I’m not sure whether anyone is tracking the frequency with which stories about the UK’s problems appear in the media, but intuitively you get the sense that it is increasing. Barely a day seems to pass now without something appearing prominently somewhere. Housing is not just on the […]
I’ve just finishing reading Ian Fraser’s Shredded. I started it when I was up in Edinburgh last month, appropriately enough. But other things intervened and it was only over the bank holiday weekend that I got the time to sit down and read the second half. The book tells […]
A couple of weeks ago Martin Wolf blogged on the way in which modern macroeconomics has neglected the explicit and integrated treatment of the financial sector. The consequences of this omission have turned out to be of enormous practical significance. It left analysis mostly blind to a range […]
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