I’ve only just picked up on this latest Paul Krugman column, in which he stumbles across the apparent revelation, well known to most of us, that in the UK the economic contraction is now worse than that of the 1930s. This Prof Krugman naturally attributes to the Coalition’s fiscal squeeze, which he seems to imagine [...]
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Rick Santorum is right to put the accent on manufacturing for America, but it’s about more than the factory floor.
If you’re a Brit (and not a US political junkie), you probably won’t have heard of Rick Santorum until this week. The former senator for Pennsylvania came within eight votes of a dramatic win in Tuesday night’s election in Iowa. It was the first skirmish in what may prove a long battle among Republicans to [...]
On what is and is not an argument about Ricardian Equivalence (long and wonkish, but politically relevant)
Further to the issue I raised in my last post, Krugman has responded to the criticism David Andolfatto (referencing myself and Stephen Williamson) offered. Krugman notes that his original claim was the somewhat bold one of accusing Lucas (another Nobel prize-winner) of not understanding what Ricardian Equivalence is (the charge that Williamson, Andolfatto and I [...]
Robert Kiyosaki talks about Financial IQ
This is a snippet of what Robert Kiyosaki was teaching at a symposium, interesting stuff. For anyone interested you really should go and read that book called ‘Finanical IQ) Video Rating: 4 / 5 UK Credit Card Terms:Published News Upcoming News Submit a New Story Groups physics of fire (6)Published News Upcoming News Submit a [...]
Baby boomers with 80pc of UK wealth shouldn’t feel guilty about younger generations’ problems
Baby boomers shouldn’t feel guilty about being better-off than younger generations, because people aged over 50 today saved harder and spent less when they were young than is the case today. That’s the conclusion of analysis of more than 2,000 people by the Chartered Insurance Institute (CII). The study acknowledges that baby boomers – or [...]
Learn About What Debt Consolidation Loans Can Do For Most People In Terms Of Getting Out Of Debt
You may not have planned to get in debt, but you did anyway. Sometimes, these things happen to us in spite of our best intentions. Now is no time to bemoan the situation; now is when to fix it. Try debt consolidation with a credit firm that has a decent reputation. They should be able [...]
Buy-to-let landlords boom as rents hit record high: but what about the tenants?
Buy-to-let landlords are filling their pockets as rents hit record highs. The mortgage famine means rising numbers of people cannot afford to buy and so demand for rental accommodation sharply exceeds supply. Average monthly rents across 18,000 properties in England and Wales are now £718 per month – or £29 more than a year ago [...]
Learning About The Ins And Out Of Credit Businesses And Their Guidelines
Credit Card Debt Settlement
Why 50pc tax row misses the point: what about the squeezed middle?
New analysis which shows that the United Kingdom has the fourth highest top rate of income tax in the European Union will add to calls for the 50pc band to be scrapped – but I beg to disagree. Global analysis by accountants KPMG found that out of 96 countries surveyed, only five had tax rates [...]