Politics 1 May 2012 Opinionomics | 1 May 2012 Must-read comment and analysis. Featuring Paul v Paul and Ha-Joon Chang. Print HTML 1. Cutting red tape and taxes will not revive Britain (Guardian) Without completely rebuilding its economic model, the future of the British economy is bleak, writes Ha-Joon Chang. 2. What makes health-care and education costs similar to each other — and unlike anything else Washington Post | Wonkblog) Ezra Klein looks at the similarities between health care and higher education. Are costs for both spiralling out of control because of government intervention – or despite it? 3. Lloyds almost off addiction to taxpayer loans (BBC News) Robert Peston writes about the good news for taxpayers in Lloyds' latest results. 4. Economy Face Off: Ron Paul vs Paul Krugman (Bloomberg) Twenty minutes of Paul v Paul. It's like a clash of the titans, if one of the titans wasn't actually a titan but just had a lot of people on the internet who thought he was. 5. No alternative to austerity (Financial Times) Gideon Rachman sticks his head in the sand. › Boris pulls ahead in the polls An emergency department in Washington DC. How similar is it to a university? Photograph: Getty Images Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter. Subscribe More Related articles Leader: On capitalism and insecurity No economy is an island: why Britain's finances now depend on Europe Cabinet audit: what does the appointment of Philip Hammond as Chancellor mean for policy?