The academic case for austerity crumbles… but it won't change anything
So, it turns out that one of the main academic papers used to justify the government's massive cuts is wrong. I mean, not in the 'some academics think it's wrong,…
It's time to reclaim our economy for global justice
By Kara Moses What is the economy? An abstract pseudoscience constructed by experts that has little to do with the average citizen? Simply the way money flows through a society?…
Event: Rich Man's World? Global crisis and Scotland's role in fixing it
The world is in crisis. The neoliberal project has, in the last few years, advanced at a faster pace than ever before. In its wake, our working conditions, our education…
A report from the doorstep
I love election campaigns, for a simple reason. It is one of the few times that I get around to knocking on doors and talking to people. And people are…
Day 6 – Prisonomics
Jonnie Marbles wrote this from prison, where he was serving time for throwing a cream pie at Rupert Murdoch. See his previous prison blogs here. Here, as far as I can…
The Euro Crisis shows the importance of Economics
At any time now the Euro could collapse. The common currency which was adopted to widespread acclaim in 2000 looks like it may be on its last legs. It will…
Time to crush the IMF
In 2005 Latin America made up 80% of the IMF's total lending. In 2007 it made up only 1%. Over 3 years, their total loan book dropped from $81 billion…
begging consumers to enact market forces: Huhne’s liberal paradox
Chris Huhne is in the papers today encouraging consumers to punish energy companies for putting their bills up. That's Chris Huhne, Secretary of State for Energy. Apparently this is Mr…
It’s better to break the law than to break the poor
We need a little perspective before discussing the cuts. The fact of the matter is that the cuts will beyond any doubt kill people. M Harvey Brenner showed through his…