Archive for 'Economy'
The Office of National Statistics recently covered the rise of underemployment during the Great Recession.
Although the definition of the term can be subjective – individuals who merely are prepared to work more hours whilst currently being in full-time (or near enough) employment, or some of the multitude of university graduates who believe working in ice-cream [...]
It was true last June, and it’s even truer now.
Fans of the classic “Leave it to Beaver” sitcom (which appeared on American TV from the late 1950s to the early 1960s and has since been endlessly rerun) may appreciate this brilliant take on what conservatives like Fox News’s Bill O’Reilly consider a golden age of [...]
Posted: December 5th, 2012 under Economy.
Kevin Meagher at Left Foot Forward cogitates on the successes – or not, as the case may be – of the Regional Growth Fund. Launched in 2010 with £1.4 billions of funding, it was intended to kick-start economic development in down-at-heel regions of England and Wales.
Margaret Hodge, chairing the Westminster public accounts committee points [...]
This tells a lot about life in the United States– for better and for worse.
While segregation of neighborhoods by race is decreasing, segregation by income is increasing.
A report released Wednesday by the Pew Research Center said the percentage of upper-income households situated in affluent neighborhoods doubled between 1980 and 2010, rising to 18 percent. In [...]
I wanted to pick up on one or two threads which emerged in the discussion following my recent brief post about housing benefits. As Kolya remarked in the comments, this is not the kind of issue which seems to encourage a calm exchange of views, certainly not a shift in anyone’s established position. However, although [...]
Posted: June 26th, 2012 under Economy.
Guest post by Andrew Murphy
In the 20th century, two economists stand out: John Maynard Keynes and Frederich Von Hayek. As I have argued on Harry’s Place in the past, Hayek is still misunderstood by both critics and advocates alike. This misunderstanding applies equally to Mr. Keynes, perhaps even more so.
There are certain things [...]
Leading conservative writer Jonah Goldberg, an old coot beyond his years (43), thinks the current voting age in the US (18) is too low because young people are “so frickin’ stupid about so many things.”
(The voting age in most American states was 21 until it was lowered by Constitutional amendment in 1971.)
Personally, I think the [...]
I don’t know if any of our readers are fans of the TED talks that are posted on YouTube and are supposed to disseminate “ideas worth spreading.”
But there was one recent talk– by billionaire venture capitalist Nick Hanauer– that didn’t make the cut. Hanauer’s topic was income inequality, and TED “curator” Chris Anderson considered it [...]
Posted: May 24th, 2012 under Economy.
As a Krugmanist critic of the belief in economic recovery through austerity, I was pleased with the election of Francois Hollande (who advocates a more balanced approach) as president of France.
However there is a darker side to all this– as we saw when Greece’s Golden Dawn party, led by the sinister Nikolaos Michaloliakos, won seven [...]
Greek President, Karolos Papoulias has instructed on the formation an interim government in advance of a second parliamentary election will have to be called following the inconclusive one of 6 May.
The only two parties whose combined seats could have reached the 151 seats required for a majority Coalition were the centre-right New Democracy and [...]