Bill Mitchell: Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms

The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced […]

This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]

Privatisation in Britain has ended ih high prices, poor service, and the infrastructure in tatters. Yet the Conservative Party still sees it as a great British success. Read here