“The postwar status quo has been turned on its head. Then, financial markets were caged to ensure that governments could pursue domestic economic goals. Now, governments are caged and the markets are free. It is a classic case of the tail wagging the dog.”
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Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes | Larry Elliott
Borrowing can be good, there is no such thing as the ‘nation’s credit card’, and, yes, you can buck the markets – as previous governments have shown, says Guardian columnist Larry Elliott
