asterisk2a + thatcher   34

Ministers urged to halt right-to-buy scheme | Society | The Guardian
More than 40% of former council homes now rented out by private landlords [...] In Ealing, the council has spent £107m buying back 516 former council properties that it had originally sold for £16m. Peter Mason, Ealing’s cabinet member for housing, said the report highlighted “exactly some of the more unforgivable impacts of Thatcher’s right-to-buy scheme, which she launched with great fanfare in Northolt [a town in the borough of Ealing]”.
UK  housing  crisis  Thatcher  social  affordable  Council  Privatisation  Rentier  capitalism  profit  maximisation 
january 2019 by asterisk2a
Tory MP Ben Bradley 'sorry' for blog post about jobless - BBC News
eugenics ('in it s broader aspects') was always a Conservative Toff topic to talk about. Theresa May w JAMs, Cameron w Big Society burried under brutal Austerity for those eugenics targets, and Thatcher "there is not such thing as society"
eugenics  Tories  DWP  toff  Conservative  Party  nasty  structural  unemployment  JAM  Theresa  May  David  Cameron  Margaret  Thatcher  JSA  ESA 
january 2018 by asterisk2a
Millennials spend three times more of income on housing than grandparents | Society | The Guardian
Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a “housing catastrophe”. [....] They are four times as likely to rent privately than two generations ago, a sector which has the worst record for housing quality, the report claims.
Millennials  UK  housing  crisis  affordable  social  Generation  Rent  Generationengerechtigkeit  babyboomers  baby  boomers  disposable  discretionary  income  Spending  Generationy  GenY  oligopol  oligopoly  Corruption  lobby  vested  interest  bubble  underinvestment  Austerity  debt  revolving  door  asset  distortion  London  Productivity  output  gap  skills  student  loan  GFC  mortgage  risk  recovery  secular  stagnation  lost  lostdecade  decade  history  Margaret  Thatcher 
september 2017 by asterisk2a
Naomi Klein: ‘Trump is an idiot, but don’t underestimate how good he is at that’ | Books | The Guardian
One essential ingredient of resistance, she suggests, is to retain a belief in telling and understanding complex stories, keeping faith with narrative.

One of the questions that Klein’s book does not reach a conclusion about is how conscious Trump is of his shock doctrine tactics. Is he a demagogue in the scheming manner of Putin and Erdoğan, or just a useful idiot for the forces around him?
Naomi  Klein  Shock  Doctrine  book  narrative  Storytelling  GE2017  BTW2017  Brexit  Populism  demagogue  demagoguery  Nationalism  DonaldTrump  Donald  Trump  1%  Super  Rich  Plutocracy  Oligarchy  Austerity  Lobby  Stories  Privatisation  Free  Market  neoliberal  neoliberalism  No  Representation  globalisation  Trade  NAFTA  CETA  TTIP  TISA  Chicago  School  Margaret  Thatcher  Reagan  Milton  Friedman  Expert  GFC  bank  bailout  economic  history  Marxism  Karl  Marx  Socialism  inequality  poverty  trap  social  mobility 
june 2017 by asterisk2a
The ten graphs which show how Britain became a wholly owned subsidiary of the City of London (and what we can do about it) – New thinking for the British economy
[ uk banks overinvested enabled by political policy into houses and high streets. underinvested in productive capital like R&D companies in general etc ] >> But it doesn’t increase the productive capacity of the economy one iota: a more expensive house doesn’t produce more intelligent children, and a higher share price doesn’t boost a company’s productivity (though it can indirectly boost its capacity to raise funds for investment). [...] Debt-financed asset purchases are thus fundamentally a Ponzi activity: // not just tight housing supply is increasing prices, but also easy credit/debt/mortgage market! // [...] ultimately, there is a limit to just how much debt individuals and corporations can take on – even with low interest rates
UK  ZIRP  NIRP  QE  housing  market  mortgage  household  consumer  debt  disposable  income  servitude  GFC  recovery  wage  growth  Ponzi  asset  capital  Kapital  BOE  credit  card  affordable  social  servicing  default  rate  insolvency  speculation  unintended  consequences  economic  history  consumption  secular  stagnation  Brexit  policy  fiscal  monetary  Mark  Carney  underinvestment  productivity  R&D  Career  Politicians  Margaret  Thatcher 
may 2017 by asterisk2a
(453) James O'Brien (and Incorrigible) solve the housing crisis - YouTube
thatcher banned councils from borrowing money to build council houses/flats. ie w 50, 100 year loans. Councils would be making profit in the end by owning capital. Thatcher didnt like it, banned it. market and private capital knows best how to make profit. governments not allowed to make profits ROI on investment. Now +1bn housing benefit goes to private landlord. and 1/3 of ex council social housing is rented out by private landlords.
UK  Margaret  Thatcher  Privatisation  Social  Housing  affordable  Council  Tories  Conservative  Party  nasty  crisis  profit  maximisation  capitalism  Government  Capital  Kapital  ROI  rent  seeking  rentier  underinvestment  infrastructure  investment  GFC  recovery  immigration  demographic  bubble  England  economic  history  Tony  Blair  Labour  GE2017  Thomas  Piketty  neoliberal  neoliberalism  Brexit 
may 2017 by asterisk2a
Why Theresa May is a true heir to Richard Nixon | Aditya Chakrabortty | Opinion | The Guardian
Trump wasn’t playing politics: he was prosecuting a culture war – and a culture war is anti-politics. [...] First came her speech about how “the country is coming together”, even while her political opponents were not. Her cheerleaders were in the press the next day, baying for “Blue murder” and for her to “Crush the saboteurs”. I watched all this from the US; and in the land where Democrats are now routinely labelled “treasonous” it all sounded eerily familiar: us v them; the people v Westminster; leavers v remainers. [...] “forged a public language that promised mastery of the strange new angers, anxieties, and resentments wracking the nation”. [...] Nixon appealed to the “silent majority”. [...] “less about a traditional left-right battle and more about identity and values” [<< Rentnerrepublik]
UK  Brexit  Theresa  May  Tory  Austerity  Conservative  Party  nasty  history  moderation  language  culture  war  Gore  Vidal  DonaldTrump  Donald  Trump  Identity  Politics  USA  France  Career  Politicians  GE2017  media  landscape  DailyMail  Daily  Mail  Fear  Anxiety  Resentment  Anger  Populism  Richard  Nixon  Margaret  Thatcher 
april 2017 by asterisk2a
Komplette Bundespressekonferenz vom 29. März 2017 - YouTube
EU wird am Single Market festhalten! Kein feilschen. Hoestens nur zugang (selective) mit £££. Nicht nochmal ein Britischen Rabatt
Brexit  UK  Scotland  indyref2  Theresa  May  Margaret  Thatcher  Tories  Conservative  Party  nasty  far-right  right-wing  Germany  UKIP 
march 2017 by asterisk2a
So Theresa May thinks she just needs to look the part… | David Mitchell | Opinion | The Guardian
[ didnt she open her leadership campaign w 'not fillinf columns' dig at bojo, and 'getting on with the job' - will do brexit even I was for remain, ... oh and JAM's and mental health not getting bread crumbs because Spreadsheet philip thinks we can not afford it at all ... Austerity 2.0 ... and there there were the 1000£ leather trouses. ] So I may as well try to look at it from her point of view – summon up some empathy, a term that May herself disdained in the accompanying interview as “a very ‘today’ word”. She’s not completely fashion mad then. She prefers to say “understanding”. Thus the social worker becomes the biologist: while we may empathise with our fellow humans, we merely understand the life cycle of the cockroach.
Theresa  May  Margaret  Thatcher  JAM  Austerity  Brexit  No  Representation  tax  evasion  avoidance  bank  bailout  nasty  party  Tories  Conservative  PR  mental  health 
march 2017 by asterisk2a
STEVE KEEN on Private Debt - YouTube
the trick is up for tory austerity soon, when the private debt/household debt bubble bursts. and or the uk economy comes to a standstill. /// London has driven out the real wealth creators - https://www.youtube.com/watch?v=Dyk1t4wEDAE - democracy by houses, bc renters have no rights, &! Money , banks, debt seems not to matter in status quo economics - Prof Steve Keen on Parasitic Banking Sector London School of Economics - https://youtu.be/Kh99jEE18KY GFC recovery is not recovery it is Japanese style stagnation! ex imigration¬!
UK  London  Margaret  Thatcher  private  debt  Consumer  household  mortgage  GFC  recovery  Brexit  discretionary  spending  disposable  income  reflate  reflation  ZIRP  NIRP  QE  Austerity  service  sector  working  poor  squeezed  middle  class  leverage  economic  history  living  standard  wage  growth  mobility  social  inequality  Gini  Coefficient  tax  evasion  avoidance  HMRC  payday  loan  trickle-down  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  JAM  Theresa  May  Philip  Hammond  IMF  OECD  neoliberalism  crony  capitalism  Exploitation  corporatism  Consumerism  materialism  GDP  underinvestment  ROI  BOE  Mark  Carney  Steve  Keen  book 
march 2017 by asterisk2a
More than politics, Theresa May’s true strength is her grasp of British culture | Rafael Behr | Opinion | The Guardian
While John Major and Tony Blair struggle with their Brexit defeat, the prime minister has read the national mood and is successfully navigating it // SHE IS NAVIGATING IT? OTHERS WOULD SAY like Blair SHE SITS THERE AS PASSENGER. // Culture and identity tend to be treated as peripheral expressions of whatever is happening in the economy, which is sometimes true but not always. May understands that. She is a more astute culture warrior than economist, and for now that is serving her well. // HAPPY TO DO HARD BREXIT EVEN IF IT HURTS THE ECONOMY "make the best of it" // To win power from New Labour, Cameron adapted to Blairish mode: self-consciously modern, socially liberal, metropolitan and relaxed about Europe. [...] There was always something absurd about “anti-establishment” language in the plummy tones of Boris Johnson or Nigel Farage. But their campaign did capture a rebellious spirit. Partly it was generalised frustration at the state of everything; partly it was counter-revolution – the backlash by people who sensed that their lives, interests and anxieties were the punchline to a joke at a fancy London dinner party. [...] liberals haven’t grasped the scale of their defeat. That is good for May, who navigates through the middle.
Theresa  May  Margaret  Thatcher  UK  Brexit  far-right  right-wing  alt-right  White  Supremacy  hate  speech  crime  immigration  refugee  asylum  Home  Office  Tories  nasty  party  Conservative  war  Nationalism  Patriotism  David  Cameron  Liberalism  Culture  Liberal  neoconservatism  neoconservatives  Racism  Xenophobia  LGBT  DonaldTrump  Donald  Trump  Elite  London  HRC  Hillary  Clinton  history  No  Representation  lobby  1%  10%  bank  bailout  Austerity  Super  Rich  Plutocracy  Oligarchy  Bill  Establishment  social  mobility  squeezed  middle  class  working  poor  income  wage  growth  Precariat  globalisation  globalization  uncertainty  welfare  state  Greed 
march 2017 by asterisk2a
Sir John Major talks to Jon Snow about Margaret Thatcher - YouTube
Theresa May follows the political weather, as did David Cameron (Austerity, small state, balanced budget, ), rather than make political weather. See Tony Blair Brexit Speech Feb 2017 that she is driven by the hardline Brexit bus, she is not driving it! Same w the populism, see Amber Rudd's list of foreigners working at companies //&! Lord Heseltine gives his views on Baroness Thatcher - https://youtu.be/GBfv0xDCTGM //&! Margaret Thatcher's political downfall - a plot or not? - https://youtu.be/ft_CLGXGp_8 - Thatcher victim of the invisible hand ;) & https://youtu.be/ft_CLGXGp_8
Margaret  Thatcher  Poll  Tax  John  Major  Theresa  May  David  Cameron  Career  Politicians  Thatcherism  Trade  Union  Workers  Privatisation  neoliberalism  Cold  War  Ronald  Reagan 
february 2017 by asterisk2a
Cabinet files reveal plan to shoot nuclear intruders - BBC News
Other archive files released reveal:
Ministers thought poll tax in Scotland was 'proceeding smoothly'
Thatcher asked for more money for north Wales flood victims
British authorities discussed the public image of the Ulster Defence Regiment
UDR denied 'pointing guns at the Irish Army' during the Troubles ///&! Wie stark der Widerwillen von Margaret Thatcher gegen die deutsche Wiedervereinigung war, ist nun in bislang unter Verschluss gehaltenen Dokumenten aus Großbritannien nachzulesen. Ihre Mitarbeiter versuchten demnach mühevoll, die "Eiserne Lady" davon zu überzeugen, Deutschland als Verbündeten zu betrachten. - http://www.spiegel.de/politik/ausland/wiedervereinigung-margaret-thatchers-angst-vor-deutschland-a-1128047.html
Margaret  Thatcher  Conservative  Party  Tories 
december 2016 by asterisk2a
Fred Block: The Tenacity of the Free Market Ideology - YouTube
Fred Block discusses his book “The Power of Market Fundamentalism,” which extends the work of the great political economist Karl Polanyi to explain why free market dogma recovered from disrepute after the Great Depression and World War II to become the dominant economic ideology of our time. // wo state role there would be no market system. // need social democracy in complex diverse society - representing people // freedom in complex diverse society = free of hunger and economic uncertain & freedom of nonconformity - protections, no marginalisation, no economic punishment // social democracy and free market are both Utopias // Thatcher & Co blaming State for malaise! nobody likes technocratic arguments, leaves public out, thus was able to make big return. // wealth creation through efficiency route takes more work and capital than predation (rentier/rent seeking) - ie relaxing fuel efficiency savings regulation for Detroit back in the days // trust that state can support innovation
economic  history  freemarkets  free  market  neoliberalism  self-regulation  neoliberal  book  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Chicago  School  USA  UK  social  democracy  capitalism  dogma  ideology  austerity  trickle-down  economics  globalization  globalisation  borderless  flat  world  Greed  boom  and  bust  crony  capitalism  plutocracy  oligarchy  Super  Rich  1%  democracy  revolving  door  Career  Politicians  No  Representation  social  mobility  American  Dream  meritocracy  meritocratic  Alain  de  Botton  philanthropy  profit  maximisation  shareholder  value  Wall  Street  Gini  coefficient  income  mobility  education  policy  welfare  state  social  safety  net  Supply  and  Demand  market  economy  Demand  and  Supply  JohnMaynardKeynes  keynes  Keynesianism  GFC  Great  Moderation  Great  Depression  Utopia  Ronald  Reagan  Margaret  Thatcher  rentier  rent-seeking  predation  financial  product  wealth  creation  R&D  STEM  productive  investment  productivity  output  gap  public  investment  underinvestment  infrastructure  investment  competitive  competitiveness  M&A 
january 2016 by asterisk2a
Four Horsemen - Feature Documentary - Official Version - YouTube
neoclassical, neoliberalism, self-regulation, chicago school of economics, --- socialism for the rich, capitalism for the poor!
corporate  scandal  Margaret  Thatcher  economic  history  austerity  GFC  bank  bailout  crony  capitalism  capitalism 
october 2015 by asterisk2a
Met police admit mistakes in Westminster paedophile ring inquiry | Society | The Guardian
&! bit.ly/1OLDAwm //&! bit.ly/1Pv5gnj - Westminster paedophile ring inquiry 'not a shambles', says police chief Met commissioner says criticism of Operation Midland is unfair but admits detectives have found it difficult to corroborate some allegations
Met  Police  Scotland  Yard  UK  Toff  Westminster  Establishment  Privileged  pedophilia  corruption  nepotism  bribery  history  British  Empire  Margaret  Thatcher  abuse  of  power  Monarchy  Operation  Midland 
september 2015 by asterisk2a
Jeremy Corbyn: Labour will campaign for UK to stay in the EU | Politics | The Guardian
McFadden stressed he did not believe Cameron was seeking to undermine those rights in his talks with his EU partners, but recognises that Corbyn is deeply concerned at what he regards is a shift from a social Europe to a free-market Europe. He said: “If the prime minister tries to water down hard won employment protections that would be wrong and foolhardy on his part and we would very strongly oppose it. But if he does try to water down these protections, the right response is not to leave the EU but to fight the 2020 election on a clear commitment to restore those employment rights – and we have to remain in the EU to do that.”
Labour  Party  Jeremy  Corbyn  Brexit  David  Cameron  Conservative  Party  Toff  Tories  neoliberalism  neoliberal  self-regulation  London  constituency  investment  banking  British  Bill  of  Rights  NSA  GCHQ  Surveillance-Industrial  Complex  surveillance  state  Orwellian  Internet  Privacy  Snoopers  Charter  Dataretention  Privacy  human  deregulation  Workers  Union  Trade  Union  Zero  Hour  Contract  welfare  state  social  safety  net  crony  capitalism  UKIP  European  Union  Consumer  Protection  TTIP  NHS  neoconservatism  neoconservatives  austerity  dogma  ideology  underinvestment  trickle-down  economics  recovery  GFC  economic  history  Margaret  Thatcher  George  Osborne  Polarisation  propaganda  populism  manufactured  consent  reframing  framing  PR  spin  doctor  corporate  media  gag  order  Secret  Courts  corporate  state  western  world  democracy  capitalism 
september 2015 by asterisk2a
Public Lecture by Professor Niall Ferguson 2013-04-09 - YouTube
[6 Killer Apps - youtu.be/xpnFeyMGUs8 ] Degeneration and Regeneration after the GFC // interlude: Margaret Thatcher, the power of ideas in public office, in politics: Nature of freedom, economic freedom & other freedoms. Hayek & Adam Smith // The Great Degeneration (new Book 2013). Theme: The role of institutions in the creation and preservation of freedom. // GFC = "The slight depression." Avoided Great Depression like scenario by policy response (reflation) different to previous history. Talks abt equity market levels back 2 pre-2007 levels. EQUITY/(financial) ASSET PRICES. Bank Bailout! But NOT reached (real economy) escape velocity! Proper recovery! Under Keynes it should be an admission of defeat (bc lack of fiscal stimulus)! Is a sub-plot in the story of western decline! Great reconvergence of west & the rest of the world. // &! youtu.be/VVsP2X4kuA8 &! importance of civil institutions - youtu.be/8RB7Ah95RM4 bit.ly/1NqF7am &! youtu.be/kXTjj9NQKYo &! youtu.be/tyYTChxYAQ4
NiallFerguson  Niall  Ferguson  Margaret  Thatcher  economic  history  political  economy  GFC  recovery  credit  bubble  book  Adam  Smith  adamsmith  austerity  ideology  dogma  George  Osborne  David  Cameron  USA  UK  China  history  social  contract  social  cohesion  social  tension  socialism  capitalism  crony  capitalism  neoliberalism  neoliberal  Privatisation  monetary  policy  fiscal  policy  hayek  reflate  reflation  Fed  ECB  BOJ  BOE  Makers  BIS  QE  ZIRP  NIRP  bank  bailout  sovereign  debt  crisis  banking  crisis  zombie  banks  excess  reserves  liquidity  trap  monetary  transmission  mechanism  M3  business  confidence  Taper  2015  secular  stagnation  stagnation  wage  growth  income  growth  economic  growth  global  trade  global  economy  globalization  global  imbalances  globalisation  flat  world  borderless  liquidity  JohnMaynardKeynes  keynes  Keynesianism  fiscal  stimulus  aggregate  demand  marginal  propensity  to  consume  zombie  consumer  consumer  debt  Richard  Koo  private  debt  debtoverhang  deleveraging  household  debt  debt  monetisation  debt  monetization  developed  world  western  world  squeezed  middle  class  disposable  income  income  distribution  inequality  Gini  coefficient  BRIC  emerging  middle  class  emerging  market  Angela  Merkel  Wolfgang  Schäuble  Developing  Frontier  Markets  inflation  inflation  business  targetin 
september 2015 by asterisk2a
Budget 2015: The return of Tina - BBC News
Tina, it would appear, is back. Forgotten Tina? The acronym for There Is No Alternative? Regularly cited by Margaret Thatcher? Thatcher? Oh, come on, it hasn't been that long since the Tories were in sole command of the UK. [ // history rhymes; Angela Merkel and her "Alternativlos." = There is No Alternative. ] George Osborne set out quite deliberately in a range of ways to suggest that there is no effective or realistic alternative to his approach. [...] It is aimed over their heads at the voters. Mr Osborne is seeking to suggest that there is a remorseless logic to his package, that only the ingrate or innumerate would oppose it.
Alternativlos  Angela  Merkel  dogma  ideology  history  Margaret  Thatcher  Career  Politicians  austerity  No  Representation  economic  history  bailout  liberal  economic  reform  neoliberal  neoliberalism  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  tax  evasion  tax  avoidance  GFC  Wall  Street  lobbyist  lobby  Lobbying  toobigtofail  TBTF  too  big  to  jail  crony  capitalism  welfare  state  Public  Services  Social  Services  added  value  job  creation  industrial  policy  education  policy  Gini  coefficient  mobility  income  mobility  downward  mobility  vocational  education  skills  gap  Future  of  Work  Software  Is  Eating  The  World  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Aufstocker  globalisation  globalization  differentiate  differentiation  commodity  business  commoditization  borderless  flat  competitiveness  competitive  media  conglomerate  conglomerate  Lügenpresse  manufactured  consent  propaganda  populism  PR  relations  Conservative  Party  Tories  Toff  Establishment  Privileged  spin  doctor  Leadership  IMF  World  Bank  IBS  zombie  banks  George  Osborne  David  Cameron  GroKo  Germany  UK  policy 
july 2015 by asterisk2a
John Ralston Saul: The Collapse of Globalism - YouTube
the source of legitimacy is economics and only one source/type of economic thinking // TTIP & Co erase governments! // globalisation hailed promises, empty promises. // the more they say its inevitable, the more you know its the way out. // bailout for one side of society, and austerity for the others // no shared economic interest !!! rootless tax evaders global corporations are not stakeholders in country X // where does the power go? decision and policy making? to those with money and influence and network! - thus not the citizens // "we are in a post-globalist world" really? why is there then TTIP? Austerity is currently taking over the vacuum! // neoliberalism pouted and propagandated by fear induced monologues by Career Politicians (GFC) // money has no moral limits nor conscience !!! // great moderation and unfettered globalisation & financial realm (masters of the universe) - Alan Greenspan & Ben Bernanke >> extremes (ideology) break down (GFC) // austerity doesn't work!
globalisation  globalization  economic  history  GFC  recovery  austerity  liberal  economic  reform  book  democracy  human  capital  deregulation  lobbyist  lobby  Lobbying  No  Representation  Career  Politicians  economic  model  trickle-down  economics  borderless  TTIP  flat  world  income  growth  western  world  Gini  coefficient  Consumer  Protection  CETA  NAFTA  USA  social  cohesion  social  contract  social  tension  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Davos  1%  Super  Rich  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  bailout  too  big  to  jail  toobigtofail  TBTF  PIGS  IMF  Bank  education  policy  vocational  education  underinvestment  productive  investment  Industrial  Revolution  2.0  Future  of  Work  tax  evasion  tax  avoidance  tax  code  stakeholder  Margaret  Thatcher  Angela  Merkel  David  Cameron  George  Osborne  neoliberal  neoliberalism  academia  academic  alangreenspan  Ben  Bernanke  benbernanke  Great  Moderation  zombie  banks  ideology  individuality  sociology  society  psychology  gesellschaft  western  society  capital  gains  self-regulation  regulation  regulators  Bank  Oversight  revolving  door 
may 2015 by asterisk2a
BBC News - New Zealand judge Lowell Goddard to lead abuse inquiry
bbc.in/16gO6IR - Rotherham Council's cabinet is to resign in the wake of a damning report which found it was "not fit for purpose" after a child abuse scandal. Louise Casey's report found a culture of bullying, sexism, suppression and misplaced "political correctness". << bc majority of men were of foreign background and culture. behaviour widespread across UK among (young and old) communities of immigrant background (post-british empire/ww2). &! bit.ly/1EOMZgK - In December of last year, Scotland Yard was handed a dossier by MPs containing the names of 22 high profile figures, including three current MPs and three members of the House of Lords, who it alleged were involved in a Westminster paedophile ring that operated in locations throughout the country in the 1970s and 80s. &! bit.ly/1EVDwWk &! youtu.be/BAY46NW7EDo &! bbc.in/1KICwFI
UK  Social  Services  child  sex  abuse  Pedophilia  abuse  of  power  immigration  immigrants  history  integration  society  cohesion  culture  subculture  Toff  Establishment  No  Representation  Privileged  Westminster  Career  Politicians  Margaret  Thatcher  Rotherham 
february 2015 by asterisk2a
Economic policy: Paved with good intentions | The Economist
Although the debate [austerity] relates to the UK, I think it has a much wider resonance. And indeed, to a student of history, it has fascinating parallels; economic policy-making was rethought in the mid-1970s, but the same debates are popping up again. [...] Margaret Thatcher on ZIRP & QE "Let us print the money instead. Because what that is saying is let us quietly steal a cerain amount from every pound saved in building societies, in national savings, from every person who has been thrifty." [...] [ZIRP & QE is no free lunch - it has consequences, known and unknown, unintended.]
infrastructure  investment  monetary  policy  Margaret  Thatcher  Mark  Carney  Europe  reflation  zombie  banks  New  Normal  BOE  deflation  macroeconomics  macroeconomic  policy  QE  intellectual  fiscal  policy  free  lunch  UK  PIGS  debt  monetisation  Martin  Wolf  austerity  greatdepression  zombie  consumer  economic-thought  deleveraging  economics  debt  monetization  Richardkoo  liberal  economic  reform  IMF  GFC  output-gap  unintended  consequences  margaretthatcher  Troika  davidcameron  greatrecession  debtoverhang  economic  history  financial  repression  Super  Cycle  sovereign  debt  crisis  monetarism  ZIRP  demand-curve  PIIGS  fiscal  theory  supply-demand  MervynKing  GeorgeOsborne 
may 2013 by asterisk2a

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