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Contributor(s): Ruchir Sharma | Sharma says progressive youth are partly right and that capitalism has morphed into “socialism for the very rich.” The broader issue, however, is socialised risk for the poor, the middle class and the rich; government is trying to guarantee that no one ever suffers economic pain by borrowing heavily to prevent recessions, extend recoveries, and generate endless growth. The result is rapidly rising debt and declining competition.
Contributor(s): Professor Andrés Velasco, Dr Mukulika Banerjee, Professor Chris Anderson | In addition to the UK election, our experts weigh in on the future of liberal democracies.
Published 07/04/24
Contributor(s): Professor Sir Tim Besley, Professor Richard Davies, Eshe Nelson | They explore the pressure on public finances (from the likelihood of future tax rises or spending cuts) to each stance the parties have taken and whether they've accounted the coming fiscal challenges, to what the...
Published 07/04/24