Conversation

The danger of economics determinism:

looks like Rachel Reeves in a renewed (continuing) austerity strategy ('forced' on her by the bond markets) will require Govt. Depts to justify how their activities contribute to growth; those that cannot make a convincing case will be the key areas looking at severe (further) cuts.

In other words prepare yourself for the worst sort of economic determinism & instrumental thinking.... its going to by a myopic, socially damaging fiasco!

#RachelReeves
h/t FT