Chris Dillow explains that Marxism is increasingly relevant in today’s politics because the middle class has become part of the working class. It has its drudge work, maybe some money to invest in a house […]
For all its claims of being a science, Wren-Lewis, borrowing from Dani Rodrik, sees economics also as a craft: ” If you do not apply the craft well, then what can replace it is ideology, […]
The current prime minister of Iceland sold over a million Euros in assets in the Glitnir bank just hours before the the state took control of the collapsing bank in 2008 Read here
From The Guardian What Owen Jones writes about the British media probably holds true for the media in most European nations. Read here
The risks of a private debt crisis in the United Kingdom are real enough. But the existential threat is that this will happen together with the bursting of the greatest asset bubble in the UK’s […]
Once again the European Union demonstrates that commerce and the money that the car industry is raining upon political parties is more important than the health of its citizens. Once again it is the citizens […]
Decades of neoliberalism leave Britain with high inequality and the worst investment and productivity performance in the developed world. Reconstructing this broken economic system requires a comprehensive policy mix based on public investment and labour […]
58% of Londoners in poverty live in a working family. This is a 50% increase over the last decade. This equates to 1.3 million people. Read here
From The Guardian Europe is facing its biggest crisis since the Balkan wars. But no conflict is intractable, and the broad principles for resolving it are the same as they were in Ireland. Read here […]
‘Open door for forces of finance at the ECB’ reveals that the advisory groups counselling the European Central Bank are dominated by representatives of some of the most influential global financial corporations. Read here
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