Thatcher’s economics has generated ‘poverty in the midst of plenty’

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By Prue Plumridge Lord Wolfson, chief of the Next retail chain said recently that the national living wage could drive up inflation as the retailer would have to raise prices to offset the cost of the new minimum wage of … Continue reading

George Osborne, leader of the Wrecking Crew mk2

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I think we should be explicit… George Osborne is using neoclassical economic theory as a ‘blind’, in order to push through an ideological agenda.  It has nothing to do with creating an economic recovery.  Osborne wants to lock-in irreversible changes … Continue reading

Ed Miliband wants a new economic paradigm – this graph does just that.

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Liberal Conspiracy report ahead of Ed Miliband’s ‘major’ speech on the economy: ‘The Labour leadership is clear about a few things: The last Labour government mistakenly bought into Thatcher’s neo-liberal framework for the economy, and they need to find a … Continue reading

The Work Programme. Is this the best that we can do?

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First posted on September 26, 2012 at alittleecon The Work Programme. Is this the best we can do?  by alittleecon “…we’re overturning the convention of recent times: the idea that it’s governments that create jobs. No, they don’t – businesses do.” David Cameron writing in … Continue reading