IDS cites "personal observations" to defend junk statistic
By Alex Hern - 15 April 14:33

"Three generations of worklessness": still not that common.

A picture taken on 11 June 1984 shows a tanker taking on oil in the North Sea.
Thatcher and North Sea oil – a failure to invest in Britain’s future
By Guy Lodge - 15 April 14:19

Had Thatcher been a truly visionary politician, she would have established a wealth fund for the oil windfall, not squandered it on tax cuts and current spending.

The plunging price of gold is an expression of hope by the markets
By Alex Hern - 15 April 11:12

Gold is the ultimate hedge against bad stuff. If people are selling it, maybe things aren't so bad.

Thatcher's economic legacy
By Ann Pettifor and Douglas Coe - 15 April 9:15

Margaret Thatcher's economic legacy was prompted by the 1976 Labour government's capitulation to the IMF – but she took it much further.

BOOM and bust.
What's bitcoin's future?
By Alex Hern - 12 April 16:09

A lot of booms and busts until it dies for good.

Labour peer and former transport secretary Andrew Adonis.
Adonis's review should galvanise the North East and its neighbours
By Ed Cox - 12 April 11:56

While the coalition dithers on its growth strategy, the Labour peer has set out precisely the rebalancing the nation needs to recover from the crash.

Watch the origin of money playing out in real-time in Cyprus
By Alex Hern - 10 April 16:11

Credit-backed money could be passed around the nation after the implementation of capital controls.

New Statesman
Even after Thatcher, the Conservatives never learned the benefits of redistribution
By Alex Hern - 10 April 12:38

Sometimes you want to make everyone better off, not just the rich.

We need to enable welfare contribution, not just enforce it
By Kate Bell and Declan Gaffney - 09 April 10:29

Is there a place for the contributory principle in the 21st century?

New Statesman
The Government traps itself in a generational war
By Alex Hern - 08 April 15:42

AME must be cut, but if pensions are protected, then working-age people will be hit.

Portugal panics as Supreme Court squashes austerity
By Alex Hern - 08 April 12:08

Health and education budgets slashed to fill the black hole.

New Statesman
"Troubled families tsar" admits there aren't 120,000 troubled families
By Alex Hern - 08 April 10:33

Families in trouble are not the same as families causing trouble.

70 per cent of the cost of cutting the personal allowance goes to the richest half of society
By Alex Hern - 05 April 14:36

Income tax is quite progressive; better to cut VAT or council tax.

Draghi, annotated
By Alex Hern - 05 April 11:34

What the ECB president was <em>really</em> thinking.

Why is the price of gold not soaring?
By Nick Beecroft - 05 April 10:04

Here’s why it should be.

Japan announces "quantitative and qualitative easing"
By Alex Hern - 04 April 12:23

¥135trn of government bonds will be bought by the central bank.

PMI week: UK headed for slight growth in Q1 2013
By Alex Hern - 04 April 10:42

Services sector saves the day.

What will be the effect of Bulgarian and Romanian migration to the UK?
By Dr Heather Rolfe - 04 April 10:05

A new report from NIESR tackles the question in-depth.

Deutsche Bank alleged to have hid losses in 2007-09. Good?
By Alex Hern - 04 April 8:30

The effects of what's being alleged are far from simple.

Amid the fury, the closure of the social fund is a quiet tragedy
By Carl Packman - 03 April 12:35

This government, the most radical in recent times, is laughing at us, writes Carl Packman

What does it mean to make work pay?
By Helen Barnard - 03 April 10:42

Increasing the amount of better quality jobs in the UK is key to addressing low pay.

Iain Duncan Smith: "Been there, done that" on £53 a week. He hasn't
By Alex Hern - 03 April 8:27

IDS used the welfare state in his youth, and now he's pulling the ladder up behind him.

New Statesman
Bitcoin is in hyperdeflation
By Alex Hern - 02 April 13:01

Bubble or not, the underpinnings of Bitcoin pose problems to its use as a popular currency.

When copyright rules lead to wasted innovation
By Alex Hern - 02 April 11:42

Aereo is undoubtedly innovative. But it's a waste of effort nonetheless.

PMI week: Europe's getting wrecked
By Alex Hern - 02 April 10:11

If a rising tide floats all boats, then Europe is trapped in a whirlpool.

Government lays groundwork for slashing minimum wage
By Alex Hern - 02 April 8:49

The Government has instructed the Low Pay Commission to consider the impact of the minimum wage on “employment and the economy”.