The shadow chancellor believes Labour can usher in a “new chapter in Britain’s economic history”. Addressing the business and economic community, Rachel Reeves said she would “reject ...

One of the readers here, Tim Freestone (@Freestone14) wants to take me to task over what he perceives is my misunderstanding of labour economics. He's written a rather longer piece than I can ...

Labour is rejecting, not free-market economics, but economics. Almost any economist, outside the fringes of the Marxist Left, understands how wages and prices work.

Karl Marx’s Marxian economics theory focuses on the role of labor in the development of an economy. It critiques capitalism and the theories of classical economists.

It is an article of faith among mainstream economists that self-interested market competition is the route to higher rates of economic growth, more goods and services, and more jobs. Government ...

There's a non-zero chance that human labor and intelligence could be surplus to requirements in the mid-to-near future. That would entail a seismic shift in the balance of power and the way ...

Generating economic growth should be Labour’s first, second, and third instinct, Giles argues. But this approach would run counter both to Labour’s instinct to redistribute income and to its ...

Earlier this month President Trump fired Erika McEntarfer, the head of the Bureau of Labor Statistics, after a monthly jobs report that showed significant softening of the labor market. His nominee ...

The Chancellor is set to deliver a key pre-election message to the business and economic community.

Labour is rejecting, not free-market economics, but economics. Almost any economist, outside the fringes of the Marxist Left, understands how wages and prices work. And, although there are arguments ...