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Like all great thinkers Keynes offered insights in many areas of macroeconomics. His basic macroeconomic framework provides us with the tools to investigate the overall impact of austerity.
The current lack of professionally reliable forecasting has a straightforward solution.
Much has been written about the UK economy’s stagnating productivity – but is it that big a problem? Professor John Weeks takes a deep dive into the problems with measuring productivity, and their potential implications for this ‘productivity puzzle’.
What are the basics of budgeting?
We need a shift away from the deficit and towards well-being.
Despite record rates of unemployment, wage growth has slowed and underemployment remains high – workers are ultimately bearing the cost of labour market power imbalances and underinvestment.
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