While George Osborne is crowing about the success of austerity, Simon Wren-lewis examines the high costs of Osborne’s failed economic policy.
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Simon Wren-Lewis: The economic and political cost of UK austerity
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
Paul Mason: British Labour’s radical left must fight the rise of a new machine politics
If you wish to know about what is going on in the Left of the British Labour Party, this piece provides a good insight. Read here
Austerity
www.parliament.uk: Carillion paid out £6.4mill to advisors before £10mill taxpayer bailout
The collapse of Carillion, one of the UK’s largest leading construction and service companies, has resulted in important analyses concerning transferring public services to private companies. One of its directors claimed that putting money into […]
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