Inequality hurts everyone apart from the super-rich and here's why | Chris Huhne
The extraordinary success of Thomas Piketty's best-seller shows that progressive ideas are at last winningIdeas, as well as interests, matter in politics. They shape the debate and determine plausible...
View ArticleRising pound has not caused serious damage yet
Investors buy currencies for two main reasons: they like the look of the way an economy is performing or they are attracted by higher interest ratesThere are more buyers than sellers of the pound, so...
View ArticleLen McCluskey on Capital in the Twenty-first Century: 'manna from heaven'
The general secretary of Unite says Thomas Piketty's book gives an intellectual edge to his own view that something is wrong with our economic system, and proves that radical change is neededLike...
View ArticleThomas Piketty's Capital: everything you need to know about the surprise...
The radical economist's book Capital in the Twenty-first Century has angered the right with its powerful argument about wealth, democracy and why capitalism will always create inequality. Not read it...
View ArticleRBS put at 'competitive disadvantage' by bonus blocking plans
David Cumming, global head of equities at Standard Life, says measures will weaken bank's performance and hurt taxpayersOne of the City's biggest fund managers has warned that the government's decision...
View ArticleAny talk of economic recovery is pure fiction | Aditya Chakrabortty
We're just importing more people from crisis-hit southern Europe into low-paying jobs or precarious underpaid self-employmentDown is up. Sick is healthy. The RMS Titanic is seaworthy. Topsy-turvy logic...
View ArticleLabour's economic policy: industrial revolution required | Editorial
Labour has detailed policies aplenty but even with its biggest idea, a state-backed investment bank, the all-important lending criteria have not been spelled outMuch that was solid in economic thinking...
View ArticleLabour argument on NHS trusts branded puerile by ex-No 10 adviser
Sean Worth dismisses party's fears about outside operators being allowed to take over failing trustsThe poorest people are being harmed by a "puerile argument" promoted by Labour that the government...
View Article'Debt levy' faces likely defeat in Senate unless included in budget
Tony Abbott says levy would be temporary as Bill Shorten dubs it 'mother of all broken promises' The debt levy being considered by the Abbott government faces likely defeat in the Senate if the...
View ArticleUK economy grew by 0.8% in first three months of 2014
Chancellor George Osborne says the GDP figures confirm that the economic recovery is well under wayBritain's economy picked up pace in the first quarter of this year but not quite as fast as economists...
View ArticleVince Cable questioned by MPs about Royal Mail privatisation: Politics live blog
Billy Hayes, CWU general secretary, says Vince Cable should resign Cable questioned by MPs on Royal Mail privatisation - Summary Afternoon summary4.29pm BST Vince Cable, the business secretary, has...
View ArticleVince Cable rebuts claim government massively undervalued Royal Mail
Business secretary in denial about mishandling of sale that cost taxpayer £750m on day of privatisation, says committee of MPsVince Cable has continued to contest claims that the government...
View ArticleThe disastrous Royal Mail sale didn't lack hindsight, it lacked foresight |...
Vince Cable says no one could have predicted the outcome of the privatisation. This is insidious and outrageous misdirection of the highest orderEveryone else is wrong, we were right. This was...
View ArticleMiliband attacks PM over hedge funds that made millions from Royal Mail
Labour leader contrasts profit made by chancellor's best man's company with staff, who were not allowed to sell sharesEd Miliband has accused David Cameron of having double standards after the...
View ArticleTales from the zero-hours zone: decent standard of living is impossible
From truck drivers to lecturers, a huge variety of workers are employed on zero-hours contracts. Some of them recount their experiences of stress, uncertainty and shrinking wage packetsI am a full-time...
View ArticleThe panel: Thomas Piketty's Capital
Three Australian economists and experts share their thoughts on the best seller which is taking the political world by storm Continue reading...
View ArticleAustralia needs revenue reform, and tinkering with income tax wont cut it
A debt levy won't solve the long-term problem of our tax system, but abolishing the tax fuel credit would be a solid startThe proposed debt levy is a good step towards improving the governments...
View ArticleEx-Treasury adviser: no real recovery - growth 'hype' masks crash risk |...
GDP stats reveal same brand of unsustainable debt-led growth behind worst financial crisis since Great DepressionJames Meadway, a former UK government policy adviser at the Treasury, has criticised...
View ArticleCommission of Audit: a recipe for a poorer, nastier and more brutish...
The prescriptions advocated by the Audit are stock-standard 1980s-era neoliberalism: privatise government assets, abolish government agencies, charge citizens more We always knew the Commission of...
View ArticleUK manufacturing sector growth hits five-month high
Higher-than-forecast output boosts chancellor, who targeted manufacturing and exports in his March budgetBritain's manufacturing recovery powered ahead in the second quarter of the year, with growth in...
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