GDP per capita is the fairest way to decide pay rises for MPs
From our UK edition
Hiking MPs’ pay is very much in vogue among certain sections of the SW1 chattering classes. The argument runs like this: politics suffers from a talent problem, parliament is packed with mediocrities. If MPs were paid more, they say, Britain might attract a higher calibre of candidate – the sort typically found in the private sector – who, while more expensive, would ultimately deliver better results for the country. It is an argument with surface-level appeal. Politics is demanding, often thankless, and MPs’ pay has not kept pace with comparable senior roles elsewhere. But before rushing to sign off on higher salaries for politicians, taxpayers are entitled to ask a far more basic question: paid for what, exactly?