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The folly of full employment

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31 Oct 2017

The folly of full employment

The Bank of England is set to lift interest rates in the UK this week, pushing up the cost of your mortgage. The rationale is that high employment levels will push wages up and they need to control inflation.

Yet wages are actually sliding and have been for some time. Isn’t it a leap of faith to expect that is going to change anytime soon?

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What is Balls Radio?

Balls Radio is like talk radio, but for thinking people. Now a short daily occurrence, Phil Dobbie offers his opinions on what's happening, in the UK and overseas: politics, social policy, economics, science, religion. Yes, it's another, slightly overweight middle-aged white man telling the world how it should be. But there's nothing alt-right about Balls Radio. And we try and have fun along the way.

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