The Massive Cash Hoard of Western Companies

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The cash hoard of Western companies By Michael Burke Published previously  by  Socialist Economic Bulletin  Supporters of ‘austerity’ would have a very strong argument if there really were no money left. In that case, opponents of current policy would be … Continue reading

Austerity – Why do we have it, and what is the Alternative?

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Why do we have Austerity, and What is the Alternative? previously published by Socialist Economic Bulletin By Michael Burke The national launch of the People’s Assembly Against Austerity is a very welcome development. It brings together a number of the … Continue reading

Worse than they thought.. on the Economy

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Economy is worse than they thought By Michael Burke First posted on Socialist Economic Bulletin The latest GDP release from the Office for National Statistics was accompanied by a set of revisions to previous data. These now show that the … Continue reading

GDP DATA SHOWS BRITAIN IS THE WEAKEST OF ALL THE LARGE ECONOMIES

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First posted Sunday, 3 February 2013 at Socialist Economic bulletin GDP Data Shows Britain Is the Weakest of All the Large Economies By Michael Burke Britain is only the second large economy to report GDP data for the final quarter … Continue reading