Spain: A tragic comedy of errors

We can only wonder if Madrid is under the delusion that simply taking over Catalonia’s government and having elections is their silver bullet solution. It is too dogmatic to understand that it is creating political martyrs for the independence movement to be inspired by.

Bailiff Britain

The privatisation of debt collection in Britain has resulted in a boom for the bailiff industry of such massive proportions it would make Al Capone blush. Over 300 UK local authorities outsourced their debt collection to private bailiffs in 2014-15. More than two million debt collection referrals took place over that 12-month period, which works out to more than six new debt enforcement instructions every minute. This is why the industry is seeing double digit growth year-on-year. But at what social cost?

Balanced budget ‘like shooting the economy in the head’ – experts

Treating federal budgets like that of a household has starved economies of precious resources and has facilitated unprecedented levels of private and household debt. Editor-in-chief Claire Connelly explores the consequence of this logical fallacy in an excerpt of her upcoming book, How The World Really Doesn’t Work.