Category Archives: UK

Escaping Liquidity Traps: Lessons from the UK’s 1930s Escape

by Nicholas Crafts This article was originally published by Voxeu.org on May 12, 2013 The UK escaped a liquidity trap in the 1930s and enjoyed a strong economic recovery. This column argues that what drove this recovery was ‘unconventional’ monetary … Continue reading

Posted in Economics, Government, UK, macroeconomics, money | Tagged , , , , , , , , , , | 1 Comment

Comparing Unemployment During the Great Depression and the Great Recession

by William K. Black, New Economic Perspectives Barry Eichengreen’s and Tim Hatton’s January 1988 paper entitled “Interwar Unemployment in International Perspective” is a useful starting point for any effort to compare unemployment during the Great Depression and the Great Recession. … Continue reading

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80 Years to Deflate Unemployment Crisis in Ireland?

by Constantin Gurdgiev, TrueEconomics.Blogspot.in Continuing with the Ireland Live Register data theme: in the first post I covered broader long-term trends in the LR, with the second post looking at some sub-trends relating to nationality of Live Register signees. Here: … Continue reading

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Stratfor: UK Moving Away from the European Union?

By George Friedman, Stratfor Founder and Chief Executive Officer British Prime Minister David Cameron will deliver a speech in London on Jan. 23, during which he will discuss the future of the United Kingdom’s relationship with the European Union. Excerpts … Continue reading

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U.K. Houses: 20% Too High?

by Andrew Butter Personally, I thought the bounce of house prices in UK starting April 2009 was an illusion. Three years later, they still haven’t down so I  have started to think I obviously got that wrong, although there is … Continue reading

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