Where is the UK's growth coming from?

A Public and Commercial Services Union report on wages and growth in the UK highlights a problem the Coalition have studiously avoided: with job losses and wage cuts, how exactly is the economy to grow? Public sector income is private sector demand.

Profiting from Injustice: challenging the investment arbitration industry

Corporations have been granted the exclusive right to sue states (states cannot sue corporations) at secretive international tribunals for action deemed to unfairly affect investors' profits.

Should we worry about global quasi-constitutionalization?

The Rule of Law may be being given away as Rule by Laws replaces a comprehensive system of democratically constituted judicial review.

Norman Tebbit exchange with John Mills - how to fix Britain's industry

John Mills and Norman Tebbit discuss Britain's approach to manufacturing, home-grown industry, foreign ownership of assets, the exchange rate, and re-examine the choices of former governments and how they have affected Britain's economy today.

If the god Janus were an economist, he would work for the IMF

The IMF may be quietly ackowledging the failures of stringent fiscal consolidation but much damage has already been done. With over a thousand economists and a wealth of evidence at their disposal a mea culpa is long overdue.

European economic forecasts: why do they get it wrong?

The European Central Bank's forecasts misread Europe’s economy three times out of four. And the European Commission, the OECD and the Bundesbank didn't do any better. What is wrong with the mainstream view of how the economy works?

Austerity, corporate tax evasion and human rights: why the anti-austerity movement needs some Lagarde lists of our own

Is corporate tax evasion an issue for the EU-ECB-IMF Troika? It seems not – they’re too busy dismantling public services to worry about public revenue, unless it takes the regressive form of increasing VAT.

The freedom fallacy

It's time we threw out our notion of freedom as the mere absence of duress. A cursory look at the life of a cafe worker will tell you why.

How Labour embraced the City

The political victory of the City over manufacturing has been a long and cross-party project with significant consequences for our current economic predicament. Robin Ramsay examines the journey from the 70s to the present day. 

A return to Sovereign Money?

The International Monetary Fund (IMF) recently published a working paper arguing for the removal of private bank’s privilege of creating the national money supply.  The so called ‘full’ or ‘100%’ –reserve reform has a long history – but, with the Icelandic parliament actively investigating the proposal and little sign of current reforms rebooting the economy, might its time have come? 

Mills responds to Curzon-Price on productivity, wages and the UK's low earners

We may not be able to do much about the top decile protecting their earnings, but we can drive the bottom up if we focus on areas of existing strength in productivity - here's why

Dwelling on the cost of housing

More than a decade of viewing property as an investment has driven up prices and eroded the status of affordable housing as an enduring human need. It is time to consign “basic economics” to the scrap heap and hold successive governments to account.

When the possible death of humanities is a progressive development

MOOCs (massive open online courses) and more freely available lectures and university content are transforming the education landscape, and alliances between academia and corporations are ever-increasing. But this revolution in education might pose a lethal threat for hardly commodifiable disciplines such as those of the humanities. 

A credible platform for progressive parties in Europe

European trade unions and many progressive parties simultaneously ask for lower European budgetary constraints to counteract recession, while agreeing with austerity at home. But there's a way to resolve this contradiction – and to reverse depressive tendencies, foster growth and increase competitiveness in Europe.

Capitalism's bright 'Third Billion' future?

Management consultants have their eye on women as growth drivers and change agents for multi-national companies, and activists and politicians campaigning for women's rights are being advised to stop talking about trafficking and rights. Marion Bowman, reporting from the Trust Women conference, tells a Christmas story of 'The Third Billion' and Bedford Falls

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