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Remember trickle-down theory? It's the rose-tinted notion that economic growth is the only way to bring poor people out of poverty and reduce the inequality that divides society and undermine No comment yet.
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A return in average household incomes to pre-financial crisis levels is a "milestone" in the UK's economic recovery, the Chancellor has said.
ESRC's insight:
The article cites research by the ESRC-funded Institute for Fiscal Studies (IFS).
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Institute for Fiscal Studies claims almost all groups have seen real wages fall following financial crisis
ESRC's insight:
The article cites the ESRC-funded Institute for Fiscal Studies.
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The era of austerity will not end after next year’s general election. Most of us probably knew that.
ESRC's insight:
The article cites findings from the Institute of Fiscal Studies which receives funding from the ESRC
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Katie Allen: Poll by the Centre for Macroeconomics found majority of analysts dismissed long-term impact but were divided over size of output gap
ESRC's insight:
The Centre for Macroeconomics who conducted this poll are funded by the ESRC. |
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LSE report warns that forcing financial institutions to forecast risk in the same way could mean they will all end up being caught unawares
ESRC's insight:
Article cites the ESRC-funded Systemic Risk Centre based at the London School of Economics
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Weekly pay for British men since 2008 has fallen 9 per cent compared to 2.8 per cent for women once inflation is taken into account, analysis by the Institute for Fiscal Studies shows.
ESRC's insight:
The article cites the ESRC-funded Institute for Fiscal Studies.
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Young people in Britain saw their incomes fall almost twice as much as older people in the five years after the financial crisis, according to a report published by a leading think tank.
ESRC's insight:
Article cites new research from the Institute for Fiscal Studies which receives funding from the ESRC. |
Tim Jackson is Professor of Sustainable Development at the University of Surrey and Director of the Centre for the Understanding of Sustainable Prosperity (CUSP). The Centre is funded by ESRC.