Doing Capitalism in the Innovation Economy: Markets, Speculation and the State
Introduction Part I. Learning the Game: 1. Apprenticeship 2. Discovering computers 3. Investing in ignorance Part II. Playing the Game: 4. The financial agent 5. The road to BEA 6. Apotheosis Part III. Understanding the Game: The Role of Bubbles: 7. The banality of bubbles 8. Explaining bubbles 9. The necessity of bubbles Part IV. Understanding the Game: The Role of the State: 10. Where is the state? 11. 'The failure of market failure' 12. Tolerating waste.
The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble
Introduction 1. London's first stock market boom 2. The rise of the public funds 3. The contemporary debate 4. The development of a financial press 5. Networks of information 6. The investors 7. Stock-jobbing the market 8. Investment strategies Conclusion Appendices Bibliography.
Falling Behind, Getting Ahead: The Changing Structure of Inequality in the UK, 2007-2013
Detailed examination of the qualifications, employment, pay, incomes and wealth of different groups since the economic crisis reveals an uneven legacy. Young people in their twenties have lost out most across a wide range of outcomes, despite gaining higher qualifications than previous generations.  By 2013 more than a third of young people in their thirties had a degree, and those in their twenties were on course to become even better qualified. But full-time employment of those aged 20-24 fell by 10 percentage points for men and 8 points for women between 2006-08 and 2013.  Hourly wages and weekly earnings fell fastest among younger workers. This affected the highest-paid under 35s, as well as the lowest-paid. After allowing for housing costs, typical incomes for those in their twenties in 2012/13 were 18 per cent lower than five years before.  Wealth changes tilted away from younger households too. By 2010-12, median total wealth for households aged 55-64 had grown to £425,000, but had fallen to £60,000 for those aged 25-34. Bridging the £365,000 gap would require young households to save or make pension contributions of £33 every day for the next thirty years.  Council and housing association tenants fared worst in the labour market. By 2013, fewer than half of adults in social housing were employed or self-employed. But allowing for increased rents, the incomes of private tenants fell fastest – by 13 per cent in real terms from 2007/08 to 2012/13.  Employment fell less in London than in other regions, but the gaps between low-paid and high-paid Londoners grew fastest. Allowing for housing costs, the lowest-income Londoners were 18 per cent worse off in 2012/13 than five years earlier. The top tenth of London households had total wealth over £1 million, but the bottom tenth less than £6,300.  Experiences of ethnic groups varied considerably. A smaller proportion of White working-age adults now have degrees than any other group apart from Bangladeshis. But White men had the smallest rise in unemployment and a much higher proportion of White adults were employed than of other groups. Chinese and Indian households now have the highest wealth.