Greece is a smokescreen to hide the mother of all bank bailouts
Nick Dearden argues that the very last group who will be helped by the “Greek” bailout are the Greeks.
austerity
Osborne’s austerity obsession is betraying a generation of young people
Willie BainWillie Bain examines in depth the government’s austerity obsession – and that of the rest of the EU centre right – and finds it lacking
Krugman savages the “austerity debacle”
Paul Krugman has attacked the “austerity debacle” taking place in Britain, pointing out the UK is “nowhere close” to regaining ground lost during the recession.
Michael Gove calls for £60m distraction
Alex Hern asks what Michael Gove was thinking when he suggested spending £60m on a yacht for the queen.
Politics vs Economics: setting the scene for the Fabian’s Next Economy conference
Marcus Roberts looks at what happens when the ‘political reality’ prevents you from doing what is actually best
“We are spiralling into a prolonged and ghastly depression”: The economy in 2012
Ann Pettifor looks to the economy in 2012, and is not hopeful about what she sees.
Irish budget day 2 – opposition attacks “socially regressive” VAT increases
Ed Jacobs reports on the latest developments from Ireland over the budget brought on by the eurozone crisis.
Krugman: Coalition is “bleeding” Britain dry
Paul Krugman on why there isn’t much hope that austerity will help Britain.
The best preventative medicine in the world can’t undo the damage of Osborne’s austerity
Dr Tristan Learoyd explains why the coalition’s focus on preventative medicine is a smokescreen for cuts, and is doomed to inefficacy, because of the cuts.
Cameron’s “failed experiment” leads to yet another economic downgrade
Alex Hern runs through the latest negative economic news, and reports on the New York Times’s criticism of the UK government.