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6min chapter
57. How to fix UK growth, why economists fail, and restructuring our economic institutions - Andy Haldane
The Rest Is Money
Tax Cuts and Economic Growth Debate
Exploration of Liz Truss's tax cut announcement and its impact on economic growth, analyzing differing perspectives on the self-financing theory, the Laffer curve, and historical tax rates in the UK. The chapter delves into the balance between tax incentives, revenue generation, and potential consequences during times of public service crisis.
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