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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EU politics
Robert de Vries and Aaron Reeves: Why do people care more about benefit ‘scroungers’ than billions lost to the rich?
The authors identify a phenomenon that we saw in the election of Donald Trump as president of the USA: People identify with the rich and powerful – to which they will never belong – rather than […]
Deregulation
Simon Wren-Lewis: How Neoliberals weaponise the concept of an ideal market
Using Colin Crouch’s new book “Can Neoliberalism Be Saved From Itself” as a starting point, Wren-Lewis re-examines his own definition of neo-liberalism. He comes to the conclusion that neo-liberalism is the misuse of the ideal […]
Environment
George Monbiot: Black Friday is right: our relentless consumption is trashing the planet
When you hear that something makes economic sense, this means it makes the opposite of common sense. Those sensible men and women who run the world’s treasuries and central banks, who see an indefinite rise […]
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