Category Archives: UK Economy

Discussions specifically about the UK economy.

Friday lay day – when governments act outside the law they just change the law!

Its my Friday lay day. This week I have written a few (very) long blogs on what I consider to be significant topics. I have been writing on topics that have a direct bearing on what is happening within the … Read the rest of this entry »

Posted in Climate change, Eurozone, Friday, Politics, UK Economy | 10 Comments

Correcting political ignorance and misperceptions

Apparently, voters hate fiscal deficits, associate them with squander and want them to be cut, so that nations can live within their means. Any attempt to run foul of that essential wisdom will come to grief. So all you ‘left’ … Read the rest of this entry »

Posted in Politics, UK Economy | 25 Comments

Jeremy Corbyn must break out of the neo-liberal framing

Two articles in the UK Guardian this week summarise what is going on with the British Labour Party at present. The first (August 3, 2015) – Jeremy Corbyn’s supporters aren’t mad – they’re fleeing a bankrupt New Labour – refutes … Read the rest of this entry »

Posted in Economics, Politics, UK Economy | 32 Comments

The damage of the Thatcher sea-change

When socio-economic historians reflect back in the decades to come, they will see the insanity that ruled the economic policy choices that have been taken in the last three or so decades more clearly than we seem to be able … Read the rest of this entry »

Posted in Economics, UK Economy | 23 Comments

The concept of ‘one Europe’ under threat from austerity

The EU Flash Barometer surveys provide information about public opinion in Europe. The latest Survey(No. 418) – Introduction of the euro in the Member States that have not yet adopted the common currency – shows how confused people are in … Read the rest of this entry »

Posted in Britain, Eurozone, UK Economy | 18 Comments

Seeking zero fiscal deficits is not a progressive endeavour

There was a most extraordinary Opinion piece in the British paper The Independent last weekend (June 13, 2015) – Labour should have managed the economy better when in power. It was written by the aspiring Labour spokesperson on business, innovation … Read the rest of this entry »

Posted in Economics, UK Economy | 15 Comments

George needs a bowl of Cornflakes! Colloquially speaking that is!

In 1723, a rather bizarre book was published in London (and then reprinted in Boston a year later) called Onania; or, The Heinous Sin of Self-Pollution, And All its Frightful Consequences, in both Sexes, Considered: With Spiritual and Physical Advice … Read the rest of this entry »

Posted in UK Economy | 27 Comments

The myopia of fiscal austerity

When I was studying in the UK during the dark Thatcher years there was a rat plague in Manchester. The reason was traced to the public spending cuts that had led to the reduction in rat catchers/baiters who had worked … Read the rest of this entry »

Posted in UK Economy | 22 Comments

Time to end the human rights atrocity in Gaza

There were three new data and analysis releases in the past week in advanced Western nations (the US, the UK and Australia) that indicate that the policy settings that are in place are not delivering prosperity and should be changed … Read the rest of this entry »

Posted in Economics, Politics, UK Economy, US economy | 22 Comments

The existential crisis of Labour-type political parties

At one point in my student days anyone who wasn’t reading Marx on a particular day, was reading Satre, Camus and Merleau-Ponty, among others, at least in the groups that I mixed in. But then they were also reading Dostoyevsky. … Read the rest of this entry »

Posted in Economics, Politics, UK Economy | 39 Comments