The latest Business podcast featured Professor David Harvey, in the company of Julian Glover, Aditya Chakraborrty and Larry Elliott of the Guardian. Quick observations: is there a quicker, more insightful or more thoughtful commentator than Julian Glover anywhere? I’m not sure there is. Listen to this podcast just for his interventions about financial reform, [...]
Posts Tagged ‘Growth’
11 Apr
We want growth. Does Labour?
Sean O’Grady asked a question I had wanted to blog about for a while: which sort of growth figures best suit the Labour case? Given that their policies are based on the idea that Britain’s recovery is still fragile – and liable to be upset by a government spending retrenchment, as Keynesian effects swamp the [...]
25 Feb
You can tell things are going downhill when ….
Jeremy Warner of the Telegraph is berating the heir-presumptive of the ECB, Axel Weber, for being anti-inflation: Yet it is plainly better to be attempting to choke off an inflationary boom than to be in a Depression wondering how to get out. In a deflationary debt spiral, monetary policy becomes almost wholly impotent. However low [...]
8 Jan
Does high debt consign us to neverending low growth?
It is simplistic to look at straightforward tables and conclude that we can’t grow with debt levels high.
4 Dec
I have always wanted to produce this graph
When you need to judge whether an economic model works or not, try a 20 year view
30 Oct
It’s out: Slash and Grow? or Can Osborne’s route to growth work?
Centreforum has produced a new report taking a slide-rule over the economic assumptions of the Conservatives: can Britain really grow through a fierce assault on the fiscal deficit? Have investments and exports ever done this before? What are the consequences of failure here? Answer: extremely serious
26 Oct
How seriously to take the ONS figures?
The GDP figures are occasion for some overreaction: but don’t expect exports to drag us out of this one any time soon – if you look at academic papers on this.

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