The hit to the UK economy and the public finances from the pandemic and the persistent weakness of both investment and productivity have underlined the importance of finding policies that promote growth. Could engineering a substantial fall in the exchange rate be part of the solution?
In this latest piece, John Mills argues that the only way to secure a brighter economic future from Coronavirus is by creating the conditions for manufacturers to thrive and compete, just like we did in 1932.
Social democracy seemed close to being the natural order in 2000. Almost all governments in the western world were in the hands of broadly moderate left-of-centre administrations.