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Labour’s 2019 Manifesto: My assessment on BBC Radio 5, 21 NOV 2019

[embedded content] As an economist, Labour’s 2019 Manifesto strikes me as a sensible, moderate and well-targeted program in view of Britain’s needs and capacities. Independently of what one thinks of Corbyn and McDonnell (Nb. my friendship and comradeship with both is well known), most people agree that: Exceptional investment in the green transition and technologies, possibly of a level not seen since the post-war reconstruction, is our generation’s duty to the next. A large carbon tax on those who profit from heating up the planet is both fair and logical. Unbearable levels of inequality, and homelessness need to be reversed. The botched privatisations of rail, water, mail and

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An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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