Posts by Michael Burke

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Michael Burke


Government spending policy is deepening the crisis

Michael Burke 23/03/2012

Michael Burke: The latest national accounts data are worse than they look. The headlines have been about a ‘technical return’ to recession with …

As 'austerity' isn't working, what's the alternative?

Michael Burke 27/02/2012

Michael Burke: Tom Healey has made some very good points in debunking the myth that ‘austerity’ is working. In general the EU governments that …

There's loads of money left

Michael Burke 15/12/2011

Michael Burke: The FT’s Martin Wolf has an interesting piece in yesterday's paper. He discusses the latest EU summit and highlights the …

It's official - austerity isn't working

Michael Burke 05/12/2011

Michael Burke: The Department of Finance’s White Paper Estimates for the 2012 Budget make for grim reading. The White Paper can be found here. What …

Ireland not an austerity role model ...

Michael Burke 28/11/2011

Michael Burke: This is an interesting piece from Martin Knijbbe on Ireland as a poster-boy for 'austerity' measures. In response to an article from …

MTFS (III) - Sensitivity of government finances

Michael Burke 14/11/2011

Michael Burke: Having criticised the government’s talk of improvement in government finances and the economy on the basis of the MTFS forecasts, …

MTFS (II) - It's official, there is no recovery

Michael Burke 11/11/2011

Michael Burke: The government is focused on deficit-reduction. But it is failing to reduce the deficit. There is an extraordinary discrepancy between …

MTFS (I) - Things are getting worse, not better.

Michael Burke 10/11/2011

Michael Burke: The forecasts for both the deficit and for the debt level have worsened since April. The government’s Medium Term Fiscal Statement …

Profits and austerity

Michael Burke 25/10/2011

Michael Burke: In all the discussion of the economy and the crisis, one word is hardly ever mentioned - profits. This piece looks at the level of …

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