Don’t build a ‘new economics’ without properly understanding the old

James Meadway, economic adviser to Shadow Chancellor John McDonnell, has written in the ourEconomy section of Open Democracy on the necessity for ‘building a new economics’: Some parts [of new economics] are half-remembered, and then placed together in peculiar (and often largely useless) new ways, like “Modern Monetary Theory” – a reconstruction of post-war Keynesianism… Read more

Supporting the NHS

We are told that 6% of NHS health staff are EU nationals and the NHS has 100,000 staff positions unfilled. Yet according to the Medical Schools Council the government determines the number of medical school places available each year. For England that is 7,500. Each medical school is allowed to recruit a maximum of 7.5%… Read more

Education, education, edu….

This is unashamed Labour Party propaganda. But let’s forget that.   This is real, proper investment. Investment in ourselves, our people and our future. The only argument against is that it is ‘unaffordable’ and we know that is bunkum. The question is rather can we afford NOT to do this?… Read more

Can you have too much education?

When Charles Adams posted “unless we stop thinking of education as a commodity, we will fall behind.” it set me thinking whether we should be offering a tertiary education as of right. Historically and indeed up until quite recently we have been gradually raising the school leaving age and now it is in effect 18… Read more