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Channel: Anatole Kaletsky – Prospect Magazine
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Chasing the wrong deficit

Deficit reduction isn’t just difficult politically © Barry Solow Nice economy, shame about the politics. This seems a fair summary of the conventional wisdom on the state of Britain as it heads towards...

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General Election 2015: three ideas for Ed Miliband

“Random attacks on ‘predatory’ businesses or bankers will not do.” © Hannah McKay/PA Wire/Press Association Images Ed Miliband says that voters should judge him not by his personality but by his ideas....

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Is Yanis Varoufakis heading for his own Grexit?

The Greek finance ministry clarified that eurozone membership was not in doubt. ©Wiktor Dabkowski/DPA/Press Association Images Is Greece moving towards an exit? Not perhaps an exit from the euro for...

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Budget 2015: give voters the state they want

Is the traditional budget day format fit for purpose? © Dominic Lipinski/PA Wire/Press Association Images Say one thing, then do the opposite—and get the credit for both. This rhetorical technique,...

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The euro is at its strongest for a decade

Mario Draghi, President of the European Central Bank, looking cautiously optimistic. © Wiktor Dabkowski/DPA/Press Association Images As a longstanding euro-sceptic—with a small “e”, referring to the...

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Productivity is Britain’s biggest problem

A British sugar factory in York. © Ken Crosby What is this election really about? “The economy, stupid.” Bill Clinton’s famous answer about what motivated voters in the United States in 1992 rings...

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The new government faces serious economic risks

George Osborne faces some tough challenges at the Treasury ©Kirsty Wigglesworth/AP/Press Association Images Although the Conservative victory has come as a huge surprise, it does not change anything...

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Britain: Europe’s most unpredictable country

George Osborne has a long, hard job ahead. © Christopher Furlong/PA Wire/Press Association Images To everyone’s amazement the election produced an unambiguous winner. But what about the losers? Apart...

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Putin is looking east

Putin and Chinese President Xi Jinping at a conference last year. © AP/Press Association Images Read Chrystia Freeland on the real fight in Ukraine When the history of the early 21st century is...

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Summer Budget 2015: Osborne is no child of Thatcher

Work and Pensions Secretary Iain Duncan Smith punches the air as he listens to Chancellor of the Exchequer George Osborne deliver his Budget ©PA/PA Wire/Press Association Images At 10pm on 7th May, the...

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The Iran deal marks the end of the Oil Age

The Shah opens facilities of the International Naval Oil Company of Iran in 1970 The deal to end sanctions against Iran is an event of great importance. What is less widely recognised is that its...

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Labour leadership: how Corbynomics could work

Jeremy Corbyn has responded to accusations of antisemitism made by the Jewish Chronicle and others. ©Niall Carson/PA Wire/Press Association Images Read more: Can ‘Shy Cooper’ voters defeat Jeremy...

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Will the next financial crisis be Made in China?

Chancellor George Osborne speaking during a meeting with Chinese investors in Chengdu ©Stefan Rousseau/PA Wire/Press Association Images Read more: Is Osborne making a mistake in China? The Conservative...

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Why Brexit could be Britain’s biggest diplomatic disaster

© Ssolbergj Now read Peter Kellner on why Britain could really vote to leave Ask any divorced couple whether their relationship would have been different had they never married. Actually, don’t bother...

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More jobs by the day—but why?

© illustration by Ben Jennings As George Osborne justifiably boasted in his Autumn Statement, Britain is now growing as rapidly as the United States and faster than any other G7 economy. Job creation...

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The time to “fix the roof” has come

Britain’s Chancellor George Osborne, right, and China’s Minister of the General Administration of Customs Yu Guangzhou shake hands after signing an agreement. Britain is to be China’s “partner of...

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Sorry Robert Gordon, economic growth is not over

©tec_estromberg Read the two pieces from last month’s Prospect that Anatole Kaletsky is replying to:  The end of economic growth  Will our children really not know economic growth?  Last month Prospect...

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In praise of “Project Fear”

British Prime Minister David Cameron and German Chancellor Angela Merkel at an EU summit in Brussels, 17th March 2016 ©THIERRY ROGE/Belga/PA Images Read more: Brexit won’t mean Scottish independence...

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Brexit would sink the pound

David Cameron arrives for an EU summit in Brussels on 18th March, 2016. Kaletsky argues “Cameron’s Brexit gamble is far worse than the pound’s plunge so far” ©Geoffroy Van der Hasselt/AP/Press...

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Continental envy

President of European Central Bank Mario Draghi. Draghi has transformed the bank for the better, argues Anatole Kaletsky. As a result, we will envy the EU’s economic performance if we leave it, he says...

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