David Blanchflower

Professor of Economics at Dartmouth College, New Hampshire, Economics Editor of the New Statesman, and former member of the Bank of England's Monetary Policy Committee

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Wages have fallen by an average of 10 per cent in the professional, scientific and technical sector

David Blanchflower: The Bank of England should get ready for more downside surprises

The national statistic Average Weekly Earnings (AWE) has shown absolutely no evidence at all of any wage growth for a couple of years

In his conference speech George Osborne claimed that Britain was the best-performing advanced economy

Sorry, George, but simply cutting the benefits of the poor is not going to make them work harder

Britain is not the fastest-growing, most job-creating, deficit-reducing, of any major advanced economy

An employment office in San Francisco during the 1930s: it took a war to end the Great Depression

Let the Bank of England take note: the risks of raising interest rates too soon are greater than inflation overshooting

Past experience with the zero lower bound counsels patience says Charles Evans of the Fed

The unemployment rate has fallen but there is still slack in the labour market

David Blanchflower: Wages fall as the mystery of the British and American job markets gets deeper still

Nobody, and I mean nobody, would have expected wages in the UK to be more flexible than in the US

Latest figures say export growth in Britain has slowed to its lowest point since April, while factory output is at its weakest since the start of 2013

David Blanchflower: Prices are easing and industry is slowing. Why on earth would we put up interest rates?

The underlying trend in  factory output is its weakest since the start of 2003

The recession began in the second quarter of 2008 and it took 66 months to restore lost output

David Blanchflower: Do not be fooled – growth and living standards under the Coalition have still been abysmal

Over the past six-year period real earnings in the UK fell 6.5 per cent. Only Greece was worse

In France growth is flat and unemployment is rising, but more austerity is on the menu

David Blanchflower: The European Central Bank is a crawling tortoise – six years behind the curve on stimulus

More austerity in France when fiscal and monetary policy are both too tight is a plan for disaster

Ian McCafferty, left, and Martin Weale, second left, are the ‘irrelevant minority’ of the Bank of England’s Monetary Policy Committee

David Blanchflower: The inflation nutters are on the march again – and they are as wrong as ever

Martin Weale voted for rate rises in 2011 but his predictions of rising inflation did not materialise

Mark Carney lamented ‘remarkably weak’ pay growth at last week’s Inflation Report after claiming in May it could hit 2.5 per cent this year

David Blanchflower: The Bank now admits pay growth is going to be poor. They should have listened to me

The unprecedented collapse in real wages under the Coalition is even greater than in the period of the Great Recession from 2008 until the Coalition took office in May 2010

Britain has one of the most flexible labour markets: employment is up by nearly 1.7 million since May 2010

David Blanchflower: Don’t be misled - the fall in unemployment has nothing to do with the Coalition’s welfare reforms

There are no credible empirical studies that show joblessness is being reduced by welfare changes

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