By Jonathan Grant. This week has seen public outcry over Barclays’ attempt to manipulate inter-bank interest rates. The story seems to fit a recent pattern, with the general public paying closer attention to the activities of financial institutions and the macroeconomic forces that shape each of our lives. Perhaps that’s inevitable in a recession – but …
By Brendan Pastor. When Paul Krugman coined the term confidence fairy, he meant it as a pedantic critique of UK Prime Minister David Cameron’s austerity agenda. The cuts that were administered to the welfare systems were driven by a need to reduce the deficit – the existence of which hampered market confidence in Britain’s economy, …
By Andrew Singleton. I think it is fair to say that the UK and Germany have historically had a fractious relationship. Aside from the obvious examples, more recently one would point to economic differences getting the better of diplomatic ties between these two nations. Yet a vital and underappreciated recent development has been regarding the state …
