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In this final lecture we will consider whether we can plot a more successful future than our recent history might suggest and what that implies for our economic and political institutions.
There are large disparities in economic performance at the regional level in the UK. We need to consider what kinds of policies might raise regional performance and the extent which directed industrial policies and infrastructure spending might be employed to iron out differences.
After Stalin’s death in 1953, successive leaders tried to find ways to revitalise the Soviet regime and rethink its promises to the Soviet people. Life within a system no longer based on terror and intense industrial transformation offered citizens strange alternatives.
The experience of inter-mediation in the UK does not encourage the thought that long term finance can easily be located. Do we need a Development Bank?
Housing represents the main asset class held by UK households and we shall try to understand why it is held as such a large share of assets. We shall then outline whether this choice has other knock on effects in the economy such as labour and social mobility.
How, as a Marxist, did he justify the seizure of power and would the October Revolution have been possible without him? How in this centenary year, are these events being commemorated in Putin’s Russia?
Productivity growth in the UK economy has lagged behind that of our major trading partners. We will examine a number of possible explanations ranging from the role of finance to the employment of physical and human capital.