Need to reset economic thinking

Need to reset economic thinking

Peter Lyons. We are living in an age of rising inequalities on a variety of fronts, writes Peter Lyons.

My friend got her "proposed restructuring" letter two years ago. In the mumbo jumbo terminology of modern management, her position was being "disestablished". She had been in customer services with the firm for more than 10 years on a middle income. It took her six months to find alternative work. In her own words, she had been living in a bubble and hadn’t realised how tough the labour market had become. Salaries offered for similar roles had dropped significantly with […]

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