From the TUC

Economics (page 171)

Interest rates: is the Bank of England’s remit working?

26 Sep 2008, by in Economics

Luke Johnson, serial entrepreneur and Chair of Channel Four, is obviously a man not afraid to stand out from the crowd.  His website boldly describes him as an “unrepentant capitalist” – a position that clearly distinguishes him from all the repentant capitalists around at the moment.  He is also one of the first people to publicly…




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Time for a wider debate on shorting

23 Sep 2008, by in Economics

The ban on short-selling in financial stocks brought in at the end of last week by the FSA and the SEC was greeted with some scepticism as well as relief, but it has been credited with helping to boost the stock market after its recent plunges.  The actions of the regulators have been mirrored by…




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the left and the financial crisis

19 Sep 2008, by in Economics

Economic policy has been unfashionable on the left (in its broadest sense) for more than a decade. New Labour has never been very interested in developing a critique of the way the economy worked. Despite real efforts to relieve poverty through tax credits, the minimum wage and other measures, it has always wanted to be the…




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Getting our sums wrong!

19 Sep 2008, by in Economics, Working Life

Some have described the past week as the most turbulent for the financial system since the Great Depression. As that week closes, we must renew our focus on building a strong, sustainable economy. In particular, consideration of the needs of the ‘real’ economy, the industries that create the (real) wealth and provide the (real) jobs, is necessary. With that…




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Lessons from the Depression

18 Sep 2008, by in Economics

Paul Mason highlights this superb but pretty scary Wall Street Journal article today. The WSJ isn’t exactly what you would call a liberal paper which makes one section towards the end of the article even more striking.




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