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Stiglitz on Falling Living Standards in the UK

Geoff Riley

24th May 2015

This interview with Joseph Stiglitz in the Guardian is largely about the United States but there is also an important section on the UK in which Stiglotz highlights the steep decline in real living standards in the UK since 2008. "GDP per capita in the UK is lower than it was before the crisis. That is not a success." For enrichment and extension revision, this article comes strongly recommended.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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