The cost of living crisis 

Mike Davies and Malcolm Christie argue that the Tories have no plan to help Britain’s poorest families weather a perfect economic storm Britain is suffering critically high inflation – the worst for forty years. Double digit price rises will be with us for years. Millions are already finding they cannot afford essentials like food and heating. Benefits, pensionsContinue reading “The cost of living crisis “

Stagflation Nation

Malcolm Christie and Mike Davies warn the UK’s ‘price-wage spiral’ is now spiralling out of control and creating a severe cost-of-living crisis IN the UK the cost of living is now increasing much faster than the net incomes of all the population except the super-rich. How has this has come about and what are the prospects for theContinue reading “Stagflation Nation”

Book Review

Frank Ramsey: A Sheer Excess of Powers by Cheryl Misak, Oxford University Press 2020 £25 ISBN: 978-0198755357 By Hugh Barnes Does socialism add up? This is a mathematical question as well as a political and moral one. A hundred years ago, mathematical economics was dominated by socialist advocates of Soviet-style central planning. Later, in the 1930s, JohnContinue reading “Book Review”

The Failure of Capitalism

The world economy is in crisis for the second time in just over a decade – and has no answer to rising poverty and unemployment. How will it cope with the impending mega-crisis of climate change? By Bryn Glover It may be ‘bad form’ and morally wrong to kick a person (or a philosophy orContinue reading “The Failure of Capitalism”