Category Archives: Political Economy

Published on
1 February 2012

Executive Pay and Responsibility: Where the Buck Stops

The recent debate over the bonus of the Royal Bank of Scotland (RBS) Chief Executive, Stephen Hester, has reached its all-but-inevitable conclusion. He has decided it would be inappropriate in the present climate to accept it. Two arguments were made against his receiving a bonus. Firstly, it was argued that in a bank effectively owned […]

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Published on
27 October 2011

Common Cause on the European Union’s Flaws

The parliamentary debate which occurred on Monday, upon a non-binding motion proposing that a referendum on the UK’s membership of the EU be held, has been widely portrayed as a debate internal to the Conservative party, with its leadership and frontbench squaring up to those on the backbenches. More specifically, the issue has been portrayed […]

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Published on
19 April 2011

Time For a Better Financial Stability Mechanism

Dominique Strauss-Kahn, head of the International Monetary Fund (IMF), has this last weekend called for a better plan to be drawn up to deal with government debts in Europe, and has criticised responses to individual crises so far which threaten to undermine investor confidence there. As Britain prepares for a referendum on its voting system […]

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Published on
15 April 2011

A Privatisation Too Far?

‘A privatisation too far’. Many would be surprised to know how Margaret Thatcher reportedly viewed the idea of privatising British Rail. Although the Thatcher administration privatised much of the national industrial infrastructure, British Rail was finally sold off by her successor, John Major. The mania for privatisation even saw Britain’s first private prison open its […]

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Published on
4 April 2011

Funding and the Arts

From a Guest Blogger: Painters, writers, musicians, dancers and curators have now been put out of their anxious expectation and into the misery they foretold. The arts are being slashed and there is nothing, it seems, they can do about it. On the lips of so many public servants of all (non-creative) stripes is the […]

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Published on
1 April 2011

The Irish General Election and Ireland’s Place in Europe

From a guest blogger: For anybody who follows Irish politics, the recent general election, in the wake of Ireland’s financial crisis, represents a remarkable change in the Irish political landscape, but is also instructive about the underlying dynamics of Ireland’s relationship with the European union (EU). The centre-right party that has long dominated Irish politics […]

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