By following the US, Australia consigns future generations to social...
Among Joe Hockeys many mistakes, the most damaging may be his pursuit of American-style job outcomes and intergenerational stagnation here in Australia The unemployment rate in Australia was lower than...
View ArticleSale of the century: the privatisation scam
Privatisation promised to turn the UK into an island of small shareholders. It failed: the faceless state bureaucrats have been replaced by faceless (better-paid) private bureaucrats and big foreign...
View ArticleFrance's François Hollande returns to mutiny and mistrust within party ranks
The French president faces rebellion from his own Socialist party as he sees his leftwing coalition start to unravelAt the news kiosk across the Seine from Rue de Solférino, famed as the home to...
View ArticleWith Old Labour, we might have had a better New Britain
The BBC's revealing interview with Roy Hattersley shed a lot of light on what Labour gained and lost during the Blair yearsOlder readers may recall that I usually spend August in a delightful Provençal...
View ArticleUK wage growth uncertain, says Bank of England deputy governor
Ben Broadbent says the 'norm' of pay growth may have adjusted to the period of low productivity after the financial crisisBritain's rate of wage growth is not certain to increase any time soon, despite...
View ArticleNobel-winning economists challenge conventional thinking on recovery
Debt isn't always bad, fearing inflation is stupid and governments should spend far more, suggest top economistsAny gathering of economists since the financial crash has usually been an occasion for...
View ArticleNumber of houses worth £1m or more rises by 49%, latest figures show
Nearly 500,000 households can now claim to be property millionaires, with 3,744 streets in London alone where average house is worth at least £1mThe number of homes across Britain valued at £1m or more...
View ArticleScottish yes vote and British EU exit could hit UK economy, says Sorrell
WPP's Sir Martin Sorrell warns that votes on independence and EU membership could harm businesses already affected by Ukraine and Middle East worriesWPP boss Sir Martin Sorrell has warned that the...
View ArticleInequality is stagnating in Latin America: should we do nothing?
After years of the gap narrowing, better economic equality is no longer a reliable trend in many countries. What can be done?This might be a man-bites-dog moment for Latin America. For about a decade,...
View ArticleGeorge Osborne will miss UK export target, BCC warns
British Chambers of Commerce says exports will have to grow by 10% per year to meet target set in 2012George Osborne will miss his target of doubling UK exports to £1tn by 2020 because the government...
View ArticleLibertarian ideology is the natural enemy of science | David Robert Grimes
Whether the issue is climate change, healthcare or gun control, libertarians are on a permanent collision course with evidenceThe observation that science and politics make uneasy and often treacherous...
View ArticleThe scientific A-Team saving the world from killer viruses, rogue AI and the...
They don't look like Guardians Of The Galaxy-style superheroes. But the founders of the Centre for the Study of Existential Risk may be all that stands between us and global catastropheCambridge, some...
View ArticleScotland's complicity with empire does not disqualify it from independence |...
My own ambivalence about September's vote has a different source from the glory and shame of the union invoked by partisans on either sideThe hills and lochs of Scotland are an unlikely place to recall...
View ArticleWhy Britain needs a pay rise | Frances O'Grady
Too many low-pay, low-skill and low-productivity jobs in low-investment workplaces are hampering the chances of a recovery we can all share in, writes the TUC general secretaryThe statistics may tell...
View ArticleFrance is in turmoil as advocates of austerity and investment fight it out |...
The French president must overcome his party's crisis and press his new government to tackle economic stagnationIt was about as dramatic as a political moment gets. Last Monday, the French prime...
View ArticleLow-paid Britain: 'People have had enough. It's soul destroying'
Yes, they have jobs but the five people featured below are typical of millions who have no security, no holiday or sick pay, limited hours, and no dignity at workOn a beach in north Devon a group of...
View ArticleFrance's economics ills worsen but all remedies appear unpalatable
Beset from right and left, president François Hollande could do with some good economic news. But he is at the mercy of Germany's eurozone austerity drive and Merkel is unlikely to cut him much...
View ArticleEnglish is not the lingo of the successful British exporter
Our reluctance to learn other languages is not just arrogant: it's holding back the UK's economic performanceAs François Hollande reshuffled the French cabinet last week, he was handed a report warning...
View ArticleWill the north follow Scotland and search for greater power?
Leaders of northern England's great cities want £15bn to build a powerhouse to match London. To do that, they need more power. The devolution genie is out of the bottle.The most remarkable thing about...
View ArticleGordon Brown blamed for Labour's lost credibility on economy
Chuka Umunna criticises former prime minister and admits party is struggling to make breakthrough on economyGordon Brown dealt a blow to Labour's economic credibility by wrongly giving the impression...
View Article