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HomeNeo-Liberalism in the EUAusterity

Austerity

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Austerity

Chris Dillow – The austerity choice

November 4, 2022 Mathew D. Rose 0

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 […]

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Austerity

Richard D. Wolff: A Deficit Spending Scam Destroyed UK’s Prime Minister – Who’s Next?

November 1, 2022 Mathew D. Rose 0

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 […]

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Austerity

Simon Wren-Lewis: It makes no economic sense to keep shrinking the state without changing what the state is meant to do

November 1, 2022 David Shirreff 0

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

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Austerity

Steve Keen, Phil Dobbie – Ready for Austerity 2.0?

October 26, 2022 Mathew D. Rose 0

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 […]

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Austerity

Frances Coppola – When Populism Fails

October 20, 2022 David Shirreff 0

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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Austerity

Clara Mattei – The Capital Order: How Economists Invented Austerity & Paved the Way to Fascism

October 12, 2022 Mathew D. Rose 0

A talk based on Mattei’s recent book with the same title

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Austerity

Chris Dillow: Origins of the Tory implosion

October 9, 2022 Mathew D. Rose 0

The implosion of the Tory party suggests I was wrong. Read Here

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Austerity

Stephanie Kelton: UNCTAD warns of too much tightening

October 5, 2022 Ben Wray 0

The trade and development department within the UN has published a report warning the advanced economies to “avoid austerity” and “revert course and avoid the temptation to try to bring down prices by relying on […]

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Austerity

Jonathan Pie – A Statement of Intent

September 26, 2022 Mathew D. Rose 0

Jonathan Pie on British Prime Minister Liz Truss and her Chancellor Kwasi Kwarteng

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Austerity

Robin McAlpine – Children shouldn’t be hungry…

September 24, 2022 Mathew D. Rose 0

What we are currently witnessing in Britain is the capitalist class unchained. This was not what people who voted for Brexit wanted. It is neo-liberlalsim in its ultima ratio that has been common policy in […]

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Book Reviews

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Economics

Branko Milanović – “J’avais toujours raison”

October 31, 2025 0

A review of Raymond Aron’s “Memoires” Branko Milanović is an economist specialised in development and inequality. His new book, The Visions of inequality, was published October 10, 2023. Cross-posed from Branko Milanović’s blog Global Inequality and More 3.0 […]

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Geopolitics

Complicit – Britain’s role in Israel’s genocide by Peter Oborne

October 29, 2025 0

Book Review by Martin Shaw Cross.posted from Declassified UK As British people have turned against Israel’s destruction of Gaza, leading figures in its present and former governing parties still deny that Israel has committed even […]

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