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Can Britain Overcome Sluggish Growth in Real Wages and Productivity?
Two things stand out about the economic recovery in Britain. One is the sluggish growth in real wages. The other is the sluggish growth in productivity. That the two...
Is P2P Lending Becoming Banks Outsourcing Their Loan Process…and Risk?
Peer-to-peer lending, the online platforms which allow you and I to lend directly to people and businesses who want to borrow, has been hailed as disruptive technology. Cheered by...
The UK’s Green Party Shares Anti-austerity Sentiment with the Greeks
Syriza’s surge to power with a campaign against austerity has forced politicians across Europe to justify their economic policies. The UK chancellor was hot-off-the-mark to assure everyone that the...
Can the Ebola Crisis Force a Change in Economic Growth Metrics?
If ever we wanted a reminder of how global capitalism has got things wrong, the Ebola outbreak in West Africa serves the purpose well. Our assumption that economic growth...
What’s Wrong with Europe’s Silicon Valley?
Silicon Valley has become a synonym for innovation and, with its ecosystem of super-moneyed venture capitalists, it is world renowned as a hub for new products and software. Europe...
Is Saudi Arabia’s King Salman Up to the Task of Economic Reform?
Ever since its unification as a nation state in 1932, the Kingdom of Saudi Arabia has been an oil-dominated economy. Most improvements and setbacks in its economic and social...
Challenging Greek’s Debt Repayments Has Many Risks for Syriza
Syriza, in choosing to enter into coalition with the Independent Greeks, is sending a clear message to the Eurozone’s leaders: it is intent on challenging Greece’s debt repayments. So,...
Is the Digital Economy a Solution to, or a Source of, Inequality?
When we think about income and wealth inequalities we are tempted to lay blame on the old way of doing things. In Capital in the Twenty-First Century, Thomas Piketty...
Well-healed Meet and Discuss Well-being in Davos
Last week, the 0.1% met at World Economic Forum annual gathering in the Swiss mountain resort of Davos. While the official excuse to go there is to discuss and...
The Greek Election is Closer and so is a Possible Syriza Victory
The European Central Bank’s decision to spend 60 billion euro a month to buy sovereign debt in order to fight deflation and revive the crumbling Eurozone coincides with a...