Uncomfortable though it is to admit, we run our public finances like a Ponzi scheme. The only way out of this mess is to improve our terrible productivity.
Matthew Taylor is currently chief executive of the Royal Society of Arts and, before that, was Tony Blair’s most senior policy advisor. Regarded as one of the most original and open-minded thinkers on the left, there is, of course, little room for even the best of Blairites in today’s Labour Party. Nevertheless, one must welcome […]
Britain is unusual in having a mainstream Conservative Party. In most other European countries the conservative political forces of the 19th century became thoroughly discredited by their defence of the pre-democratic order or by their subsequent collaboration with fascism. The failure of the right should have enabled the left to completely dominate the post-war politics of […]