Tag Archives: underemployed

Booming Britain

Economic recovery is now widely accepted as well underway. Turns out there was no double dip and growth has been better than expected so far this year. The week-end papers are full of stories of recovery in the services sector, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

London calling

Major development in the city autonomy drive this week with a report from Tony Travers and team on the London Finance Commission, calling for the Treasury to hand £12bn of tax revenue to the GLA including the full suite of … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

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

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

21 hours

Most debate on the Left about routes out of the crisis have been to do with the conventional use of national government / state mechanisms – such as tax raids, more interventionist use of fiscal policy or heavier use of regulation … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Jobs without growth

One of the many bizarre notions in orthodox economic theory is that workers make free decisions about how much labour they ‘choose’ to provide. If that theory applied in the UK today, it would have to explain why people are … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment