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The Latest Breaking News from John Maynard Keynes

The cynical spectre of Osbornomics is haunting the Labour party

Emergency cuts, empty pockets, a ‘maxed-out credit card’: why is Rachel Reeves using the language and logic of austerity, asks Guardian columnist Aditya Chakrabortty

The Guardian - UK

Flunkies, goons and managerial feudalism: why David Graeber’s Bullshit Jobs is the book that keeps on giving

Our cultural touchstones series looks at influential books.

The Conversation

'Utterly unjustifiable': Economist reacts to Rachel Reeves speech

It looked as if Rachel Reeves had taken drama lessons to put on a show of sufficient mock anger in the Commons today. She clearly wanted to blame…

The National (Scotland)

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We were promised a 15-hour working week. What’s the hold-up?

More UK companies are about to trial a four-day week, and all employees could soon get the right to switch off. It’s still just baby steps, writes Emma Beddington

The Guardian - UK

Bretton Woods: bloodied, battered but still a huge international achievement 80 years on

In July 1944, with war still raging in Europe and the Pacific, 730 delegates from 44 countries gathered at the Mount Washington, a grand hotel built at the turn of the century in New Hampshire. They were on the edge of a little town called Carroll, surrounded by a national…

The Conversation

Peter Riach obituary

Other lives: Prominent Australian economist who settled in the UK to found the economics department at De Montfort University, Leicester

The Guardian - UK

The Federal Union: how a group of 1940s economists dreamt of a European Union for the working classes

On the eve of the Second World War, three Oxbridge graduates joined forces in London and wrote a pamphlet calling for the union of Britain with other democracies to avert the coming conflict. They sent the short pamphlet, titled “Federal Union”, to more than 500 opinion-makers in Britain. The warm…

The Conversation

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What’s the difference between fiscal and monetary policy?

This article is part two of The Conversation’s “Business Basics” series where we ask leading experts to discuss key concepts in business, economics and finance.

The Conversation

The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich

Editorial: Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy

The Guardian - UK

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

The Guardian - UK

Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

The Guardian - UK

William Blake was the emblem of Englishness – but his art was intrinsically European

The revered artist barely left London in his lifetime but, as a new exhibition shows, his work was part of a broader European art revolution

The Guardian - UK

Why is Labour still using the self-defeating, discredited ‘maxed out credit card’ analogy?

It is one thing to U-turn on a modest green transition programme. It is another to do so using mendacious Tory economic paradigms, says the economist Yanis Varoufakis

The Guardian - UK

The world economy is in crisis again. If we look back 80 years, we might be able to fix it

The historic Bretton Woods summit shaped a golden era of growth. This year’s G20 could be our equivalent, says academic and economist Michael Jacobs

The Guardian - UK

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The Guardian - US

Economists warn electing far-right Milei would spell ‘devastation’ for Argentina

More than 100 economists including Thomas Piketty and Jayati Ghosh publish open letter ahead of country’s 19 November election

Evening Standard

OPINION - Rishi Sunak in conversation with Elon Musk went exactly as you'd expect

Artificial intelligence taking all of our jobs was perhaps not the headline Rishi Sunak was hoping for at the end of the two-day, AI Safety Summit at Bletchley Park. But once you invite Elon Musk onto the stage, you somewhat surrender your news cycle to his whims.

The Guardian - UK

A hotbed of English radicalism? Auden, Britten and the unsung glory of the Group Theatre

When they weren’t having screaming rows, the members of this overlooked 1930s collective changed the course of cultural history. Why isn’t it better known?

Fortune

Jamie Dimon says the next generation of employees will work 3.5 days a week and live to 100 years old

Jamie Dimon, CEO of JPMorgan Chase, says AI will allow people to work 3.5 day weeks in the future.

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The Guardian - UK

‘You’re not getting any’ – the secret sexual signals in the Bloomsbury Group’s clothes

The Bloomsbury Group weren’t just artistic and sexual pioneers. They also sparked a sartorial revolution. We meet the author of Bring No Clothes, a revealing book about fashion’s queer trailblazers

Fortune

Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’

“History has shown that for multiyear themes…there is usually little need for investors to rush in,” analyst Edward Stanley said.

The Conversation

From Oppenheimer to Milton Friedman: how the Cold War battle of economic ideas shaped our world

Is Oppenheimer a movie for our time, reminding us of the tensions, dangers and conflicts of the old Cold War while a new one threatens to break out?

The Conversation

Interest rates: the case for cutting them permanently to zero

In 1937 the English economist Joan Robinson proposed that “when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear”. John Maynard Keynes, who had taught Robinson, suggested something similar a year earlier in slightly more qualified and technical…

The Guardian - UK

Raghuram Rajan: the banker who warned of meltdown in 2005

The former governor of India’s central bank now steers a tricky course between supporting free markets and campaigning against unfettered risk-taking

The Guardian - UK

The Guardian view on pricing power: it’s about firms’ strength and profiteering

Editorial: For the first time since Covid, businesses are most to blame for the UK’s high inflation rates. But ministers are doing little about it

Businessweek

The True Cost of an Extended US Debt-Ceiling Standoff

Recurring struggles over the borrowing limit undermine the status of the US as an economic superpower.

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Luiz Inácio Lula da Silva

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