Tim Bending works as a development consultant and writes on economic issues.
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Published in: openEconomyA close look at labour markets, Keynes and effective demand shows that low demand is very bad for equalityA simple idea from game theory could yet upset the sacred tenants of neoclassical economics. This articles explores...
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Published in: openEconomyProductivity does not explain wage differentials
The co-option of “fairness” by the UK's new government has unnerved many on the left. Yet in reality, all sides have...
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Published in: openEconomyRecovery requires redistribution
As governments everywhere struggle with cutting deficits without hammering the recovery from the financial crisis, a...