Showing posts with label George Osborne. Show all posts
Showing posts with label George Osborne. Show all posts
21 October 2013

Deconstructing Austerity II. Jobs

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Aside from fallacious claims about reducing the national debt, the Conservatives' second claim to economic success--the creation ...
19 October 2013

Deconstructing Austerity I. Money

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The narrative of austerity as proposed by Osborne and his cronies is that our huge national debt is the responsibility of feckless Labour po...
2 comments:
30 September 2013

How Rising House Prices Serve George's Friends in the City

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There is a lot of controversy about the potential of the Help to Buy scheme to restart the housing bubble. I must say that I share this con...
7 August 2013

How is the Chancellor Engineering a Pre-Election Boom?

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After several years of dire economic news, suddenly, just about the time when parliament went into recess, the stories about the British eco...
1 comment:
24 April 2013

Greens Celebrate EU Policy to Control Tax Havens

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Readers of this blog will remember Green MEP Sven Giegold as a staunch campaigner against the excesses of the finance industry and for his...
23 February 2013

Economic Mood Music Darkens

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What are we to make of the downgrade of the opinion of UK debt by credit-rating agency Moody? The chat on the airwaves is all about the po...
31 December 2012

Economic Policy for Lemmings

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Economics is a complex study because economies are systems reliant on many variables which interact with each other in ways that are diffi...
1 comment:
6 December 2012

Winter Statement of Discontent

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Some have characterised the presentation of the Chancellor's autumn statement yesterday as a paradox of political theatre: how could a...
13 October 2012

Osborne Offers Dodgey Deal on Employment Rights

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A surprising article from the Financial Times identifies 'cash upfront on the road to serfdom'. It describes how plans announced by ...
26 July 2012

Green House Launches Post Growth Project

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The growth figures released yesterday were shocking. They demonstrate clearly that Osborne is mistaken in his view of how an economy works, ...
15 June 2012

Lending for Spending?

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At first sight the 'new' policy announced at the Mansion House last night is incomprehensible. Banks, whose job is to create money...
6 May 2012

Is it the Economy, or is Osborne Stupid?

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Now George Osborne has me really worried. We are all used to him misrepresenting how the economy works to score political points: there is n...
1 comment:
22 March 2012

Class War

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While yesterday's budget could not be considered the launching of the class war, it was surely a new offensive. There was no attempt to ...
2 comments:
16 January 2012

Currency Warts and All

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As the struggle for dominance in the 21st century global marketplace intensifies the battle over which currency that economy will be denomin...
1 comment:
29 November 2011

OMG

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The Guardian columnist Simon Rogers has produced a useful graphic , illustrating how the changes to growth forecasts announced by Osborne in...
10 October 2011

Public Sector Jobs Carnage

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Job losses in the public sector are happening much more rapidly than predicted, which will have serious knock-on effects in terms of reducin...
4 October 2011

George Makes King Mad

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Proof that the economic crisis is still, fundamentally, a monetary crisis came during the Chancellor's speech to the conference yesterda...
16 September 2011

Two Bald Men Fighting Over a Comb

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As we blunder towards another credit crisis, with banks losing confidence in each other and increasingly refusing to accept each other's...
1 comment:
16 June 2011

Chancellor Fails to Separate Retail and Commercial Banking

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The loudest call for reform following the failure of the banking system in 2008 was that the risky activities undertaken by investment banks...
1 comment:
28 May 2011

Less Osborne More Hobsbawm*

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Advocates of a market view of the economy and proponents of further and faster globalisation both tend to seek inspiration from the work of ...