Until recently Ed Balls, Gordon Brown's right hand man at the Treasury, warned last week that forecasting the public finances is a "dangerous game". Forecasting is, alas, unavoidable if policy is to be set or analyzed sensibly; the danger is in making and explaining policy decisions without acknowledging that all forecasts are fallible.

Authors

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Robert Chote

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IFS

Suggested citation

Chote, R. (2005). Forget the rule, decisiveness would be golden: the Chancellor should head for tax rises [Comment] IFS. Available at: https://ifs.org.uk/articles/forget-rule-decisiveness-would-be-golden-chancellor-should-head-tax-rises (accessed: 1 July 2024).

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