28-04-2024 19:00 via theguardian.com

The Guardian view on rethinking economics: a discipline in disarray holds too much sway in the UK | Editorial

Gordon Brown challenged Conservative ideas to fix the economy. His successors unfortunately will notWhen Labour’s Gordon Brown embraced “post neo-classical endogenous growth theory” in 1994, he was ridiculed by his opponents. This said more about his critics than Mr Brown. His speech reflected an engagement with academic debates as well as a worldview and diagnosis distinct from Tory narratives. He judged education to be key, as growth depended on human capital. By contrast, to
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