Scotland is wealthy. An independent Scotland would be fairer | John Swinney
Scotland ranks highly in terms of gross national income. All we need now is the power to spread this wealth so more of our citizens can benefitAs Scotland approaches the referendum on independence in...
View ArticleSavage capitalism is back and it will not tame itself | David Graeber
Capitalists spread prosperity only when threatened by global rivalry, radical movements and the risk of uprisings at homeBack in the 90s, I used to get into arguments with Russian friends about...
View ArticleLabour will address immigration, but we won't try to out-Ukip Ukip | Chuka...
We'll take on Farage's party the way President Obama took on the Tea Party by calling them out on their policiesLabour can be proud of what it has achieved in the past few weeks. In the face of heavy...
View ArticleLabour MPs urge leadership to curb free movement within EU
In this open letter to Ed Miliband, seven Labour MPs assert that Britain's working class have paid a heavy price for the huge influx of east European migrants over the past decade and the party faces a...
View ArticleNudge economics: has push come to shove for a fashionable theory?
A rival psychologist has published a book debunking the behavioural economics of Daniel Kahneman and the men behind Nudge, who, along with the authors of Freakonomics, were once the PM's pet thinkers....
View ArticleEurope's banks brace for interest rate cuts, with Mario Draghi expected to act
ECB boss expected to try encouraging eurozone business lending by reducing rate at which commercial banks borrowEurope's banks were bracing themselves over the weekend for much anticipated cuts in the...
View ArticleBritain's economy is dangerously imbalanced just look at the London property...
The only way to correct the situation is to invest north of WatfordTreat the cause, not just the symptoms, doctors are urged. Yet in tackling the Great British fever over our housing market we are...
View ArticleSeattle misreads Thomas Piketty as its minimum wage mascot
Doubling its minimum wage, Seattle tried to quote the rockstar economist, who actually warns a $15 wage could risk losing jobsThomas Piketty, the economist and author of Capital in the Twenty-First...
View ArticleScientists vindicate 1972 'Limits to Growth' urge investment in 'circular...
Early warning of civilisational collapse by early to mid 21st century startlingly prescient - but opportunity for transition openAccording to a new peer-reviewed scientific report, industrial...
View ArticleUK economic recovery? Don't bet the house on it, warns IMF | Larry Elliott
IMF wants mortgages reined in and Help to Buy reviewed if UK is to avoid another housing boom-bustChristine likes George. And George likes Christine. The International Monetary Fund is back with the...
View ArticleAbolish GDP in favor of a genuine progress indicator
When countries factor drug money (but not costs) into GDP, can it be called a good indicator of success and happiness?Double-entry bookkeeping is a bitch. I remember the first time I envisioned...
View ArticleIMF sounds alarm on UK house prices but changes its tune on austerity
Christine Lagarde urges government to rethink Help to Buy and says organisation underestimated UK's recoveryThe International Monetary Fund has warned that a housing bubble could derail the UK's...
View ArticleEconomy on the edge: seeking a world that works for the 100%
The global economy is on the edge with 85 people having as much wealth as 3.5bn of the world's poorest. We need a new story of an economy that doesn't trash the planetHunter S Thompson warned: "The...
View ArticleThe poor don't yearn for fish and chips. They want a future
Politicians aiming for the common touch with populist metaphors always fail. No one on a low income wants spending adviceFish and chips is dangerous territory for politicians. Someone really should...
View ArticleIf the right's ideas on inequality were any flimsier they could be worn by...
After Piketty, the right can no longer ignore inequality but can they come up with a coherent plan to address it?Imagine you're a Tory MP. For some of you, I suspect, this will come as naturally as...
View ArticleFormer Tesco chief executive left disappointed by retailer's performance
Sir Terry Leahy's comments come after the supermarket posted a 3.8% decline in sales its worst performance in decadesSir Terry Leahy, the former chief executive of Tesco, says he is disappointed with...
View ArticleThe referendum is not Scotland v Britain. It's about a patriotic alternative...
The yes and no camps both have pride in their nation. The no campaign will win only by presenting a Scottish vision of Scotland's futureIn a Britain recently awash with Ukip-inspired talk of political...
View ArticleCentre for European Reform's analysis shows benefits of EU
Centre for European Reform's report argues that EU rules do not place large burdens on the British economy as a wholeIf Ukip felt bruised as it departed Newark 7,000 votes shy of victory, maybe it...
View ArticleLib Dems want a new rule to cut debt as Nick Clegg outlines fiscal thinking
Nick Clegg distances Lib Dems from Tory approach, pushing for leeway in borrowing for projects that enhance economic growthNick Clegg will use a speech on Monday to distance the Liberal Democrats from...
View ArticleSadiq Khan: Labour failed on inequality
Shadow justice secretary warns of growing gulf between richest and poorest and says inequality rose on Labour's watchThe last Labour government could have done more to address the gap between rich and...
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