2min chapter

The Sound of Economics cover image

Read with Bruegel: The Crisis of Democratic Capitalism

The Sound of Economics

CHAPTER

The Importance of Economic Development

Blair government missed the economic development and industrial policy side of what was needed. Without a fundamentally viable, vigorous economy, which generates good jobs we're in terrible trouble. The problem is, to the extent we have a vigorous economy, it doesn't generate good jobs. To the extent we generate jobs is not in places where there's a vigorous economy or they're not good jobs.

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