While George Osborne is crowing about the success of austerity, Simon Wren-lewis examines the high costs of Osborne’s failed economic policy.
Read here
Simon Wren-Lewis: The economic and political cost of UK austerity
Economics
Eurostat: September Industrial production down by 6.9% in the euro area and by 6.1% in the EU year on year
Recession? What recession? Read HERE
Finance
The Seattle Times: Amazon puts high-profile Seattle plans on ice over proposal to tax large employers
Whatever happened to the high-tech heroes? Maybe it was just fancy public relations work to hide the true destructiveness of monopolists. Read here
Economics
Bill Mitchell: Where are all the economists? Its lucky they have gone AWOL
The ‘cost of living’ crisis has structural dimensions – the privatised essential services etc which has spawned profiteering at the expense of service quality and scope and has been a problem for several decades now. […]
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