In an article published by The Times earlier this month, Conservative Party supporter Daniel Finkelstein argued “There is no alternative to capitalism, comrade.” It echoed the point made previously by Peter Kellner, a Labour Party supporter, in The New Statesman.…
Month: October 2015
Railways and the rise of the service economy
New figures show that 1,625m passenger journeys were made on UK railways in the 12 months ending September this year. This compares with 800m in 1997. Some argue this shows the success of railway privatisation brought about by the Railways…
Intellectual capital and TTIP
The draft intellectual property (IP) rights chapter of the Trans-Pacific Partnership (TPP) agreement being negotiated between the US and 11 Pacific nations was published by Wikileaks on 9 October. The 60-page document covers topics that economists normally don’t worry about:…
IMF calls for greater influence for developing nations
The IMF in a seminal paper published on 2 October ahead of its annual meeting in Lima next week has called for a radical change in the governance of the fund to reflect the growing importance of emerging and developing…
Kellner and capitalism
In a piece published on 28 September in the weekly New Statesman magazine, YouGov president and former journalist Peter Kellner said the Labour Party is at a historic turning point due to the election of Jeremy Corbyn as its leader.…