Posts Tagged ‘economics’

Ed Balls may be winning the economic argument – but he could still be wrong, says Anthony Painter

10/09/2010, 02:22:53 PM

The consensus – and a fair consensus at that – is that Ed Balls has had a good war. He has punishingly exposed the illogic and perverse masochism of the school building cuts. Michael Gove, who before entering the department for education was the government’s highest flyer, now seems sheepish and cautious. He’s still standing but his confidence has taken an enormous knock.

And then came the Bloomberg speech. Widely lauded by some of the leading economics columnists including Martin Wolf and Samuel Brittan of the FT, its core plea for the government and British economics establishment not to repeat the deficit denialist errors of the past has struck a nerve. (more…)

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Sadiq Khan rebutts John Woodcock’s critique of Ed Miliband’s labour market views

15/07/2010, 07:49:16 AM

For those who say that there are no issues at stake in this leadership election, I strongly encourage you to read both Ed Miliband’s speech on the future of Social Democracy and John Woodcock’s critique on Labour Uncut.

They show that far from this being a contest of just personalities, there are real issues of substance beneath the choice that Labour makes about who leads it into the next few years.

Ed’s speech argued that whilst the economic model of the New Labour years delivered some important benefits for our country and our society, we must also accept its limitations. Particularly the impact which very flexible labour markets have on the type of jobs the UK attracts and the quality of life outside of work for hundreds of thousands of workers.


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