The announcement by ONS that housing associations are to be reclassified as non-financial public corporations, thereby moving at least £60bn of debt onto the public balance sheet, came as a surprise to many. It perhaps came as more of a surprise than it should have done, given that […]
Yesterday evening the Festival of Economics 2014 kicked off with the author John Lanchester in conversation with Izabella Kaminska of the FT. Lanchester, who is promoting his book How to speak money, had some very interesting and important things to say about the language of finance. His key […]
A little late in the day I’ve just finished Adair Turner’s Economics after the crisis: objectives and means, published in 2012. It is based on Turner’s 2010 Lionel Robbins lectures. Economics after the crisis is a thoughtful book which makes a number of relatively simple but profound points. The […]
Much of the media reporting of today’s IPPR briefing note on the economic recovery focused on the alarm it sounds about the rapid increase in household debt – in particular the risk that Help to Buy II will further increase house prices. The economy may give the appearance […]
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