More fast reaction from Colin Talbot to the Comprehensive Spending Review 2015. One thing has puzzled me since the introduction of “Quantitative Easing” (QE) in 2009. Between then and 2012 the Bank of England ‘bought’ £375bn of government bonds from their previous private sector owners. This is a pretty sizeable chunk of the total Government […]
SR2015: Spending: Is 36% of GDP still his target?
[Rather than single blog I am posting a series of shorter posts on the Spending Review today on specific issues] “Mr Speaker, I want to announce to the House that we are on target to meet our long-term economic plan of reducing the size of the British state to just 36%, putting firmly at the […]
Making Theatre in the Midst of Austerity
Public spending cuts to the arts damage society as much as the arts themselves, argues Jenny Hughes. In his book, Austerity: The History of a Dangerous Idea, Mark Blyth summarises an economic policy of austerity as “a morality play, one that has shifted the blame from the banks to the state. Austerity is the penance […]
Intervening in conflicts
Should governments send weapons or troops to conflicts in other countries? Professor James Pattison compares the ethics of supplying arms with militarily intervention. Western states are less likely to wage major wars in the future. This is for (at least) four reasons. First, despite ongoing conflicts, the world is generally more peaceful. Second, the US’s […]
Global Debt Soars in the Post Crisis Economy
The McKinsey Global Institute last week released a report highlighting the fact that global debt has increased in the years since the credit crunch. Here Ian Crowther of the Business School at The University of Manchester analyses the findings and what the impact may be. A rather disturbing report was released by McKinsey Global Institute […]
Greece- The shape of things to come
In the aftermath of the Greek general election, which put SYRIZA, an anti-austerity left wing party, into power in coalition with far-right Independent Greeks, Dimitris Papadimitriou Professor of European politics at The University of Manchester, explores the situation and assess the possible impact. So, there you have it! Greek bailout politics have come full circle. […]
There is life beyond austerity; now give us the freedom to make it happen
During Manchester Policy Week, four leading thinktanks debated what government might look like beyond the General Election and towards 2020. In an abridged version of his speech at the event IPPR North’s Director, Ed Cox (pictured above, standing), says there is life beyond the current austerity measures – but only if there are significant changes to present […]
Why the ‘radical’ post crash economics movement is missing a trick
The creation of a post crash economics society at the University of Manchester is being hailed as a radical new development. But is it really? Professor Georgina Waylen argues that feminist economics is currently being ignored – and yet it offers us new insights and innovative solutions. Despite its plea for a broader range of […]
Tackling inequality: good for society and good for government
During Manchester Policy Week, four leading UK thinktanks were invited to debate what government and the state might look like beyond the current period of austerity. Panellist Duncan Exley (pictured above) of the Equality Trust believes the practice of government will become increasingly difficult from 2015, due to the policies of previous governments and the […]
Small area data: something worth saving?
Small area data has lots of potential uses, writes Dr Nissa Finney; by healthcare or education providers to tailor their services, by the local authority in forecasting, or for academic research. But under money-saving proposals currently being considered, the Census as we know it – and the subsequent availability of these data – may disappear. […]