Bank regulation, not austerity, explains why Britain is poorer than America Opinion When it comes to Britain’s stagnant growth, we must first diagnose the root cause. That starts in the City, writes Daniel Freeman Britain has never really recovered from the Great Financial Crisis, and we will soon be entering our third lost decade of economic growth. Before 2008, the UK and US economies grew at an almost identical rate. Per [...]
Economics 101: consumers always pay for tariffs Opinion If there’s one thing every economist agrees on, it’s that the only people who benefir from tariffs are cynical politicians, says Daniel Freeman Economists almost never agree on anything. Even if you ask a single economist their view on a subject they will generally give you at least three contradictory positions. This makes the overwhelming [...]
