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Similar vibes from Haldane yesterday. Can you guess what the right answer (to the falsely framed question) is?

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Wolf and Haldane have reputations as good thinkers, but honestly, I have read and written a lot on this topic over the past decade and I don't know a single economist who would agree with any of these points. They're just completely divorced from mainstream thinking.

These are political problems; they show up as legal and regulatory problems because that's how accountability sinks work. Not only that, the political problems are largely a result of erosion of trust, which is a result of the behaviour of developers, which is a result of deregulation.

Can anyone tell me what the Conservative ‘growth plan’ is — cuts to IHT and 70bn of benefit cuts that wont happen. Did I miss some further details?

It didn’t work for Osborne with rates at zero but it’s bound to work for Badenoch with rates at 5%. (Just might work for us meme etc)

The state needs to be strengthened to deal with the massive age related demographic changes we are experiencing. No society in human history has ever had to deal with this. Capitalism itself doesn't work when the population becomes elderly.