The LRB Podcast
UK Election Special: The Economy
Jul 3, 2024
Political economist William Davies discusses the poor state of the UK's public finances, analyzing the impact of past Conservative rule and chaotic events like Brexit and the Truss-Kwarteng 'mini-budget'. The conversation explores the potential economic strategies of a likely Labour government, including initiatives like the National Wealth Fund and Great British Energy proposed by Rachel Reeves.
57:12
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Quick takeaways
- Labour emphasizes strategic investments for economic growth post-Truss era.
- Shift towards modern supply-side economics evident in Starmer's policies.
Deep dives
Election Trends and Economic Challenges
Polling trends indicate shifting support towards reform and highlight the economic challenges faced by the UK. Questions arise about the state of UK finances and government policies during COVID times. Structural economic issues are debated, contrasting the Osborne era with potential 'Starmonomics.' The campaign's flat affect and lack of engagement are noted, highlighting concerns over the public's lack of enthusiasm.
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