Looking at low income household indebtedness in austerity Britain, Hulya Dagdeviren and Jiayi Balasuriya find that the poorest households have experienced the greatest growth in unsecured debt to income ratio. More importantly, unlike the pre-crisis period when debt reflected a desire ‘to keep up with the Joneses’, in recent years there has been a rise in debt for essential […]
Simon Parker looks at the government’s response to civil disorder in Liverpool in the 1980s and specifically at the policy of “managed decline”. This, he explains, involved the abandonment of a damaged part of the city in order to preserve the healthy remainder. Such strategies still influence policy circles, and therefore remain a threat.
Alone, every night … I would […]
In 1931, the UK imposed barriers that increased the Empire’s share of British trade and decreased its multilateral nature, write Alan de Bromhead, Alan Fernihough, Markus Lampe, and Kevin O’Rourke. Here they revisit the extent to which trade policy was responsible for the shift towards intra-imperial trade, but do so through adopting a new approach.
In a 2016 survey paper, […]
Membership of the EU stops arbitrary corporate welfare in the UK and expressly encourages aid for environmental protection, writes Ewan McGaughey. He explains how state aid rules work and how they empower the UK to get a New Green Deal. What stops us from changing the direction of the economy in this respect is therefore not the EU but […]