To avoid economic blackmail by the markets, any socialist government would need to impose limits on the movement of money by investors.
Read here
Austerity
Trades Union Congress – Unsecured debt hits new peak of £15,400 per household – new TUC analysis
With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit. Read here
Economics
Prospect Magazine – Back to school: 13 top economists on the one idea economics still has to learn
There are some good bits and pieces in here. Read here
EU politics
Chris Dillow: On class difference
Some good ideas in this. Read here
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