Economist Podcasts Another man’s Treasury: Britain’s cabinet upheaval
Feb 14, 2020
Join Anne McElvoy, Senior Editor at The Economist, and Susanna Cahalin, author of 'The Great Pretender,' as they dive into the tumultuous reshuffle of Britain’s cabinet under Boris Johnson. They dissect Sajid Javid's resignation and the potential consolidation of power within the Treasury. The discussion also probes the revealing revelations of the Rosenhan study on mental health and the struggles of misdiagnosis. Plus, hear about the Berlin club scene, where gentrification threatens beloved venues but culture endures.
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Javid's Resignation
- Sajid Javid resigned as Chancellor of the Exchequer after refusing to fire his advisors.
- Prime Minister Boris Johnson wanted to replace them with a team chosen by himself and Dominic Cummings.
Clash of Visions
- Boris Johnson's desire to control spending and economic policy led to the clash with Javid.
- Johnson wants to increase spending, especially in northern England, contradicting Javid's fiscal conservatism.
Risks of Alignment
- The close alignment between the Treasury and Number 10 under Johnson carries risks.
- Prime ministers often prioritize short-term political gains over long-term fiscal stability.
