Discover and read the best of Twitter Threads about #prestonmodel

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We have to break Britain's #FinanceCurse: btwn 1995 & 2015 the UK financial services sector cost the economy an estimated £4,500bn in lost economic output. Plus fraud, corruption, capture of democracy. There's only one political party that will tackle that
leftfootforward.org/2019/08/inquir…
2) It is crucial that citizens understand the #FinanceCurse phenomenon. It lies at the heart of what's wrong with our economies. More information here taxjustice.net/topics/finance…
3) Some podcasts from @TheTaxcast provide helpful listening: 1) How oversized finance sectors are making us poorer #financecurse taxjustice.net/taxcast/editio…
2) Why we can't afford the rich
taxjustice.net/taxcast/editio…
3) The #PrestonModel, transforming economies taxjustice.net/taxcast/editio…
Read 4 tweets
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…
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.
Read 26 tweets

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