Blog Detail
UK After The Recession
http://postrecession.wordpress.com/
This blog is not about the recession,it is about what happens after the recession. The UK has been experiencing relative economic decline for more than 100 years. Over the past ten years it appeared that this process had been arrested, but now the financial sector, property and retail bubbles have burst it looks as if further decline is likely.
The accusation that Britain has nothing to sell has touched a cord. There are calls for more innovation and investment, in the creative industries,in green technologies or biotechnology for example. It is the contention of this blog that the decline of the UK can be arrested,but that the barriers to growth and change are broader than generally realised.
The UK has become a risk averse and politically stagnant country where the state is intervening constantly at every level. Is it possible for genuine innovation and change to thrive inside a society which is wedded to risk aversion,state intervention and welfarism?
Recent Posts
We need real growth not sustainable growth
It is not clear how the UK will earn its living in the years to come Financial Times 3/12/2009 A new survey of the state of the UK’s economy has drawn a bleak, if not surprising , picture of the weaknesses of the UK economy as...
Data sharing-the guiding principle should be informed consent
There are many good reasons why both governments and businesses may want to capture, analyse and share data. Good in the sense that the intention is to create mutual benefit for all concerned. In some ways we would like digital marketing, for example...
How much is enough?
Robert Skidelsky, with whom I debated on this issue a few weeks ago, has returned to the fray in the Guardian. In his new article he looks at Keynes’s prediction that by 2030 the world (or at least the developed part of it) will have raised li...
Austerity or growth-Cameron flips and flops
David Cameron appears to have realised, as I predicted, that his party’s call for austerity is not terribly appealing. He is now talking af the need to promote economic growth. At this stage there is no substance behind the talk and it seems t...
Can the UK economy become dynamic again and does it matter if it doesn’t?
The Government has finally announced a nuclear power station building programme. Typical of Labour’s record on infrastructural projects it is far too late, too little, underfunded and came in the form of a statement in the House of Commons with...
Economic growth and its discontents
Speech given by me at Battle of Ideas Conference 31 October 2009 in debate with Lord Skidelsky and others Continued economic growth is important because it means that the productivity of labour increases, we get more for less, we get more control ov...

