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”.

New Statesman
So, Iain Duncan Smith thinks he could live on £53 a week
By Alex Hern - 01 April 11:46

That's just half the cost of his bluetooth headset.

On April 28, the Government will start borrowing more to borrow less
By Alex Hern - 01 April 10:44

With Universal Credit, the Government is trying to invest in the future. Why can't it do that elsewhere?

Ben Bernanke
What should economists and policy makers learn from the financial crisis?
By Charlotte Simmonds - 31 March 9:22

Ben Bernanke, Mervyn King, Larry Summers, Olivier Blanchard and Axel A. Weber talk at the LSE about the lessons of the crash.

7 pictures of lonely journalists hoping for a Cypriot bank run
By Martha Gill - 28 March 9:27

The bank run probably won't happen, but capital controls might stay for a while.

Food stamps are just capital controls for poor people
By Alex Hern - 27 March 12:07

If you want to introduce higher prices for poor people, at least do it openly.

Growth estimate stays firm at -0.3 per cent
By Alex Hern - 27 March 10:07

Consumption increased by 0.4%.

New Statesman
The public sector deficit through the looking-glass
By Peter Kenway - 26 March 16:44

The government is ignoring the flip side of the its deficit reduction targets: they require us all to spend more.

New Statesman
Eurogroup demonstrates how not to calm fears about Cyprus
By Alex Hern - 26 March 10:47

Jeroen Dijsselbloem nearly ruined everything.

New Statesman
Behind the scenes in the Troika, madness reigns
By Pawe? Morski - 26 March 9:27

"Cyprus is a template", said Jeroen Dijsselbloem, before hastily adding "Oh, wait, no it's not."

New Statesman
Labour should beat George Osborne at his own game with a living wage employment allowance
By Nick Pecorelli - 25 March 15:44

Cutting the "jobs tax" was the best move the Chancellor made, but Labour should go further, writes Nick Pecorelli.

Cyprus is paying a painful price for bowing to international capital
By Tim Jones - 25 March 15:17

Being controlled by global financial interests does not benefit ordinary people, their economy or democracy, writes the Jubilee Debt Campaign's Tim Jones.

Capping benefits for migrants could serve to drive down wages for all
By Alex Hern - 25 March 11:46

Forcing migrants into whatever work's going will render exploitation a breeze.

New Statesman
Spain turns to Bitcoin, prompting incoherent discussion on Today
By Alex Hern - 22 March 13:20

There are problems with the currency. But not those problems.

Cyprus institutes capital controls
By Alex Hern - 22 March 10:10

The government of Cyprus has introduced draconian restrictions on capital to prevent a bank run and capital flight.

File this one away in the "we'll see" pile
By Alex Hern - 22 March 9:43

An exodus after the election?

Cyprus looks for plan B
By Alex Hern - 22 March 8:24

There is no plan B.

How to boost the debt without borrowing: spend on houses
By Alex Hern - 21 March 16:00

The Help to Buy program uses some nice accounting tweaks to get away with being deficit neutral.

How do you price the death of the world?
By Alex Hern - 21 March 13:29

Climate change is hard to account for.

The UK will become the first G8 country to achieve the aid target
By Adrian Lovett - 20 March 16:20

Today will be remembered as a memorable milestone on that historic journey.

The budget's effect on growth? Zero. Zip. Zilch. Nada.
By Alex Hern - 20 March 15:11

The OBR confirms: this budget is tinkering around the edges.

Budget 2013: The £10k personal allowance won’t reverse the impact of welfare cuts
By Spencer Thompson - 20 March 15:02

The small benefits the lowest earners will see from today's tax allowance rise does little to compensate for the enormous hit they will take from cuts to benefits.