I agree with you but I was never impressed with him from the start. He flaunted his PPE degree and experience as if he is the king of economic know-how. Who the Beep is Lord Butler? His paper is ok, but what's it to be endoresed by Lord Butler? Butler is an undemocratically elected member and not an esteemed economist like even William Easterly, Ha-Joon Chang, Joseph Stiglitz, Paul Krugman, etc and he continues to flaunt his "endorsed by Lord Butler" paper.