People’s budget

The development and future of capitalism

There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

“Nothing brings tech titans together like taxes,” said ...

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

In 2024, Florida loosened its rules on teenagers working—clearing the way for youngsters to toil longer shifts, including at night, and allowing parents to waive a cap on term-time labour. In 2025, th