A few days ago, Stephen Tall posted his Five Myths About the UK Economy. But in fact understanding what is really going on in the economy is much harder than it first looks. One thing he was definitely right about was that the economy is the big issue and trying to get behind the political rhetoric to discover the economic reality is surprisingly tricky. I decided to post my own three myths about the UK economy.
Myth 1: Cuts aren’t really taking place
The latest fashion for conservative commentators is to deny that real cuts are even taking place. This government, …




With all the depressing news about the economy, I can recommend a re-reading of the
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