Category Archives: Britain

Blogs about the United Kingdom

IMF continues to tread the ridiculous path

I am back in Australia now and I don’t have to stand on my head to write (a reference to the hassles of trying to maintain some order while travelling to different destinations on an almost daily basis). Last week, … Read the rest of this entry »

Posted in Britain, Fiscal Statements, IMF, UK Economy | 15 Comments

When 232 thousand becomes 630 – quite, simply horrifying Brexit losses

I read a lot of articles in the British and other press about how the Brexit camp lied or mislead voters about the benefits of Brexit. Apparently there is an immorality in the leave camp that led it to deliberately … Read the rest of this entry »

Posted in Britain, Eurozone, UK Economy | 17 Comments

Brexit doom predictions – the Y2K of today

The UK Guardian has been publishing a ‘Brexit Watch’ page for some months now claiming it is is a “look at key indicators to see what effect the Brexit process has on growth, prosperity and trade”. They wheel out some … Read the rest of this entry »

Posted in Britain, Fiscal Statements, UK Economy | 9 Comments

The conservative polity is fracturing – an opportunity for the Left

Regular readers will know that I have spent a lot of time writing about the demise of the Left political parties as they became subsumed with neoliberal economic ideology, which blurred the political landscape as the ‘centre’ moved to the … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, Reclaim the State, Reclaiming community, UK Economy | 13 Comments

British labour market – low unemployment hiding a deeper malaise

The British Office of National Statistics (ONS) published its latest labour market data last week (August 14, 2018) – Labour market economic commentary: August 2018. The results are illuminating because they demonstrate how we must use broad concepts to appraise … Read the rest of this entry »

Posted in Britain, Labour Force, UK Economy | 14 Comments

A twitter storm of lies …

This is my short Wednesday offering, which will be quite short considering the last two days have been (necessary) epics. My three-part series created somewhat of a social media storm, which means people are interested in the topic and I … Read the rest of this entry »

Posted in Britain, Demise of the Left, Fiscal Statements, Framing and Language, UK Economy | 37 Comments

MMT is just plain good economics – Part 3

This is the third and final part of this series where I examine claims made by senior advisors to the British Labour Party that a fiscal policy that is designed using the insights provided by Modern Monetary Theory (MMT) would … Read the rest of this entry »

Posted in Britain, Capital controls, Fiscal Statements, Framing and Language, Job Guarantee, UK Economy | 57 Comments

MMT is just plain good economics – Part 2

I am surprised at the hostility that Part 1 in this series created. I have received a lot of E-mails about it, many of which contained just a few words, the most recurring being Turkey! One character obviously needed to … Read the rest of this entry »

Posted in Britain, Central banking, Fiscal Statements, Framing and Language, Inflation, UK Economy | 42 Comments

The fundamental realignment of British society via fiscal austerity

In my analysis of the UK fiscal statement that George Osborne released on March 23, 2011 – I don’t wanna know one thing about evil (April 29, 2011) – I noted that the imposition of fiscal austerity in Britain meant … Read the rest of this entry »

Posted in Britain, Fiscal Statements, UK Economy | 26 Comments

Build it in Britain is just sensible logic

After my day in the sun as a poet, I am back to being an economist. I have been researching operational issues relating to how a society can take back control and Reclaim the State, as part of the work … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Reclaim the State, UK Economy | 25 Comments