Why do people still respect politicians? Or even feel sorry for them even though they work against the public interest and are thoroughly corrupt? Chris Dillow provides some answers.
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Chris Dillow: Biased to the Powerful
Economics
Hilary Wainwright: Beneath the Pavements, the Beach?
This is a long read, thus we postponed posting it until the weekend. In this piece Hilary Wainwright assesses the legacy of the political movement of 1968, coming to the conclusion that despite all attempts […]
Economics
Bill Mitchell: The British Labour Fiscal Credibility rule – some further final comments
There is no doubt that “the markets” will viciously attack Britain. The question is, what to do? That the Labour Party would prefer not to be confronted with this problem and is trying to appease […]
EU politics
The Guardian: Young people are borrowing to cover basic living costs, warns City watchdog
The economic situation of young people between 18 and 34 in Britain is deteriorating. Their indebtedness and over-indebtedness are increasing rapidly, but not because they are necessarily living beyond their means, but simply to meet essential […]
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