Workers have become the prey: now a natural balance needs to be restored
Britain's flexible labour market has denied workers the security and purchasing power necessary to keep the economy healthyIn his book Why Most Things Fail, the economist Paul Ormerod tells the story...
View ArticleThe eurozone's problems have not gone away, and elections won't change much
Mainstream parties will still be in charge, and Europe will condemn itself to an even longer period of economic stagnationEurope goes to the polls this week and the mood is sour. It is sour among...
View ArticleWoodberry Down, Hackney: 'This was managed dilapidation' video
Maxwell O'Hajah, 46, moved to the Woodberry Down estate in Hackney, east London, in his teens. He joined the residents' regeneration committee after finding out his flat was to be one of the first to...
View ArticleSwiss voters reject plan to establish world's highest minimum wage
Voters side with ministers who say raising basic annual salary for 35-hour week to £27,000 would harm small businessesSwiss voters have rejected a proposal to create what would have been the world's...
View ArticleState and markets must work together | @guardianletters
Simon Jenkins (Miliband must give up his love of state intervention, 14 May) has an uncharacteristically stereotyped view of the relationship between state and markets. He altogether omits the central...
View ArticleAustralia shouldn't have to choose between growth and fairness | Penny Wong
Equality of opportunity must remain an Australian value. We have to equip people to participate in the economy so they can access the benefits of growth. This budget won't achieve itIn recent months...
View ArticleLabour: we will link minimum pay to earnings
Ed Miliband to say that Labour will aim to reach target over five years, linking wage to earnings rather than the economyContinue reading...
View ArticleA new Longitude prize to help the NHS navigate the storm
The Small Business Research Initiative helps innovative medical products to market. Now NHS managers have to use themThe British government launched the Longitude prize in 1714 in response to a string...
View ArticleHow do we tackle the housing market crisis? By the experts
The UK housing market is in desperate need of reform. As Lloyds Banking Group imposes a cap on large loans, we ask experts from all sides of the issue for their solutionsStephen Noakes, director of...
View ArticleThe main parties need to look at what policies they can sell and how
In new modern economy politicians need to come up with policies to make capitalism meet needs of people, not vice versaWhy don't voters like us any more? The main political parties in the UK have had a...
View ArticleThomas Piketty accuses Financial Times of dishonest criticism
Author of bestselling economics book says paper is ridiculous to suggest his thesis on rising inequality is incorrectThomas Piketty has accused the Financial Times of ridiculous and dishonest criticism...
View ArticleVince Cable vows government will tackle zero-hours contract abuses
Business secretary says there is evidence of abuse by some employers after Office for National Statistics says number using system more widespread than estimates suggestThe business secretary, Vince...
View ArticleThomas Piketty's real challenge was to the FT's Rolex types | Paul Mason
If the FT's attack on the radical economist's 'rising inequality' thesis is right, then all the gross designer bling in its How To Spend It section can be morally justifiedThomas Piketty's Capital was...
View ArticleEconomic divide: London's growth set to outpace the rest of the country
Capital's economy forecast to expand by 15% over the next five years, accounting for almost a third of all UK growthThe economic gap between London and the rest of the country has been outlined by a...
View ArticleIt's simple. If we can't change our economic system, our number's up | George...
It's the great taboo of our age and the inability to discuss the pursuit of perpetual growth will prove humanity's undoingLet us imagine that in 3030BC the total possessions of the people of Egypt...
View ArticleCarney and Lagarde acknowledge City's primeval will to survive
Bank of England and IMF chiefs articulate fears that bankers have an inbuilt sense of profit preservation in face of regulationCapitalism is in danger of eating itself, says Mark Carney. Rising...
View ArticleSix things they don't tell you about creating jobs for young people
From the inevitability of unemployment to the inadequacy of modern education, Ha-Joon Chang busts the economic mythsContinue reading...
View ArticleInclusive Capitalism Initiative is financial Trojan Horse to quell coming...
Henry Jackson Society's pre-emptive PR offensive seeks to popularise parasitic economic growth for the fewYesterday's Conference on Inclusive Capitalism co-hosted by the City of London Corporation and...
View ArticleBank of England policymaker: rise in interest rates 'sooner rather than later'
Monetary policy committee member Martin Weale claims too long a delay would mean sharper and more painful tighteningThe chances of an increase in interest rates before the end of 2014 moved a...
View ArticlePiketty, Chris Giles and wealth inequality: it's all about the discontinuities
A Financial Times piece criticising the data underlying Thomas Piketty's book Capital in the Twenty-First Century sparked a heated debate. Economist Howard Reed argues that data discontinuities play a...
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