Econoblog
Jean-Claude Trichet’s creditor mentality
Greece would not have been able to borrow if European banks had not been willing to lend. The ECB cautions about profligate borrowing by sovereigns. But what about profligate lending by banks?
By Ben Chu | Eagle Eye, Econoblog | Thursday, 13 October 2011 at 8:03 pm
The Coalition’s heroic assumption on poverty
The Government says that the IFS researchers are being obtuse and failing to factor in the revolution in work incentives that the Government’s welfare overhaul will create.
By Ben Chu | Eagle Eye, Econoblog | Tuesday, 11 October 2011 at 12:06 pm
Wells Fargo to buy Morgan Stanley?
Our Stock Market Reporter has heard a rumour.
By Stephen Foley | Econoblog, The Foreign Desk | Friday, 7 October 2011 at 4:09 pm
Are we better off, or worse off, than we thought?
A mixed picture. On a longer view we’re better off. Total output is higher than we thought. But in terms of recovering from the recession, Britain is doing less well than we believed.
By Ben Chu | Eagle Eye, Econoblog | Wednesday, 5 October 2011 at 4:55 pm
Fast or slower: which is the greater gamble?
Mr Osborne characterises the idea that the government should cut more slowly as a huge gamble. But the Chancellor is making a gamble himself. He’s betting that the British economy can withstand an average fiscal tightening of 1.6 per cent of GDP per year over the Parliamentary term.
By Ben Chu | Eagle Eye, Econoblog | Tuesday, 4 October 2011 at 1:12 pm
Does Britain need to reduce corporation tax?
The Institute of Directors, distinguished as it might sound, is a business lobby group. And like all business lobby groups its primary job is to benefit its members, rather than to present the public with the full picture.
By Ben Chu | Eagle Eye, Econoblog | Monday, 3 October 2011 at 11:47 am
Bank employees do better than owners
Banks were on average paying out twice as much in bonuses to staff as they were paying out in dividends to shareholders in the boom years.
By Ben Chu | Eagle Eye, Econoblog | Thursday, 29 September 2011 at 3:06 pm
The Thatcherite “glorification of greed”
John Kay articulates the sort of post-Thatcher/post-Blair economic argument that Ed Miliband sounds like he is reaching for.
By Ben Chu | Eagle Eye, Econoblog | Thursday, 29 September 2011 at 10:56 am
Eurozone rescue efforts are not convincing the markets
It’s worrying that the pan-eurozone rescue fund is seen as a greater credit risk than the German government.
By Ben Chu | Eagle Eye, Econoblog | Wednesday, 28 September 2011 at 12:42 pm
Labour is wrong to apologise for its record on immigration
The benefits, both from trade and migration, are not just marginal or “nice-to-have”. For a small, open, service-based economy like the UK, they are essential to any growth strategy worthy of the name.
By Jonathan Portes | Eagle Eye, Econoblog | Tuesday, 27 September 2011 at 9:05 pm
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