Exact(8)
Yet London consistently gets twice the amount of central government funding than other English regions.
So ministers are now bypassing LEAs and pay an increasing amount of central government money directly to schools.
The plan would cut down on the amount of central government funding administered by councils, bumping up the proportion contributed by council tax payers, Tories claim.
This, added to the significantly greater amount of central control in the interests of the national sides, means Pro12 players are pulled in more directions than ever before, and their thinner squads will struggle to cope.
It turns out that the magic is made a little easier with a minimal amount of central coordination.
Werner plots the amount of central bank credit that's being created to get a "liquidity index" (see bottom chart).
Part of it is the increasing amount of central control, increasing bureaucracy with things like impact assessments, and the lack of freedom to do creative science.
One feature is that the Swiss economy is currently in a liquidity trap and the existing amount of central bank reserves is already very large.
Related(18)
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