Published by Promoting Economic Pluralism
Inflation in the 19-member eurozone reached 10% in September, the highest it has ever been in the history of the common European currency, according to the latest flash estimate from …
Eurozone inflation hits record 10%, highest in the history of the euro Read More
t the height of the pandemic, as hundreds were dying each day, Ivan Andino was travelling across London on a crowded Tube carriage to clean an empty office. Ivan works …
UK’s COVID heroes among hardest hit by cost of living crisis Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …
Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More
Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should be grateful about all of …
Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Read More
The possibility that a US dollar and a euro will be worth exactly the same is getting closer to becoming a reality. The single currency suffered further falls this Tuesday …
Euro falls to 20-year low against US dollar and approaches parity Read More
When you damage the supply side of an economy, the result is inflation. This ought to be obvious. But forty years of monetarist orthodoxy seems to have rendered people unable …
Inflation is a supply-side problem Read More
Against a backdrop of unprecedented turmoil – the first major war in Europe in three decades, the highest inflation rates in decades and a rapidly worsening global food crisis – western leaders have met for two …
G7 and Nato summits lay bare deep and hostile divide between Russia and China and the west Read More
LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …
UK economy faces double threat of inflation surge, recession risk Read More
If you remember the 70s then you weren’t there. That was the oft-cited summary of the time as shrouded in a narcotic haze. I, however, do remember the 70s quite …
The 70s? Not again. Read More