"Consideration should be given to greater near-term flexibility in the fiscal adjustment path."
This is not the hope you're looking for.
What could replace it? "Adopt-a-granny" schemes, or a National Care Service, maybe.
When being half-right can be worse than being wrong.
How no job leads to no job.
"Three generations of worklessness": still not that common.
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.
Gold is the ultimate hedge against bad stuff. If people are selling it, maybe things aren't so bad.
Margaret Thatcher's economic legacy was prompted by the 1976 Labour government's capitulation to the IMF – but she took it much further.
A lot of booms and busts until it dies for good.
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.
Credit-backed money could be passed around the nation after the implementation of capital controls.
Sometimes you want to make everyone better off, not just the rich.
Is there a place for the contributory principle in the 21st century?
AME must be cut, but if pensions are protected, then working-age people will be hit.
Health and education budgets slashed to fill the black hole.
Families in trouble are not the same as families causing trouble.
Income tax is quite progressive; better to cut VAT or council tax.
"Arrogant" Apple has apologised in China.
What the ECB president was <em>really</em> thinking.
Here’s why it should be.
¥135trn of government bonds will be bought by the central bank.
Services sector saves the day.
A new report from NIESR tackles the question in-depth.
The effects of what's being alleged are far from simple.
This government, the most radical in recent times, is laughing at us, writes Carl Packman
Increasing the amount of better quality jobs in the UK is key to addressing low pay.
IDS used the welfare state in his youth, and now he's pulling the ladder up behind him.