Voting with their feet: Labour’s economic advisers desert Corbyn

What is happening to the team of economic advisers that Labour established after Jeremy Corbyn’s leadership election win last year?  The answer is that many members of that team are increasingly dissatisfied with the Labour leadership’s response to their work and in some cases are now backing Owen Smith in the present leadership election. It’s […]

A vote for soft fascism

Yesterday’s vote to leave the EU is a leap into the unknown. It’s becoming increasingly obvious that the winning side hasn’t a clue what happens next.  No exit strategy, no negotiating brief.  Only a vague perception that “we have taken our country back”, and a lot of noise and fury about immigration;  a vote distinguished […]

How one interview destroyed the economic case for Brexit

On this morning’s Today programme on Radio 4, Mishal Husein interviewed Employment Minister and Leave campaigner Priti Patel, following Leave’s pledge to match all the EU funding lost as a result of Brexit for every region of the UK.  In a masterclass in political interviewing, Mishal Husein effectively  destroyed the Leave campaign’s case, by asking […]

Brexit and the politics of irrationality

A few miles from where I am sitting, something altogether disturbing is about to happen.  There appears to be every sign that, in the South Wales valleys, thousands of people in one of the most deprived areas of the UK – one whose Less Developed Region status under EU rules means that it is a […]

Joining the dots? Labour’s State of the Economy conference

Yesterday in London, the Labour Party held its State of the Economy conference, in which more than 700 Labour members came together for debate on the Party’s economic policy for the next election and beyond. It’s remarkable that this event should have happened at all.  Economic policy has long been untouchable, forged by the professional […]

Notes on the new economics: John McDonnell’s tour comes to Bristol

Last night in Bristol saw the latest instalment of John McDonnell’s new economics tour, with prominent macroeconomists Ann Pettifor and Simon Wren-Lewis – both members of Labour’s economic advisory board – speaking to a packed audience.  It was in many respects a remarkable occasion – not just for the content, but for the fact that […]

After IDS: some questions for Labour’s Parliamentarians

With the Tory Party apparently in meltdown following Ian Duncan Smith’s resignation, it’s easy to miss how the events of the past few days affect Labour too.  I’ve already blogged about how the terms of Duncan Smith’s resignation letter expose the cuts and austerity agenda as a matter of political choice, not economic necessity; the […]