Comment on macroeconomic issues
Tuesday, 24 January 2023
Should Quantitative Easing be reducing public services?
The Autumn Statement saw yet more cuts in public services planned for after the next election in order to get the debt/GDP ratio falling a...
Tuesday, 17 January 2023
What makes politicians act in society’s interests, and how have these mechanisms worked since 1979?
A cynical view would be that politicians always act in their own interests.  I think that is unrealistic, in that many politicians go i...
Tuesday, 10 January 2023
Did 2010 austerity permanently reduce UK output?
An issue that is likely to preoccupy economists for some time, and which I have written the occasional post about, is whether 2010 auster...
Tuesday, 3 January 2023
Health service and real wage decline: why are we only now talking about trends that began over a decade ago?
John Burn-Murdoch’s article entitled “Britain’s winter of discontent is the inevitable result of austerity” justifiably got considerable...
Tuesday, 20 December 2022
The political, moral and intellectual bankruptcy of the current Conservative party
The UK is currently suffering a level of strike action not seen for decades. There is a simple reason for most of that - it is government ...
Tuesday, 13 December 2022
The implications of a tipping point in public support for Brexit
Labour’s current policy on Brexit is designed to help them win power. There is nothing the government and their press would like more than...
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