Let us not forget that Spain introduced a gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference much to the annoyance of the EU and heavily criticised by neo-classical economists. Look at Germany at 6.8%.
EU politics
Chris Dillow: The misplace Rumsfeld assumption
When she was told yesterday that some Universal Credit victims were being driven into prostitution, Esther McVey replied: Tell these ladies that now we’ve got record job vacancies – 830,000 and perhaps there are other […]
Austerity
Larry Elliott: The left must be bold and back a green new deal
Progressives were caught napping by the financial crisis. They cannot not be as ill-prepared next time Read here
Economics
Craig Stirling and Joel Rinneby: Eurozone’s Worst Year of Inflation Probably Ended With Respite
Some signs that inflation may have peaked. Read the article HERE.
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