Heterodox
Theresa May, the UK prime minister, has all but repudiated the economic policies of the previous chancellor of the exchequer, George Osborne. She has promised an “industrial strategy to get the whole economy moving”. What form should a renovated economic strategy take? The immediate problem to overcome is the uncertainty engendered by the Brexit vote. What weapons exist to fight it? Mr Osborne’s target of eliminating the budget deficit by 2019-20 has already been abandoned, but adding...
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