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In Brief

In Brief:  Britain is broken

As several people have said, making predictions is risky – especially about the future.  Nevertheless, based on what has unfolded in recent years, it is possible to discern trends which point to some likely events in the coming year.  With this in mind, let me make a few tentative predictions …

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In Brief – Monday 5 December

An absence of cleverness Although mainstream, neoclassical economists deny that there is any objective, material source of value, it is remarkable how many tacitly accept David Ricardo’s labour theory of value.  This is the – largely erroneous – belief that it is human labour which generates value within the economy.  …

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