Reeves’ talk of “black holes” leads to bad policies

2 Aug 2024

Rachel Reeves announced the discovery of a “black hole” in the public finances, and blamed the previous Government for concealing it. Jo Michell argues that the use of such metaphors to describe public finances is misleading and leads to damaging and inaccurate narratives about the economy, which in turn produce bad policies. Listening to Rachel Reeves’ speech, … Continued
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Authors

Alexis Papazoglou

Published in
United Kingdom
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© Alexis Papazoglou

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