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UK Election Special: The Broken State

The LRB Podcast

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Analyzing the Impact of 'Treasury Brain' on Government Decision-Making

This chapter delves into the drawbacks of the 'Treasury brain' mindset in government, using the example of the HS2 railway project to demonstrate how focusing on short-term savings can lead to inefficiencies and financial losses. It also explores the struggle between political motivations and long-term fiscal responsibility in government decision-making.

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