Classical Economics Archives

Neoliberalism Doesn’t Work. And We Can Prove It

By Dr Steven Hail

By their own metrics, classical economists have failed to deliver on the promises they made back in the 1970s and 80s. Economist Dr Steven Hail has the charts to prove it.

We need a public inquiry into the economics profession

By Ann Pettifor

Britain is preparing to leave the European Union with no real plan and a government in disarray. How can we trust economists at the Treasury not to impose more disastrous policies?

The Michael Hudson Series – Economic Rent

By Renegade Inc

Professor Michael Hudson talks about the importance of economic rent.

Latest Articles

The Commodification of Everything

e anti-capitalist slogans, 'The World Is Not A Commodity' and 'Our World Is Not For Sale', are tremendously powerful statements about how capitalism insidiously tries to turn human beings into passive consumers for its products. But where does the real power lie? Daniel Margrain explains.

Follow the money: How the world really works

On the cusp of the next economic crisis, some people are waking up to the reality of how the world really works. In fact, daily, more and more people have stopped drinking the Kool-Aid and have started joining the dots. Their mission is simple: to understand how far the tentacles of the vested interests really reach to maintain the status quo.

Thatcher’s Museum – Are We Living In It?

Margaret Thatcher is undoubtedly one of the most divisive people in British political history. But whatever you think of her she's a woman whose economic policies still reverberate today. She'll always be known as someone who loved the tenuous idea of linking property ownership to democracy, who valued the economy over society and thought that a big bang liberation of the City of London would deliver untold riches for everyone.