Economics
Simon Wren-Lewis: Some thoughts about the Job Guarantee
Wren -Lewis looks at the economic effects of a permament Job Guarantee policy. Read here
Economics
Economics
Dan O’Neill – A Sustainable Economy
Economic growth remains the predominant policy goal in the UK. Section 108 of the Deregulation Act 2015 requires that any person exercising a regulatory function must have “regard to the desirability of promoting economic growth” […]
Economics
Philip Arestis and Malcolm Sawyer – Why Does the Euro Area Have Such Low Growth and High Unemployment?
Since its inception the euro-area economies have been marked by poor economic performance. The causes have been the austerity policy agenda, so called “structural reforms,” and the failures to resolves the current account constraints on […]
Economics
Richard Murphy – It’s time to borrow Mr Hammond
Following six years of austerity in the United Kingdom and the suffering it has caused millions of households and will cause millions more, Richard Murphy believes not only is it time to alter course, but […]
Economics
Dani Rodrik: Rescuing Economics from Neoliberalism
This is a further excellent piece concerning neoliberalism, what it is and why it does not work. Rodrik is of the opinion that there is no single neoliberalism. In fact the elements behind it are […]
Economics
Chris Dillow: INEQUALITY, INVESTMENT & TRICKLE DOWN
There are two economic theories that have been thoroughly discredited, but are still ubiquitous in mainstream media: austerity enables economic growth and giving the rich still more money results in a trickle-down effect creating a […]
Economics
Lars Syll – The ‘tiny little problem’ with Chicago economics
Unfortunately neo-classical economics, although discredited following the 2008 Global Financial Crisis, continues to dominate economic theory – probably because it is the fundament of neoliberal ideology. For over a quarter of a century neo-classical economists […]
Economics
Larry Elliot: In Second Gilded Age, Trump shows no sign of taking on rigged system
Do not be distracted by the title. This is an excellent article explaining the current Second Gilded Age and the ‘Medici vicious circle’, where money is used to get political power and political power is […]
Economics
Simon Wren-Lewis: What really caused the financial crisis
Wren-Lewis discusses Tam Bayoumi’s recent book “Unfinished Business” concerning the Great Financial Crisis: “What this analysis by Tam Bayoumi convincingly shows is that finance always has to be carefully regulated, and failures in regulation can […]
Economics