Tag: John Van Reenan
The question is not whether Brexit will cost the UK in economic terms, but how much
For over two years, a research team at the Centre for Economic Performance (CEP) has been studying the likely impact of the UK leaving the European Union. Their latest report focuses on the impact of ‘Brexit’ through changing trade patterns. Under ‘optimistic’ assumptions, there is a fall in national income of 1.3 per cent (about £850 per household). Under […]
A howl for the past rather than a serious fight for the future: Corbyn and the political economy of nostalgia
Voting for Jeremy Corbyn as leader is a gut reaction to Labour’s electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kind of wishful thinking that is endemic in UK politics and both blights Labour’s past. His popularity lies in Labour’s failure to defend […]
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