UK unemp currently low but it will soon have neither a furlough scheme nor generous unemp benefits. The replacement ratio is among lowest in @OECD -> Rise in unemp will not only hurt jobless, but also suck spending power from the economy.
@DuncanWeldon
economist.com/britain/2020/0… https://t.co/n8GqWcrZuj
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…