Author: Hugo Radice
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A New Strategy for Higher Education
In the British Labour Party’s 2017 election manifesto, the pledges to abolish university tuition fees and reintroduce maintenance grants were widely seen as vote winners, but that was the extent … Keep reading »
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Reshaping Fiscal Policies In Europe
Enforcing Austerity, Attacking Democracy On December 9th 2011 the European Council announced a new Fiscal Compact, as part of the series of measures undertaken in order to resolve the Eurozone sovereign … Keep reading »
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Why Carney’s Appointment as Bank of England Governor Should be Challenged
The appointment of Mark Carney as next Governor of the Bank of England has been greeted with universal acclaim. In the House of Commons Ed Balls was quick to congratulate … Keep reading »
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The Consequences of the EU Bank Rescue
Through the second half of 2011 there were persistent signs of financial stress in many banks right across Europe – not only in Greece, Ireland, Portugal, Spain and Italy, but … Keep reading »
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The Next Banking Crisis
In the ongoing Euro-crisis, our political leaders are constantly criticized for ‘playing catch-up’ and not being ‘ahead of the curve’ (although others might feel that they are completely round the … Keep reading »
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Germany and the Eurozone Sovereign Debt Crisis: the Lessons of History
“The eurozone has decided that the losses of private sector creditors should be socialized and the ultimate burden fall on the taxpayers of deficit countries. The latter will then suffer … Keep reading »
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Britain’s Austerity Budget: A Class Act
The June Budget Following the inconclusive outcome of the British general election on May 6th, the ‘centrist’ Liberal Democratic Party decided to turn sharply to the right by agreeing to join … Keep reading »
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Cutting Public Debt: Economic Science or Class War?
In The Bullet No. 345, Ingo Schmidt showed how the credit rating agencies have sparked an assault by international bondholders on the sovereign debt of Greece, where workers are being … Keep reading »