The IMF is questioning elements of the “neoliberal agenda”. As a headline that’s big news and the article that appeared on the Fund’s website yesterday evening is well worth taking the time to read.

5 responses

Duncan Weldon in Bull Market

Mar 28, 2016

Labour Bargaining Power and the Luddite Fear

Technological change is as old as history.

In fact, in the broadest of sweeps, the economic history of mankind is a story of technological change, rising productivity and rising living standards.

2 responses

Duncan Weldon in Bull Market

Mar 8, 2016

Fed-worrying

Three weeks I wrote that:

Right now, I wouldn’t be at all surprised if a year that began with a deflation/growth scare ended with an inflation scare.

Now, predicting the “return of inflation” is something of a trope of post-2009 economic commentary and…

Duncan Weldon in Bull Market

Feb 16, 2016

How does capital respond to a labour shortage?

An article in the Wall Street Journal last week got me thinking again about of the bigger medium term questions in macroeconomics. Namely, what should we be worrying about more: not enough workers or not enough jobs?

Duncan Weldon in Bull Market

Jan 14, 2016

Global Output Gaps & Inflation

The global economy looks a bit more ropey than it did a few weeks ago. Or at least is does if you’re taking your cues from equity and commodity markets, which have chosen to mark my return to the financial services industry with the worst start the year in decades.

Duncan Weldon in Bull Market

Dec 2, 2015

Sector balances, macroprudential policy and the UK economy

A week ago the Office for Budget Responsibility published its Economic and Fiscal Outlook alongside the Autumn Statement. And for a change most the reaction and analysis focused on the fiscal forecast rather than its economic…

Dan Davies in Bull Market

Sep 2, 2015

The shortest Greece post ever

It has been suggested to me, somewhat forcibly, that ten thousand words about a bailout package from five years ago that’s long since been superseded, was a bit too much. I disagree, of course — picking over old case studies is how you learn in business school, and it’s a good…

3 responses

Dan Davies in Bull Market

Aug 31, 2015

Was the Greek bailout a huge mistake, and if so, who made it?

This is Part 3 of the “Relitigating 2010” series. It’s largely independent of Parts One and Two, although if you’ve literally only just starting reading about the issue, you might want to look at those ones first.

4 responses