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Tag Archives: culture
A question from Tallinn
Will the de-growth argument come back any time soon? An idea whose time seemed to have arrived five or so years ago now rarely dare raise its head. And yet with UK GDP this year now expected to be just … Continue reading
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Tagged carbon, crisis, culture, de-growth, green economy, growth, inequality, living standards, network, stagnation
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Putting the genie to work
The genie is being readied for release. Hedge managers want the Bank of England to create some inflation. The incoming governor of the Bank is known to be sympathetic to a more active central bank stance, and the Chancellor will … Continue reading
A tale of two economies
As economists in the UK ponder why anaemic recovery is accompanied by rising private sector employment, in the US better growth is coming through the standard route of improved productivity. The FT reports that businesses funded by the American Export … Continue reading
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Tagged consumers, crisis, culture, de-growth, growth, network, productivity, recovery, unemployment
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Shifting gear to the slow economy
By the end of 2013 we had no more than reached the point where GDP was 0.6% above its 2010 level and 3% below the 2008 peak. The trade deficit widened to £3.6bn in November from £2.5bn in October, despite … Continue reading
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Tagged bikes, consumers, crisis, culture, de-growth, debt, productivity, underemployed, unemployment
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Localism v the State
All previous blogs have been leading up to this question – can the State, in its current form – the nation state – cope with this crisis? I think there are at least three reasons to think that it might … Continue reading
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Tagged cities, crisis, culture, green economy, infrastructure, localisation, nation state, network, participation, social enterprise
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The imperative of recovery
The PM has put us on a ‘war footing’ for recovery. Lack of growth, it seems, is as serious a threat as invasion. This state of emergency has been translated into a familiar attack on red tape and planning – as … Continue reading
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Tagged crisis, culture, growth, inequality, infrastructure, recovery, stagnation, well-being
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Demand more not more demand
Last week’s major UK economic news was the publication of trade figures showing exports failing to drive the economy back towards growth. What caught my eye was exports falling in every one of the UK’s 10 biggest markets – so not a … Continue reading
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Tagged crisis, culture, debt, deficit, downturn, green economy, growth, infrastructure, investment, productivity, QE, well-being
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Crisis? What Crisis? 