The madness of raising interest rates to tackle inflation caused by the war in the Gulf continues worldwide. As The Guardian reports this morning: The
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As I say on fiscal rules in the glossary to this blog: Fiscal rules are targets set by governments to limit borrowing, debt, or deficits
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Neoliberalism promised us prosperity, security and freedom through markets. Increasingly, it is delivering insecurity instead. So what does it have left to offer? Fear. And
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Martin Wolf used his FT column this morning to demand that Labour increase taxes in this country. He did not do so to address the
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According to the FT, UK Chancellor of the Exchequer John Healey will claim today that, and I quote, “Britain is about to enter “a new
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I watched Laura Kuenssberg’s interview with Andy Burnham before the Labour Party conference started yesterday. It was a dispiriting event that did neither of them
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Why should money earn interest simply because somebody owns it? We usually treat interest as a natural and inevitable part of the economy, but in
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I have a new podcast out with Prof. Radhika Desai: I really enjoyed this conversation. Like my conversations with John Christensen, I think this is
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I said I would go birdwatching yesterday. And I did. There are four types of geese in this photograph: greylag, Canada, punk-footed and Brent (much
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