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

Cut out Cuts – Leave the Eton Mess Behind


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Jim Grundy The 0.7% second-quarter fall in GDP in 2012 brings a calamitous verdict on George Osborne’s policy, with the UK economy now smaller than it was in 2010, and double-dip recession longer than in the 1970s. The latest bad … Continue reading

A Modern Jubilee: How to End the Recession.


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A Modern Jubilee: How to End the Recession  According to Economist Steve Keen By CJ Stone, previously published on HubPages As we all know, this was the year of the Queen’s Jubilee. How can anyone have failed to notice? Have … Continue reading