15min chapter

The Rest Is Money cover image

57. How to fix UK growth, why economists fail, and restructuring our economic institutions - Andy Haldane

The Rest Is Money

CHAPTER

Unlocking UK's Growth Potential and Fiscal Rule Change Proposal

The chapter explores the impact of foreign ownership on the UK economy, emphasizing the need to scale up domestic startups to compete globally. It discusses a proposal to change fiscal rules, advocating for an economics ministry to promote growth over deficit and debt focus. The conversation delves into challenges economists face in foreseeing crises and the importance of real-world experiences in economic predictions.

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