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- Forget Super Thursday, the Bank of England can only offer Mildly Useful Thursday
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Author Archives: mk242013
More unfounded optimism from the Bank of England?
The Bank of England has produced its latest inflation report and the Governor, Sir Mervyn King, believes that there is “grounds for optimism”. The problem with this is that the Bank has been consistently overoptimistic about the prospects for inflation … Continue reading
Posted in economic policy
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Dr Carney and the UK economy
There has been lot of fanfare about the appointment of Mark Carney as the next Governor of the Bank of England. Apparently he is the Lionel Messi of central bankers who will transform the state of the British economy. He … Continue reading
Posted in economic policy
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The Benefits of a Plan B: Lessons from the Interwar Period
A reoccurring refrain in British political discourse is that there are few if any options in the conduct of economic policy. In the 1980s, Mrs Thatcher proclaimed that ‘there is no alternative’; more recently, the Chancellor of the Exchequer, George … Continue reading
Posted in economic history, economic policy
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Does Manufacturing Matter?
Prior to the financial crisis and the era of austerity, the manufacturing sector in the UK was benignly neglected by politicians of all persuasions. But a political consensus has now emerged around the need to rebalance the economy, with a … Continue reading
Posted in economic history, manufacturing, Uncategorized
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Austerity: we are not all in it together
Available at the OUP Blog
Posted in economic policy, regions
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