Unemployment up, real wages way down
By Alex Hern - 17 April 12:49

The squeeze is still very much in effect.

Statistic cited to defend austerity partially based on Excel error
By Alex Hern - 17 April 10:59

How bad did Reinhart and Rogoff get it?

Unemployment has risen by 70,000
By New Statesman - 17 April 9:45

Now at 2.56 million.

IMF: Britain should consider "flexibility" in Plan A
By Alex Hern - 16 April 16:10

"Consideration should be given to greater near-term flexibility in the fiscal adjustment path."

Former MPC member Posen: Forward guidance no substitute for policy
By Alex Hern - 16 April 14:43

This is not the hope you're looking for.

Social care for the elderly will be the first to go in the council cuts
By Joe Manning - 16 April 12:26

What could replace it? "Adopt-a-granny" schemes, or a National Care Service, maybe.

The risks of imprecision
By Alex Hern - 16 April 11:56

When being half-right can be worse than being wrong.

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