[…] that putting up domestic interest rates will ‘reduce inflation’ when the primary causes of it are outside the British economy. There was former PM and Chancellor Gordon Brown in The Observer bemoaning the UK’s failing welfare state and the rise in poverty, still unaware of his major role in creating the current mess – […]
[…] that putting up domestic interest rates will ‘reduce inflation’ when the primary causes of it are outside the British economy. There was former PM and Chancellor Gordon Brown in The Observer bemoaning the UK’s failing welfare state and the rise in poverty, still unaware of his major role in creating the current mess – […]
[…] that facilitated the rich accumulating ever more capital. (p. 209) The fear of being viewed as ‘old Labour’ was undoubtedly a part of it, but Blair and Brown were true believers in the virtues and efficacy of the market, with their ‘light touch’ regulation and all that.49 Anderson writes about the dangers of hedge […]
[…] that putting up domestic interest rates will ‘reduce inflation’ when the primary causes of it are outside the British economy. There was former PM and Chancellor Gordon Brown in The Observer bemoaning the UK’s failing welfare state and the rise in poverty, still unaware of his major role in creating the current mess – […]
[…] that facilitated the rich accumulating ever more capital. (p. 209) The fear of being viewed as ‘old Labour’ was undoubtedly a part of it, but Blair and Brown were true believers in the virtues and efficacy of the market, with their ‘light touch’ regulation and all that.49 Anderson writes about the dangers of hedge […]
[…] the forces of globalisation and neo-conservatism meant they would never win a general election.2 0 Changes begun under Neil Kinnock were continued by Tony Blair and Gordon Brown when they became more or less joint party leaders in 1994 and then took office in 1997. Several wars, the banking crisis (and the longest recession […]
[…] complete melt-down was averted by the government buying the Royal Bank of Scotland which was about to go broke, bringing who-knows-what-else down with it. Martin noted: Gordon Brown, the Chancellor at the time, didn’t cause the crisis, but his hubristic policies in the run-up helped make the UK particularly vulnerable to a global financial […]
[…] complete melt-down was averted by the government buying the Royal Bank of Scotland which was about to go broke, bringing who-knows-what-else down with it. Martin noted: Gordon Brown, the Chancellor at the time, didn’t cause the crisis, but his hubristic policies in the run-up helped make the UK particularly vulnerable to a global financial […]
[PDF file]: […] Gordon Brown’s book, Beyond The Crash (London: Simon and Schuster, 2010), which I finally picked up off my shelves after ignoring it for years. I looked at Brown to see if he had answered the question: having bailedout the failed UK banks, adding £136 billion to the national debt in the process,9 why did […]
[PDF file]: […] Cummings directed campaigns against the Euro, the proposed North-eastern Assembly and the EU. I don’t remember the campaign against the Euro. Since Chancellor of the Exchequer Gordon Brown had made it clear he wouldn’t support joining the single currency – which was about the only thing the shmuck got right – there was no […]
