A reader on this blog recently asked a question that goes to the heart of how our economy now works. It was simple: who are
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The Financial Times has reported this morning that senior figures in the City are now complaining that the minimum wage is rising so close to
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This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have been,
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Is the breakup of Britain inevitable? Scotland, Wales and Northern Ireland are turning away from Westminster while England clings to a failing system of centralised
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I wrote about supply and demand curves here yesterday. I said that the ideas implicit within them are total nonsense, as the claims in the
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I have added this entry to this blog’s glossary, it being a myth within neoclassical economics.  Supply and Demand Curves The image of two intersecting
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The Financial Times reported this weekend that a “white-collar recession” is emerging in the United States, suggesting that a decisive shift in the structure of the
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Every year on the 5th of November, people across Britain light bonfires, set off fireworks, and burn effigies of a man who died more than
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Global stock markets are at record highs. Everyone knows it’s a bubble, but no one wants to leave the dance. In this video, I explain
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