Slavery and the British Industrial Revolution
An update on the debate on the role of slavery in Britain’s growth during the Industial Revolution.
Read more...Category Archives: UK
How Austerity Caused the NHS Crisis
As the NHS crisis intensifies, a look at how the once esteemed service got there.
Read more...The 2022 Globie: Money and Empire – Perry Mehrling on Charles Kindleberger
Perry Merhling’s recent book on Charles Kindleberger finds he had prescient beliefs about the need for a prudent international money minder.
Read more...Big Pharma’s Obscene Profits, Not Striking Nurses, Are Killing the NHS
US patients are not the only victims of Big Pharma price gouging.
Read more...A Disordered World – Part 3: Pathways
Satyajit Das’ final post on where the world order is headed.
Read more...Satyajit Das: A Disordered World – Part 2: Susceptibilities
Satyajit Das continues his tour of the breakup of the world order, here focusing on financial/economic dislocations and dysfunctional elites
Read more...Sunak Has Been Set Up To Fail and the Likelihood Is That He Will
Rishi Sunak has a Mission Impossible even before getting to his bad impulses. Most countries in the West face the same long list of problems
Read more...It No Longer Makes Sense for the Bank of England to be Independent
The Bank of England engaged in a mini-coup. But no one seemed to mind because Truss. Will it be reined in?
Read more...In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse
Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.
Read more...Wheels Come Off for Tories. Update: Truss Resigns
The Tories, who not long ago seemed poised to permanently cripple Labour, are now in a remarkable crisis with no ready exit.
Read more...Is the UK About to Hit the Wall?
The UK is in sorry shape…..and is looking like the canary in the economic coal mine.
Read more...The Bank of England Is Bailing Out Pension Funds, Again
So what is going on here? That’s easy to explain. Those who are criticising are looking at what is happening as economists do.
Read more...Bank of England Bought Only Small Amounts of Bonds Even Today, Warns Pension Funds They Have “Only Three Days Left” to Unwind Derivatives with BOE Support
The Bank of England has been doing less than believed to rescue the gilts market. But stil not a good look.
Read more...Brexit Britain Is All Alone in a Senseless Pursuit of Disaster Capitalism
As other nations return to state-led investment, Truss and Kwarteng act to weaken the democracy, economy and rights of Britain.
Read more...Nobody Cares About The Labour Files
A recent Al Jazeera documentary shows how British Labour Party officials worked alongside the media against the leadership of Jeremy Corbyn. With Starmer’s Labour Party now leading in the polls, the British media have little appetite to cover their own role in undoing the Corbyn leadership.
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