To all the world it looks like government debt is the overwhelming problem, dwarfing concerns about a weak recovery. I want to argue that this is a profound misreading of the situation. An alternative view, which appears more consistent with the facts, is that the crisis which started with Greece in fact tells us about some basic design flaws in the eurozone. Outside of the eurozone, the problem is that we have too little government debt, rather than too much.
State of the North 2024: Charting the course for a decade of renewalThe North’s communities are ambitious for a better future, but face systemic and pronounced inequalities. Gaps in power, wealth, opportunity, and health result in shorter, sicker, less fulfilling lives.
No home left behind: Funding a just transition to clean heat in ScotlandHow can we ensure that investment in clean heating in Scottish homes drives a just transition, sharing costs and benefits fairly?
The asylum backlog: Job done?This blog post sets out how the department must now grapple with a new set of backlog challenges.