Narrow economies vs broad economies
Is it fair enough to totally write off Ricardo’s theory of competitive advantage? Certainly, President Trump isn’t an advocate, using tariffs to protect America’s domestic industries from those countr...
6 Nov 202547min
Reeves has all the wrong ideas
The UK Labour party has struggled to forge a recovery for the beleaguered economy. Rachel Reeves is intent on reducing the government deficit. Her first attempt involved increasing the National Insura...
29 Okt 202546min
Chancellor Churchill fighting job creation
Before he was the UK Prime Minister at war with the Nazis, Winston Churchill ws the UK’s Chancellor. He played it very straight, with a preoccupation with balancing the budget. He also took the Uk bac...
22 Okt 202539min
The Ins and Outs of Foreign Money
In UK politicians of all persuasions agree that foreign investment I s important to add to the growth of the UK economy. Steve says you have to have foreigners buying into the UK to counter the curren...
15 Okt 202543min
Corbyn’s New Party Needs New Economic Thinking
recent spoke at a meeting of Jeremy Corbyn’s new venture – Your Party. Steve gave a presentation on how governments can spend more without worrying about the deficit, provided it was done sensibly. Th...
8 Okt 202548min
QE, QT and the control of central banks
During the pandemic central banks had no choice but to buy up government bonds. There were just so many of them being issued. That’s why the UK’s quantitative easing program totalled more than £900 bi...
1 Okt 202544min
Does a government deficit help the rich?
You would assume that government spending is largely designed to help those on lower incomes. The NHS was designed to ensure free healthcare for all. The same for public education. And for welfare pay...
23 Sep 202541min
Will Europe every get its mojo back?
After the war the European economy was humming along, with growth rates of 5 percent or more. Now Germany’s forecast to grow by just 0.1 percent. Allowing for population growth and inflation and it’s ...
17 Sep 202542min
