Posts Tagged ‘George Osborne’

Economic dogma, George Osborne and Grenfell Tower

by Ann Pettifor.

What has the horror at Grenfell Tower to do with economists? And what have the lives lost at Grenfell Tower to do with the government’s budget deficit?  A great deal, I will argue here. When on Twitter a few days ago I raised the issue of the shared responsibility that economists have for this ghastly […]

The Audacity of Osborne

by Phil Burton-Cartledge.

I hear tell of George Osborne applying for the Evening Standard vacancy only after other people came to him for advice on their applications. What a charmer. Still, his landing the editorship of London’s biggest free sheet is as shocking as it is audacious. How is it someone barely able to string a sentence together, […]

Rotten Tory ideology is laid bare by crisis in steel

by Michael Burke.

In order to defeat Osbornomics it is necessary to understand it. A central tenet is that the private sector is the key to prosperity and that therefore everything possible should be done to promote and encourage it. The state should shrink in order to release the inherent dynamism of the private sector. The argument runs […]

Is George Osborne finished?

by Phil Burton-Cartledge.

They seek him here, they seek him there. Those lobby hacks seek him everywhere. Is he in heaven or is he in hell? That damned elusive … Chancellor of the Exchequer. Okay, so my reworked rhyme lifted from the Scarlet Pimpernel doesn’t work. But neither do Osborne’s sums, so all is balanced in the world. […]

Mr Osborne’s untruth: the chart that shames the Treasury

by Jeremy Smith.

There was much to disagree with in George Osborne’s Budget announced on Wednesday, in particular the increasingly foolish and damaging target to achieve an overall budget surplus of over £10 billion in 2019/20 and 2020/21 via further spending cuts.  But one specific claim made by the Chancellor in his speech to the House of Commons […]

The crisis remains an investment crisis

by Michael Burke.

Prior to the recent G20 meeting leading international economic bodies such as the IMF and the OECD made tentative calls for increased investment, although this was often confused with increased spending. This is a belated or partial recognition of the real source of the crisis in the advanced industrialised countries. In terms of actual changes […]

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