From the TUC

Economics (page 171)

Richard Freeman on what the credit crunch means

03 Oct 2008, by in Economics

Richard Freeman is a top labour market economist – a professor at Harvard and senior fellow at the LSE – who takes a sympathetic ‘critical friend’ interest in the trade union movement. I’ve only just spotted this post from a few days ago from the US blog Today’s Workplace. Its conclusions will not surprise, but it…




Read in full

The FT’s must reads

03 Oct 2008, by in Economics

The op-ed page of the FT today is pretty essential. Both John Monks, now of the ETUC, but my old boss, and Nick Clegg , of the Liberal Democrats, stress the need for a European response to the financial crisis. The anger in the UK government at the Irish decision to provide unlimited protection for…




Read in full

Science, civilisation and humanity

02 Oct 2008, by in Economics

Yesterday saw the publication of Professor Bill Wakeham’s report into the health of UK physics. The Wakeham Review had a strange remit. It seemed to be a response to controversy about the short-term funding settlement for physics, yet it was asked to take a long-term look, deliberately not addressing immediate concerns.




Read in full

Wanted: new industry policy to support UK manufacturing

01 Oct 2008, by in Economics

Today’s report from the Chartered Institute of Purchasing and Supply, showing that British manufacturing is shrinking at its fastest rate since records began, is more evidence, if more were needed, of the challenges facing the British economy. Levels of output, new orders and employment in the manufacturing sector recorded unprecedented declines last month, according to the…




Read in full

Last of the ex-building societies

28 Sep 2008, by in Economics

The Government’s decisive intervention to nationalise Bradford and Bingley is welcome. It contrasts with their dithering about Northern Rock. Then they seemed more worried about breaching the new Labour commandments against nationalisation than doing what everyone else could see was both inevitable and about as far removed from 1945-style nationalisation as possible.




Read in full