The likelihood of double dip recession is growing. As the FT notes: Purchasing managers’ data in construction, manufacturing and services have all dropped in recent
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There really is an alternative
I argued the other day that “there is an alterative” to cuts. It’s good to see Martin Wolf strongly endorsing Ed Balls for saying so.
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Time to go
I note the following on the BBC Today programme web site: David Cameron’s communications chief Andy Coulson "has no case to answer" over continuing allegations
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Cuts, deflation and redistribution
The above is not the title Paul Krugman used for a recent blog, but it could have been. he said: [O]n average, debtors are more
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In the name of justice exempt HMRC from more cuts
Polly Toynbee’s written on the issue of cuts at HMRC, which I have addressed so often. As she says today: After the Institute for Fiscal
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So, how much debt is too much? More than the government admits
A great article under the above title from Paul Segal concludes: Kenneth Rogoff has argued that we should not worry about the effects of cuts
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Time for a World Tax Organisation
A new staff paper from the IMF looks at the issue of “Long-Term Trends in Public Finances in the G-7 Economies”. There is content I
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