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Economy

Future growth for Britain

3 October 2019

A new study from a French bank predicts a science and technology boom in Brtain over the next two decades. Unlike many reports into Brexit, it looks at the long term and predicts a positive future.

Euro finance shock - more to come

26 March 2019

The EU’s financial weakness from earlier financial crises reappeared at the end of 2018 after the European Central Bank announced that growth would be lower than expected and inflation higher. That was a dress rehearsal for what is to come.

Active policy for Britain

20 December 2018

In this book Professor Philip Whyman makes the case for rebuilding Britain as an advanced industrial economy by rejecting options that tie the government to EU control.

A new vision needed

19 December 2017

This report from IPPR gives a good, detailed analysis of our situation. It rightly suggests we need a new economic approach, but says too little about what must be done to put things right.

Real wages falling, says Governor

14 December 2016

Mark Carney, Governor of the Bank of England, identified last week that real wages in Britain have fallen for the first time in 150 years.

'Owner-employees' fiddle to go

14 December 2016

The government has abandoned the attempt to spread the concept of “owner-employees”, introduced four years ago by the Coalition government.

Network Rail: sleight of hand

25 April 2016

The government is revaluing Network Rail’s balance sheet in a transparent attempt to shore up its own crumbling accounts.

Trade gap with EU widens

14 March 2016

 The latest round of trade figures issued last week dramatically underlined the reality behind Britain’s unequal trade with the European Union.

Trade deficit on the rise, again

11 February 2016

The trade deficit rose again in the final quarter of last year, pushing above the previous year’s total according to figures released by the Office for National Statistics on Tuesday.

Here comes another crash

12 October 2015

The US Federal Reserve is preparing to raise interest rates, even though this would destabilise already fragile economies across the world – which are being told to prepare for a rise in corporate failures.

Not a real change

25 August 2015

This book by Christian Felber, an economist and university lecturer in Austria, outlines an “alternative” to the economic chaos and social suffering caused by financial capital. Some of his ideas are utopian; but there’s also stimulating thought about how to mitigate capitalism’s callousness.

No good comes from the rich

26 July 2015

All parliamentary parties hold the view that very rich people are good for the economy. By implication workers can only hope to have crumbs from the table. That’s never been a convincing argument – and this book from Andrew Sayer shows how the opposite is true.

New figures show scale of production crisis

29 May 2015

The economy grew by just 0.3 per cent in the first quarter of 2015, said the Office for National Statistics on 28 May, confounding – as ever – predictions from City analysts, who had been expecting higher growth.

EU membership: Britain’s choice

29 May 2015

The paper that won the Institute of Economic Affairs’ 2014 Brexit Prize argues that Britain could thrive outside the EU by improving our links with the rest of the world

Blundering to disasters

2 May 2015

This excellent book, recently updated, is a manual of policy-making and implementation. It analyses many of the most conspicuous policy disasters committed by governments in recent decades.

Welcome to the zombie economy

16 March 2015

A new book exposes the devastating impact of austerity across society, though it places too much faith in restoring the lost world of social democracy.

A dangerous idea

This book from a professor of international political economy recounts the intellectual and practical history of austerity and judges it a dangerous disaster. The author shows that austerity does not work as advertised. It does not reduce debt and does not promote growth; instead budgets are cut, economies shrink.

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