The reason why European economies are stuck in the trenches is actually quite simple. Our governments have shot themselves in the foot.
Yesterday’s budget revealed how George Osborne’s clever politics have been undone by his witless economics.
Are we really on the brink of another global economic catastrophe? Will 2016 see the beginning of the end of capitalism as we know it? Has mainstream economics failed? And are our leaders up to the job? With our new series, Apocalypse Now?, we’re on a mission to find out.
By waving through BT’s takeover of EE, the government’s competition watchdog has again put corporate interests ahead of the public interest.
Welcome to English Economic
English Economic is an economics blog for working people. We bring you writing about the economy that is relevant, accessible and argumentative, exploring economic news and ideas from the point of view of the millions of men and women whose work actually makes up “the economy”. Economics is too important to be left to economists!
Everything George Osborne announced last month was based on guesswork by people with a distinguished track record in being wrong. Why do we take economic forecasting any more seriously than astrology or football punditry?
George Osborne is trapped in a loop, doomed to keep peddling the same failed solutions to the same unsolved problems.
Innovation, productivity and growth have slowed down since the 1970s. Our global, free-market economy isn’t as dynamic and entrepreneurial as we’re lead to believe.
With the IMF warning that the global economy is heading for the ditch again, the last thing Britain needs is another complacent Chancellor who thinks he’s got everything right.