The Litany and Lure of the Lease

The appalling scandal of newly built houses being sold as leasehold by Britain’s six biggest housebuilders (and where the ground rent can double every 10 years – just because they can) is by now well documented. In fact leasehold properties are now thought to make up over 40% of all new homes. This is rent… Read more

BoM May 2017

Our May 2017 Book of the Month  is Richard Murphy’s “Dirty Secrets”. What happens when the rich are allowed to hide their money in tax havens, and what we should do about it? The revelations from the Panama Papers show unknown levels of secret money: how the super-rich hide their wealth from the rest of… Read more

Progressing away from the Job Guarantee

I’ve followed Neil Wilson‘s  blog on and off for some time.  He is radical and interesting and, like me is not an economist! But I cannot agree with him on the Job Guarantee. He sings the praises of the transformative properties of the Job Guarantee and says it would help to ensure jobs are available… Read more

Brexit P1, The State of the Nation 2016

Introduction I’ve studied and worked  in a number of countries including the Federal Republic of Germany,  the Republic of Ireland and Switzerland. In Germany referenda are banned at federal level under the 1949 Constitution. They had been used very effectively in the 1930s by Hitler and the NAZI party to subvert democracy. Right-wing populist, nationalistic… Read more