Despite the claims and heralding that the IMF was becoming an enlightened institution, nothing has changed. Its practice of death and destruction is alive and well in Washington D.C. (where else?) Read Here
The demise of Trussonomics was a welcome victory for decency and common sense in a minor battle within a broader class war. Sadly, the class that Liz Truss tried to bolster with copious tax and […]
The UK Government is set to pay £80 billion to banks over the next two years for nothing. This highlights the urgent need for a rethink of monetary policy. Simon Youel is Head of Policy […]
How politicians blatantly manipulate data to carry through reactionary fiscal policy. Germany is seeing the same thing with the so-called “Bürgergeld”, a social welfare programmme for unemployment benefits. Richard Murphy is an economic justice campaigner. Professor […]
A long but excellent article concerning the effects of rising interest rates Read Here
Austerity: Coming soon to the EU nation nearest you. Chris Dillow is an economics writer at Investors Chronicle. He blogs at Stumbling and Mumbling, and is the author of New Labour and the End of […]
Why the British Conservative Party failed so miserably with its neo-liberal “Mini-Budget”, the principles of which had always worked before. Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and […]
Shrinking the state makes everyone worse off by reducing national income – some of that income loss in the past has probably become permanent Read Here Wikimedia Commons
With big-spending Boris gone, Britain’s new Prime Minister will almost certainly promote austerity 2.0, under the guise of fiscal conservatism. He won’t be alone in that, with governments the world over trying to reduce the […]
Although macroeconomic populism failed on Truss’s watch, she was neither its source nor its principal architect – that was Boris Johnson. And the source was George Osborne. [This prescient article was written before Truss’s resignation] Frances […]
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