McDonnellomics

Oct 27, 2019

How Labour’s economic agenda would transform the UK

McDonnellomics: How Labour’s economic agenda would transform the UK is the most thorough examination so far of the Shadow Chancellor’s policy approach and inspiration, rooted in a 1970s Bennite socialist political tradition. Based on a wide-ranging analysis of Labour’s published plans, academic papers and interviews, it finds that McDonnellomics would represent the biggest shift in UK economic policy since the advent of Thatcherism. Even after a short period under a Labour government with John McDonnell as Chancellor, the paper concludes, the British economy would be less resistant to shocks, with a more concentrated and volatile tax base, less flexible labour market and lower investor confidence.

Latest Tweets

NEW REPORT by Richard Ekins and John Larkin QC sets out ten ways in which the Overseas Operations Bill could be amended to improve its effectiveness and to minimise the risk of unintended consequences. policyexchange.org.u…