Tag Archives for financialisation

Mortgage debt and wages: A comparison of Britain and Denmark

James Wood

Different approaches to mortgage debt may impact wages, how homeowners engage with employers and welfare services, and economic growth One of the primary motivations for homeownership in advanced economies is securing the home as a financial asset. Whilst this is widely recognised, the impact of mortgage debt on aggregate wages is not. This post looks at how taking on mortgage … Continue reading

14 June 2016 by
Categories: British growth crisis, Debt, Economics, SPERI Comment | Tags: , , , | Leave a comment

Citizenship in a financialised society

Craig Berry

The Conservative government’s promotion of financialisation is transforming citizenship in the UK While the New Labour-ish language of ‘financial inclusion’ and ‘asset-based welfare’ has been quietly eschewed, since 2010 the Conservative Party has continued its predecessor’s agenda around promoting more extensive and intensive participation in the financial system, through asset ownership, in order to enable individuals to play an enhanced … Continue reading

28 August 2015 by
Categories: British growth crisis, Economics, Finance, Housing, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

Labour and the politics of budget responsibility

Craig Berry

The stakes are high as Labour seeks approval from the Office for Budget Responsibility Labour’s Shadow Chancellor, Ed Balls, has requested that the Office for Budget Responsibility (OBR) assesses Labour’s plans for government. His intention is to show that the spending commitments Labour makes in the run-up to the general election are matched by cuts elsewhere, or extra revenue, having … Continue reading

15 October 2013 by
Categories: Craig Berry, Finance, SPERI Comment | Tags: , , , , , , , , , , , | 2 comments