How should we assess the effects to date of the UK’s vote to leave the European Union (Brexit) back in June? In the months since then, we have been inundated with a raft of conflicting evidence about its short term impact on the economy. 750 more words
Tags » Macroeconomics
What should be the direction of economic policy in the US and more widely following the damage wrought by the Great Recession and its aftermath? Sluggish growth across many advanced countries continues to be a problem. 1,160 more words
After years of frugality, German consumers are finally spending again, at a rate not seen since the dotcom boom of the 1990s. According to the FT, private consumption is growing at about 2% per annum, driven by high levels of employment, rising wages, and low inflation and interest rates. 462 more words
Larry Elliott’s economics opinion piece from today’s Guardian discusses the issue of the UK’s large current account deficit and how to reduce it. He refers to a 1,100 more words
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“The many supporters of neoclassical economics present it as “value free” in the sense that it encapsulates eternal truths of economic behaviour and natural law that are as independent of human perception and will as the law of gravity.
Here is an interview with left-Keynesian economist Thomas Palley, who has written a number of books centred around the explanation of and solutions to rising inequality, the Great Recession, economic stagnation and the dominance of finance in the economy and its damaging political influence. 69 more words