Tag Archives: Phelps

Our real crisis is government silencing the sound and fury of capitalism

THE STRATEGY is set for the general election on 7 May next year. Expect 12 more months of Labour banging on about the cost of living crisis, and a year of the Conservatives talking up the long-term economic plan. If only they weren’t both wrong.

Yes, the Conservatives can justifiably point out the country’s return to a decent rate of growth and heartening levels of job creation. Labour understandably enough is looking the other way, focusing on how tough it can still feel to live in Britain in the wake of a vicious recession. Statistical grandstanding is better than anecdotal resentment, but as they talk past one another, both sides miss the point: a truly flourishing modern economy will feel exciting wherever you stand.  Continue reading

Advertisements

Leave a comment

Filed under Economics, Politics