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Interesting and wide-ranging #maislecture from @AnnelieseDodds setting out the intellectual building blocks of economic policymaking under a future Labour government. Well worth digging beneath the headline reports today 
Big themes of greater use of fiscal policy (w/ eye to distributional consequences of monetary policy); rebalancing market power to workers & between companies; tackling weak wage growth vs returns on assets.
All in @IPPR's Commission on Economic Justice https://www.ippr.org/cej/about-cej/
All in @IPPR's Commission on Economic Justice https://www.ippr.org/cej/about-cej/
Rhetorical strategy of neutralising perception of Labour as loose spenders, or what the public perceive as economic competence, with stress on 'responsibility'.
Policy risk is a focus on value for money impinges on systemic & strategic policy, or risk-taking in industrial policy
Policy risk is a focus on value for money impinges on systemic & strategic policy, or risk-taking in industrial policy
Politically, bigger (& more challenging) prize is to win argument that economic competence goes beyond public accounting.
That takes change beyond Labour - but conditions more favourable now, with eg IMF and OECD stressing need for post-Covid stimulus measures/economic strategy
That takes change beyond Labour - but conditions more favourable now, with eg IMF and OECD stressing need for post-Covid stimulus measures/economic strategy
