Across the West, governments are failing. Trump, Starmer, Macron, Merz and others are losing authority at the very moment crises demand leadership. Far-right movements are
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My sincere apologies
If you have been trying to interact with this site today, I suspect that you will have been frustrated. I can only offer my apologies.
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Economic questions: (one of) the Steve Keen question(s)
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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The Alternative Budget 2025, Part 4: Renationalisation
Rachel Reeves will be presenting her Budget on November 26, if the Labour government of which she is a part lasts that long. I will
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Is the crash happening?
Financial markets across the world are flashing red. The S&P 500 has finally turned down after weeks and even months of irrational optimism. The FTSE
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The crypto party’s over
This is the Bitcoin price chart in US dollars this year: And this is the equivalent chart for Dogecoin, which we might take as representative
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Reform piles high the politics of hate
I have already posted once this morning on hate-fuelled politics. I have to do so again. The Telegraph has reported Reform’s hate-fuelled Budget proposals, about
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Hate fuelled politics
Labour’s Shabana Mahmood MP, who is our Home Secretary, ramped up her hate-fuelled campaign against migrants yesterday. Refugees will no longer get an automatic permanent
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Does taxing the wealthy control inflation?
I was asked recently by an email correspondent if a government that uses taxes to control inflation will always end up taxing the middle class
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