Economics articles

Essays on topical issues, latest developments in UK and global economies, and answers to readers questions

UK-government-spending

Government Spending under Labour

Posted on 1 May

During the years 1997-2007, there was a significant rise in government spending, though as a % of GDP the rise more »

AD-increase

The effect of tax cuts

Posted on 22 April

Question: What are the effects of reducing tax? Let us take the example of a cut in the basic rate more »

saltaire-mill-factory-river

An end to globalisation?

Posted on 21 April

Readers Question: Why doesn’t WTO make into law that all manufactured goods should either be assembled or made in the more »

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