Ed Balls's speech on housebuilding: full text
By Ed Balls - 21 November 13:39

"Britain simply won’t be able to tackle the cost-of-living crisis that we currently face – or build the strong economy that we need to take us to a more prosperous future – unless we build more homes."

Rich people are not over-taxed - they just have all the money
By Jonn Elledge - 20 November 14:52

The tax burden on high-earning individuals has gone up not because politicians have been taking them for all that they’ve got, but because they’re the ones earning all the money in the first place.

Bank of England.
Bank of England forecasts move more than credibility demands
By Nick Beecroft - 20 November 11:58

The Bank is still underestimating the strength of the recovery - and its latest report, puzzlingly, contained large changes to its expectations for both unemployment and inflation.

The success of the state-run East Coast Main Line.
Rail privatisation has failed on every count - but there is an alternative
By Val Shawcross - 05 November 10:07

The success of the state-run East Coast Main Line proves it's time to bring the other rail franchises under public control.

Britain’s economy is now beholden to big finance
The financialisation of everyday life must be confronted
By Costas Lapavitsas - 01 November 11:02

Unless we can reverse this financialisation and create a healthier basis for growth, the prospects for working people look grim.

Coalition in good policy shock: Getting empty homes back on the market
By Jonn Elledge - 25 October 13:30

Last year, there were more than 700,000 homes in England standing empty. Finally, something is being done about it.

New Statesman
Robo-trading: the superfast stockbroking strategy that affects your retirement funds
By Simon Chapman - 24 October 15:01

Advocates of HFT argue that it provides additional liquidity and so narrows the gap between buying and selling prices. Yet when market conditions turn adverse, HFT firms can switch off their robo-traders and then liquidity vanishes – as we saw in the “fla

Borrowing figures show how Osborne allowed thousands to avoid 50p tax rate
By George Eaton - 22 October 16:10

The spike in tax receipts was caused by individuals deferring income and bonuses to benefit from the new 45p rate, not a surge in earnings.

The damage of Osborne's cap on benefit increases is now clear
By Lindsay Judge - 17 October 11:56

The new inflation figures show that it is under-indexation that will drive up child poverty rates inexorably.

New Statesman
The financial sector isn't the powerhouse of the UK economy. It's more like a Wendy house
By Simon Chouffot - 14 October 10:18

HMRC figures show a drastic reduction in Corporation Tax contributions since the financial crash – on average just £3.3billion a year, even when the paltry Bank Levy is included. To put this in context, the finance sector shelled out £14 billion in bonuse

New Statesman
The feminist case for a shorter working week
By Anna Coote - 18 September 12:01

Our working week is a relic of another time when women were expected to stay in the home. We have to change that.

New Statesman
What's so bad about fried chicken shops in Seoul and London?
By Sophie McBain - 18 September 10:54

Policy-makers in London and South Korea want to crack down on fried chicken shops, but for two very different reasons

Mark Carney: spending cuts have been "a drag on growth"
By George Eaton - 12 September 13:54

The Bank of England governor tells MPs what George Osborne doesn't want you to hear.

The coalition aims to push through Royal Mail privatisation before strike action
By George Eaton - 12 September 8:57

In defiance of 96% of Royal Mail workers, ministers hope to complete the sell-off in advance of a nationwide strike.

If inflation is a bad thing, why is government policy designed to make us want more of it?
By Jonn Elledge - 12 September 7:59

Britain is awash with debt, while government policy encourages inflation. But theoretical inflation sorts a lot of stuff out, while actual inflation will hurt.

Robots: not actually all that
By Alex Hern - 06 September 16:34

Maybe our tin-headed overlords will just become another set of tools on the job.

Shared ownership doesn't help most young people onto the housing market
By Alex Hern - 06 September 13:22

You need to be pretty lucky to make the most of it.

Can the Ministry of Sound sue Spotify – and should they?
By Alex Hern - 05 September 15:37

There's a copyright in playlists, argues the dance music label, and Alex Hern agrees.

Forty years until we get "personal nanofactories"?
By James Evans - 03 September 18:15

A prominent futurist has predicted that in just forty years, we'll be able to produce anything from the basic building-blocks of matter itself.

Twelve steps to stop tax avoidance
By Chris Nicholas - 03 September 14:45

Tax avoidance is now endemic, with companies and the wealthy often paying derisory amounts of tax. Public anger has so far met with hollow rhetoric, handwringing and vested interest rationalisations. Robust steps to stamp it out are needed.

Wonga announces record profits – but should they have them?
By Carl Packman - 03 September 10:47

Carl Packman asks if we can be comfortable living in a country where Wonga makes millions.

Think tank slams Help to Buy: "government is the housing crisis"
By Alex Hern - 02 September 14:49

The Adam Smith Institute has accused the government of propping up the housing bubble.

Crowdsourcing the unemployment rate
By Alex Hern - 28 August 14:55

What's inflation going to be? Wanna bet?

Economists: "Losing both parents sucks"
By Alex Hern - 27 August 16:21

Have you ever wondered whether losing both parents to a tragedy might be a bad thing or not? Well, economists did.

Boris's vanity projects
By Alex Hern - 27 August 8:40

The Mayor of London's left his stamp on the city. But how much will we thank him for it down the line?

Why good news for GDP isn't necessarily good news for the Chancellor
By Nida Broughton - 23 August 15:15

The output gap is a strange and unpredictable beast, writes Nida Broughton.

New Statesman
A flap of a butterfly's wings to freeze the UK economy
By Paul Hodges - 21 August 17:44

The economy has been sailing smoothly this summer. But winter is coming…

New Statesman
The personal debt bubble is fit to burst
By Carl Packman - 20 August 15:25

We're almost in Wongaland already, writes Carl Packman.

Why Silk Road basically sells insurance and financial products, not drugs
By Alex Hern - 16 August 12:55

The world's biggest online drug marketplace is more like the world's biggest service company

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