Archive for ‘Economics’

London Occupy Economics Working Group (EWG) budget response – “a missed opportunity”

The current financial crises (Eurozone, US and UK public and private sector debt, banks’ insolvency) were precipitated by the sub-prime mortgage crisis of 2008 which was the culmination of a housing fuelled, economic boom in the US, UK and Europe (particularly Spain and Ireland). Rising house prices fuelled an explosion in consumer credit and private[...]

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Rebalancing Austerity – a modest alternative budget 2013 – from Occupy Birmingham

We can’t do everything in one budget, but we can make a start. This is a start, by scrapping the austerity agenda, and starting a programme to reinvest in people and begin to reduce the criminal inequality that successive administrations have enabled. Some of these suggestions have been made by unions, campaigners, some by us.[...]

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Austerity – Back to the Workhouse?

By Mike Gold
Most media and economic commentators either support debt reduction and the resultant austerity, or demand a bit less austerity and a bit more Keynesian state intervention. There is no Plan B, scream the critics of George Osborne and Seamus Milne1 goes further and calls Osborne an economic disaster.
The truth is far[...]

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Where will economic growth come from?

The global economic system demands exponential growth to survive rather like a bicycle which falls over if forward momentum ceases. It is underpinned by the interest based money system which demands expanding debt to provide sufficient money to pay the interest on pre-existing debt.
Growth in the US, UK and other countries has, for the[...]

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A critical video report on Haldane’s talk

 
A Polly Tikkle Production

The main stream press was eager to quote Andy Haldane, the Executive Director of Financial Stability for The Bank Of England, when he publicly announced that Occupy was right. However Andy Haldane’s proposed reform strands, which he memorably calls the 5C’s, do not go very far in addressing what Occupy[...]

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Occupy’s analysis praised by Bank of England’s Andy Haldane – but this must only be the beginning

Haldane echoes Occupy’s analysis by linking inequality to economic instability

In questioning from audience, notes that there is ‘no great ideological chasm’ to jump on a Financial Transaction Tax and the risk of banks moving abroad is “somewhat overblown“

Many of Occupy’s concerns remain to be tackled; panellist Mick McAteer, consumer advocate and Director of[...]

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Occupy London celebrates first birthday with launch of The Little Book of Ideas

On the first anniversary of the Occupy London Stock Exchange camp just by St Paul’s Cathedral, Occupy London is pleased to announce the publication of ‘The Little Book of Ideas’, which aims to demystify the financial world and provide possible solutions. The free pocket sized book – written by the Economics Working Group of Occupy[...]

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Test

Economics blog test[...]

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Test Policy

Text Policy[...]

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