With British household debt reaching a new high, it did not really need an ecnonomist to explain this. But in this time of Brexit hysteria the obvious becomes arcane and the ridiculous becomes a story in the Guardian.
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Economics
Prem Sikka: The takeover of GKN shows that the UK can’t build a sustainable industrial policy without reducing shareholder power
Does the UK have an industrial policy? Such a question is likely to become more acute as the UK seeks to forge new priorities to compete in the post-Brexit world. An answer can be teased […]
EU politics
Reuters: Luxembourg wary of EU anti-money laundering plan, Denmark in favour
Every time financial issues com up they become bogged down in controversy and then fade away. We have seen this with the transaction tax, tax evasion, and now money laundering. Read here
Austerity
Thiemo Fetzer : Tory Austerity And Welfare Cuts Like Bedroom Tax Directly Caused Brexit, New Study Finds
Better late than never. Was Brexit then just a repudiation of UK austerity, or did voters understand the the political establishment in Britain were also part of broader EU policy? Read here
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