Simon Wren-Lewis: The micro incompetence of UK austerity

Rodrik does not go far enough in his analysis. The problem is that the traditional Left, especially in Europe, has become completely corrupted. It has been occupied by opportunists who have one goal: getting rich. […]

Consumer price index, September 2022: +10.0% on the same month a year earlier (provisional) +1.9% on the previous month (provisional) Harmonised index of consumer prices, September 2022: +10.9% on the same month a year earlier […]

What I mean is simply that (some form of*) capitalism suits some countries better than others. And perhaps the UK is not one of these. Read here