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Business and Society Economics Inequality News Politics

If ‘Neoliberalism’ Is So Great, Why Lie About It?

What is it about ideological free marketeers and their shaky relationship with the facts? Everyone likes markets and free exchange is one of the best manifestations of human co-operation there is – so why tell lies about their limitations and the infrastructure required to make them work for our benefit? Sam Bowman of the Adam […]

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Economics Politics

Bad Targets for Policy 2: Immigration

For most of us, it’s a great boon to live in a world in which travel between even distant parts is relatively cheap and takes hours rather than days, weeks or months. We can visit, explore and learn about places and people we never could have done only 40 years ago. More than that, if […]

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Economics Money and Banking Politics

Bad Targets for Policy 1: Government Debt

This is the first blog in a two-part series on ‘Bad Targets for Policy’. The second in the series will be on immigration. We’ve seen a lot of focus on the ‘costing’ of policies in the parties’ manifestos for the forthcoming UK election. But we must remember that money is only a means of keeping […]

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Economics Inequality Philosophy Politics Press Regulation

China, Democracy and Reality

  Having recently had the opportunity to visit China and combine that with some reading about the country, I’ve come away with some inevitably fairly superficial thoughts about how the Chinese and the West do things differently. While the Chinese government sets limits on voiced or organised challenges to the Communist Party’s control of the […]

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Economics Equality Labour Party Politics

Blue Labour, Relationships and Free Movement

I attended a fascinating meeting last weekend arranged by the East Midlands ‘Blue Labour’* group on the theme of ‘How Do We Champion the Cause of the Working Class?’ There was a panel of academics, journalists and local Labour politicians. I am interested in Blue Labour’s approach because they are the only group within Labour that […]

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Economics Healthcare News Politics

Explaining the NHS Crisis: Lies, Damn Lies and Health Spending

Introduction Just how much cash does the NHS and social care need to prevent the distressing stories of patients languishing on trolleys for hours in A&E departments? Can we possibly afford what it needs, or is it really a ‘bottomless pit’ as often claimed? Do we need to lower our expectations of what can be […]

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Business and Society Economics Money and Banking

A Banking Debate

Introduction Since the financial crisis of 2007-8, one suggested target reform has been the monetary system itself.  This reform is based on the recognition that money in the modern economy is a rather peculiar phenomenon. There are two popular conceptions of the nature of money, both of them incorrect.  (Note that when we talk about […]

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Electoral Reform Labour Party News Politics

Irrelevant Alternatives and PR

There was little discussion of our electoral system as part of the UK Labour leadership debate. Yet proportional representation has never seemed more clearly essential to avoid the permanent triumph of self-interest politics. Something quite extraordinary happened between the 2010 and 2015 elections that has been extraordinarily little remarked upon. The outcome in terms of […]

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Labour Party News Politics

Why I voted for Jeremy Corbyn as UK Labour leader

I do not, as far as that is a meaningful concept in today’s fragmented politics, consider myself to be of the ‘hard left’. And I am certainly no ‘entryist’, having been a member of the UK Labour party since 1997. In the end, however, I didn’t have too much difficulty deciding to vote for Jeremy […]

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Labour Party News Politics

Why Power is not Enough for Labour

There’s a flavour of ‘What have the Romans ever done for us?’ in the Corbyn-led debate over the Blairite legacy. As someone who campaigned enthusiastically for Labour in 1997 and now feels a somewhat detached member of the party, I think I can articulate why -despite the many achievements of the Blair and Brown governments […]