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JM Keynes’ General Theory was published seven years after the New York stock market crash of 1929. Thomas Piketty’s Capital in the Twenty-First Century was published six years after the financial crisis of 2008. Paul Samuelson, later a Nobel Prize winning economist and 21...
The bunny budget quickly became the bingo budget. When Grant Shapps tweeted CCHQ’s latest viral poster saying beer and bingo was what hardworking people enjoy it was quickly pounced upon by opponents and derided on Twitter as patronising and out of touch....
Yesterday, the ONS maintained its preliminary estimate of GDP growth for the last quarter of 2013 at 0.7 per cent. This seems to confirm that the economy is now in recovery phase. However, as David Kern, chief economist at the British Chambers...
Last week I posted the first blog in a short series on what a new Department for Economic Reform might look to do and how. Below is the next instalment, on government as shop steward. Next week: government as industrial activist. Mission: Government as...
