We’re still paying for lockdown, so why is no one talking about it?
To borrow a famous phrase from Karl Marx, a spectre is haunting the election campaign. Despite the frantic efforts by the Conservatives to portray Keir Starmer as a puppet of the left, it is not, as it was for Marx, the spectre of communism. It is the spectre of lockdown. More specifically, the costs of […]
Get the Bank of England focused on the real economy
Economic policy is returning to its usual position of prominence. Fears of a major rise in unemployment are starting to worry the government more than fears around Covid-19. The chancellor’s imaginative schemes concerning furlough and other measures to protect jobs create potential problems elsewhere. So much money is being borrowed that the ratio of public […]
The unions stand on the precipice
Len McCluskey, the leader of the trade union Unite, probably did as much as anybody to ensure Boris Johnson’s massive electoral victory last December. A fervent supporter of Jeremy Corbyn, his grip on the Labour Party machine compelled Labour to fight the election with its most unpopular and inept leader in history. McCluskey is up […]