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Published in: openDemocracyUKWhy the UK’s economic policies will fail by 2020
The government doesn't seem to grasp that the foreign payments deficit has a direct impact on its ability to get the...
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Published in: openDemocracyUKNeither Corbyn or the others will end austerity in Britain unless they unleash the growth of manufacturing
None of the Labour candidates has an economic approach that will prove viable but it is essential to oppose...
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Published in: openDemocracyUKWhy the UK’s economy is still grossly out of balance
Investment is low, the trade deficit is growing, and what growth we have is largely driven by ultra-cheap money and...
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Published in: openDemocracyUKHigh-tech isn't enough: Britain needs to stop pricing its low-tech goods out of the world
The new book Progressive Capitalism in Britain encourages a narrow focus on high-tech exports. Instead, Britain must...
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Published in: openDemocracyUKOsborne's "long term economic plan" is neither long term, nor a plan
No matter how much he repeats it, Osborne doesn't have any proposals at all to deal with the real problems our economy faces.
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Published in: openDemocracyUKBritain's dysfunctional economy cannot last - but we can fix it
Because sterling is much too strong, manufacturing as a percentage of GDP in the UK has shrunk from 32% as late as...
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Published in: openDemocracyUKWhy it is much easier than most people think to fix the UK economy
We need to move investment to those areas with the highest returns for society as a whole. The best way to do that...
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Published in: openDemocracyUKWe need more engineers, fewer bankers and estate agents
Blair's revolution failed. We now have many graduates failing to get a suitable job. All the while the UK's trade...
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Published in: openDemocracyUKThe 2008 crisis and the role of exchange rates and trade flows
The 2008 crash wasn't simply a financial crisis. We must also look at the wider economics imbalances which had built...
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Published in: openDemocracyUK6 arguments against devaluation that don't stack up
There is nothing to stop us reviving the UK economy via resurgent performance in manufacturing, exporting and import...
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Published in: openDemocracyUKWhere next for the national minimum wage?
The recent rise in the minimum wage restores it to where it was in 2005. As more and more workers sit on this...
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Published in: openDemocracyUKIs Piketty right, is growing inequality inevitable?
Reducing inequality is a complex task and will required a broad mix of reducing unemployment, increasing...
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Published in: openDemocracyUKResponse to Mills: the 1930s are the exception that proves the rule
That Britain achieved such growth rates only once in a hundred years, in extraordinary circumstances, is telling...
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Published in: openDemocracyUKHoltham's response is not grounded in statistical reality
The growth rates in question have indeed been achieved in the UK before - in the '30s, following a devauation. It is...
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Published in: openDemocracyUKMills' plan is not the answer
John Mills plan is a peculiar mixture of fact, acute observation, misconception and fantasy.
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Published in: openDemocracyUKJohn Mills may be right, but can our political system deliver his economic plan?
Plaid Cymru's economic adviser replies to John Mills' proposals on how to re-industrialise the British economy.
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Published in: openDemocracyUKThis is how we solve economic inequality
Last week, the New Economics Foundation (nef) launched a report on how to reduce inequality in Britain. Here, they...
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Published in: openDemocracyUKIs the government's current growth strategy unsustainable?
Delve into the data and you soon find that the British economy is not in a healthy state at all...
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Published in: openDemocracyUKRisk in the British economy
Assess the assets and liabilities in Britain's economy, and you find a country deeply exposed to systemic risk.
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Published in: openDemocracyUKThere is no puzzle about Britain's low productivity
Britain, almost uniquely, does not invest in itself.