The United Kingdom is waking up to a serious problem: Not only are their media hopelessly biased in its support of reactionary politics, but they are using think tanks that are being paid by the […]
It is good to read a piece by an economist, which puts politics back into austerity. Read here
This is a topic that Wren-Lewis has been pursuing himself for years: following the Great Financial Crisis British corporate Media changed the discourse from the irresponsibility of banks , to one of fiscal prodigality by […]
” The problem is that the senior managers, the auditors and the Board are not in prison and have not even suffered any financial loss.” Simon Wren-Lewis tells it like it is. Read here
Monetary policy is not working and much of the world economy is limping along waiting for the next crisis and recession. Recently we posted an excellent article on the necessity of fiscal policy by John […]
Why was austerity popular? “Many people would argue that the macroeconomic case for fiscal stimulus was complex, while simple analogies between governments and households were easier to grasp. However I have also argued that the […]
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
Why? Why have we been told for decades that people are fed up with state intervention and state run companies? It is not only the bubble politicians live in. Wren-Lewis fails to mention the integral […]
There is nothing wrong with a free market. There is when it has been corrupted by neo-liberalism resulting in monopolies and crony-capitalism. It then destroys the market, and that is where we currently are. Read […]
Wren-Lewis explains why the policies of Britian’s labour Party are not lunacy, but sound economics – for some policies of which he carries a share of responsibilty. Read here
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