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On the newly-renationalized (✊😊💯👍!) East Coast rail, heading home to York after a very stimulating day at the @UKLabour #StateOfTheEconomy conference, it seemed like a good moment to reflect on this week's @TheEconomist piece on 'Corbynomics' (THREAD)
economist.com/britain/2018/0…
economist.com/britain/2018/0…
The first thing to say is that @duncanrobinson & @econcallum are to be congratulated on a serious piece of analysis, which avoids the parade of dismal, lazy clichés that we see in so many other publications. Serious political journalism shouldn't be so rare, but it's good to see!
There's a useful analytic frame in dividing Labour's political economy thinking into fiscal policy, monetary policy, and structural reforms. And it's right to say that the third of these will actually be the most significant.
