In the latest Prime Publication, The National Accounts, GDP and 'The Growthmen', Geoff Tily reviews GDP: A Brief But Affectionate History by Diane Coyle (2013). Tily asks, when and how did GDP growth ...

The current false “truth” endlessly repeated by those who would benefit from its propagation, and by those who should know better, is that Labour governments are fiscally profligate and/or incompetent ...

Is there no such thing as public money, only taxpayers money, as PM asserts? Was £375bn of QE raised from taxpayers?

In this Prime Publication, Victoria Chick and Ann Pettifor discuss the fact that fiscal consolidation does not ‘slash’ the debt, but contributes to it. As the extent of economic recovery becomes ...

Professor Victoria Chick, Ann Pettifor and Geoff Tily have updated their July 2010 publication 'The Economic Consequences of Mr Osborne' with a new preface - Mr Osborne and the economists' advice.

Kaye Wiggins in the Financial Times explains that private equity groups, including Blackrock, deliberately inflate the value of their own assets – by buying and then selling said assets to themselves.

The EREP network – Economists for Rational Economic Policies – has published its Review of the UK Economy in 2015, with a series of short articles focusing on different aspects. The Review argues ...

UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…) ...

As part of this series celebrating PRIME's tenth anniversary, we are looking forward to the next ten years. This contribution by Laurie Macfarlane, looks at the future role of the state."In the UK, ...

The Daily Mail shrieks at us today: “Tories claim Labour wants to drop a spending bomb of unfunded promises worth £45 BILLION that would wreck the economy and hit national security”. The story is ...

Argentina: US courts’ failure shows need for international debt restructure mechanism ...

The typical mortgage, including its interest charges ends up exceeding the value that the property seller received. As a result of compound interest, the mortgage debt is repaid several times to the ...