The reason why European economies are stuck in the trenches is actually quite simple. Our governments have shot themselves in the foot.
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.
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?
First outing for our columnist The Matchstick Man, an economic illiterate who likes to ask awkward questions. This month: what is per capita GDP and how much do I get?
GDP is an arbitrary and abstract measure of economic performance, which reflects nothing about most people’s lives. But it’s ideology that determines which economic indicators we’re told to pay attention to.
Osborne’s recovery is just like Darling’s – only slower, weaker and later. George Osborne’s crowing over the economic […]
The left needs to dispel Europe’s political depression before it can tackle the economic gloom. Europe seems to […]