Economics


The Labour Theory of Value

In the works of 19th century political economists, the understanding of the nature of value is of major significance. The Labour Theory of Value is…






Productivity blues

A slew of new United Kingdom productivity statistics were yesterday released by the Office for National Statistics (ONS). The headlines tell a familiar story, but…



How to be stretched like a rubber band

Standing in a local shopping centre, I am thinking, “What do I know?” It is Saturday afternoon in Meadowhall, Sheffield, in England’s north and its…