Economics
Larry Elliot: Think our governments can no longer control capitalism? You’ve been duped
In reality there has been a class war, in which the right has spent decades using the state to undermine workers. We can fight back Read here
Larry Elliot
Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
Economics
Larry Elliot: We’re being hurt by the fixation on economic growth at all costs
This is a problem that we all have. We know that GDP is the wrong metric, but we still use it. It is like flying. Everyone know this is one of the worst causes of […]
Austerity
Larry Elliot: For the UK economy, this budget is its Suez moment
The British Conservative Party has proven what every critical economist has been saying for years. Now it has become clear for all to see that the Tories’ claim that they could cut the economy back […]
Economics
Larry Elliot: In Second Gilded Age, Trump shows no sign of taking on rigged system
Do not be distracted by the title. This is an excellent article explaining the current Second Gilded Age and the ‘Medici vicious circle’, where money is used to get political power and political power is […]
Finance
Larry Elliot: Missing pay rises: the ever deepening economics mystery
Well explained, simple to understand. Elliot looks at the consequences of the Phillips Curve not functioning. This would mean central banks have no idea what are the consequences when increasing their interest rates. Read here […]
EU politics
Larry Elliot: Labour has a once-in-a-generation opportunity, and the Tories know it
People in Britain are ready for a radical change. The Tories are politically bankrupt, which most everyone seems to agree on. Trying to brand Corbyn a Marxist throwback who wants to turn Britain into Venezuela […]
Finance
Larry Elliot: Is the Bank of England losing its way?
From The Guardian Central bank infallibility was always something of a myth. Much of the decline in inflation in the 1990s and early 2000s was due to globalisation rather than the brilliance of central bankers. […]