Though the picture is mixed.
Governments chose austerity; they were not forced.
A tale of corruption and exploitation.
Hope this stays outside FT paywall - fascinating/horrifying.
The UK is enjoying an increase in exports to the EU, driven in the main by a fall in the pound caused by a fear that it will not be freely trade with the EU in the future. This is a cake that cannot continue to be both had and eaten forever.
I saw a number of other people posting this and thought, huh, grasping at straws here. But actually these are all really good developments which did help cheers me up.
More on the growth of inequality in the USA.
Would be interested to see this methodology applied elsewhere.
Average cost overruns: 176% for Summer Games, 142% for Winter Games.
Stephen Hawking reflects. #fb
"Minford admits his model predicts that the policy would cause the ‘elimination’ of UK manufacturing and a large increase in wage inequality. But although he is relaxed about these outcomes, we suspect that voters in Port Talbot and elsewhere in Britain wouldn’t be so impressed."
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