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lefroggy01

An Active State—Rachel Reeves in America

Martin Seale Rachel Reeves made an interesting presentation to the Peterson Institute in Washington DC on 24th May.  The speech was accompanied by a 33 page document called “A New Business Model for Britain” in which it was stated: “The causes of Britain’s economic weaknesses run deep, however. For too long, Britain has been held back by two misguided … Continue reading An Active State—Rachel Reeves in America

lefroggy01

Animal Spirits, Taxing and Borrowing  — Editorial

Kwasi Kwarteng is clearly a believer in animal spirits, or more specifically, the animal spirits of the UK private sector. The term ‘animal spirits’ was used by the economist J. M. Keynes to describe the spontaneous forces of vitality that drive human action.  Apparently these animal spirits have been held back by too much taxing and … Continue reading Animal Spirits, Taxing and Borrowing  — Editorial