Strivers Tax and Coalition’s Fiscal Failure
When he delivered his Autumn Statement the Chancellor was forced to admit he had failed. Far from securing the recovery, he had to admit that not only has the economy flatlined over the last two years...
View ArticleCo-operative Councils, Empowering Local Communities
Public services are at a turning point. The money’s run out just as our ageing population and rising unemployment mean there is more demand for social support than ever before. We need to find ways to...
View ArticleMinsky: Money, Banks and Debt Crucial to Understanding Economics
The start of the financial crisis in 2007 has often been described as a ‘Minsky moment’, named after the late American economist Hyman Minsky. Minsky challenged mainstream theory about the way business...
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On Money, Banks and Social Justice, The Real Challenges Ahead
A review of ‘Where Does Money Come From?’ (2nd edition 2012). By Josh Ryan-Collins, Tony Greenham, Richard Werner and Andrew Jackson. New Economics Foundation. Money is at the source of the greatest...
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Mark Carney and the Bank of England: The Challenges Ahead
Educated at Harvard and Oxford University, having experienced a successful period of just over five years as governor at the bank of Canada, Mark Carney soon stepped into the role of governor at the...
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The Dawn of Virtuous Finance and the Public Good
“Virtuous” banking would transform finance and the public good EDITORIAL: Yet another major financial institution made the headlines recently with Lloyds Banking Group’s £218 million fine, paid to the...
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Editorial: On Course…for the Rocks
On course…for the rocks The Chancellor declared in his Autumn Statement that Britain was on course for a budget surplus, growth and national recovery. Yet at the outset he had staked his credibility on...
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A Dynamic Rebalanced Economy Supporting Strong Public Finances
Labour supports a dynamic, rebalanced economy with strong public finances A BETTER PLAN FOR BUSINESS: A Dynamic, Rebalanced Economy with Strong Public Finances The first day of the 2015 general...
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A crisis of confidence in the European project
Greece is in a mess primarily because successive Greek governments failed to take the tough measures necessary to modernise the country’s economy and institutions. If the country was not in the...
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