Capitalism’s real enemies

Much of the political commentariat is currently obsessed with the soap opera of the Labour leadership election. The peculiar dynamics of the contest itself are fascinating. It is easy to forget how quickly we’ve moved from the prospect of a continuity Blairite Labour party to a party reshaped […]

postcapitalism

Towards postcapitalism?

Paul Mason’s new book Postcapitalism: a guide to our future is a serious book with an ambitious agenda. But you wouldn’t necessarily have picked that up from some of the early reviews. Political commentators from the centre and right were pretty quick to the pages of the Times […]

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Slums as a housing solution

At the end of last week there was a bit of a furore generated by a blogpost published by the Adam Smith Institute. A young man called Theo Clifford argued that the solution to the British housing crisis lies in deregulation. That in itself is not, perhaps, an earth-shattering observation to […]

Lost souls

I find it hard not to feel a little sorry for Labour.  It is being offered plenty of advice, much of it conflicting. Move left to recapture ground lost to the SNP in Scotland. Move right to combat the threat from UKIP in white working-class areas in England. […]

Policy-induced uncertainty

[Originally posted on The Policy Press blog, 24/07/15, under a different title. Reposted here under the original title.] George Osborne’s recent “emergency” budget proposed many changes to state support to lower income households in a bid to fulfil the Conservatives’ manifesto pledge to cut £12bn from welfare spending. […]

Through a glass, darkly

The community of housing bloggers has already offered plenty of comment on the implications of the Chancellor’s “emergency” budget for housing. Comment from almost all quarters – be it Jules, Ken, Joe, Steve, Tom or Gavin – highlights, in more or less lurid terms, the challenges the budget measures […]

Wise words

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“The only function of economic forecasting is to make astrology look respectable”
(JK Galbraith, 1908-2006)

“Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult”
(Samuel Johnson, 1709-94)

“a person is not likely to be a good political economist who is nothing else”
(JS Mill, 1806-1873)