour, saying he had received a bit of a “spanking”.

All of which leaves the Mole with renewed respect for Lineker and an uncharacteristic desire to watch this weekend’s Match of the Day to see if any trace of his new activist persona might surface.


I'm a mole, innit.