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”