Thursday, 13 November 2014

A simple guide to the UK fiscal deficit

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Confused about the government’s deficit? Are we most of the way there, as the Prime Minister has claimed , or is there rather more to find,...
10 comments:
Wednesday, 12 November 2014

Why are the Conservatives so incompetent at running the economy?

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If that question seems odd to you, you are one of the majority in the UK who think the Conservatives are better at managing the economy th...
38 comments:
Monday, 10 November 2014

Getting the Germany argument right

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As the Eurozone experiences a prolonged demand-deficient recession, and given Germany’s pivotal role in making that happen, it is important...
125 comments:
Sunday, 9 November 2014

The IMFs evaluation of 2010 austerity

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The Independent Evaluation Office of the IMF has recently published its assessment of the IMF’s Response to the Financial and Economic Cri...
30 comments:
Friday, 7 November 2014

George Osborne’s European triumph

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Today, as a result of negotiations with EU finance ministers over the UK’s additional contribution to the EU budget following upward revisi...
14 comments:

Germany and pre-recession cost cutting

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In a recent post I argued that many of the Eurozone’s current problems stem from low nominal wage inflation in Germany before 2008. In tha...
46 comments:
Thursday, 6 November 2014

A comment on Kocherlakota's suggestions for clarifying monetary policy objectives

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In a recent speech (HT MT), Narayana Kocherlakota (who helps set US interest rates) makes two suggestions to clarify what US monetary pol...
5 comments: