Today’s childcare announcements have been framed as essential to making it worthwhile for parents to move into work. Nick Clegg says that “many mums and dads simply can’t afford to work”. For parents in the lower half of the income distribution, it’s true that childcare costs make a huge dent. But this measure is suspiciously cheap argues Ian Mulheirn.
Two things are striking about yesterday’s report of the LSE Growth Commission. The first is the very strong implication of its conclusions that the path to future prosperity is decidedly one involving, indeed demanding, government involvement in the econo
