vegansrock
I like Rachel Teeves at least she has knowledge of economics unlike the numerous chancellors from the last government. Plus she hasn’t been fidddling millions in tax unlike zahawi.
Economists come in a variety of 'schools' of economy. unfortunately Reeves belongs to the 'school' of economic thought which has dominated many developed countries over the past 40 years and has succeeded in promoting growing inequality and allowed the wealthy to acquire more and more of nation's resources.
We all saw what happened in the loosely regulated banking sector in 2008, an event which took economists following the accepted orthodoxy entirely by surprise. Unsurprisingly it was predicted by a number of heterodox economists who could see what was coming but were powerless to do anything about it.
Reeeves is once again promoting deregulation of the banking sector and placing her trust in 'the market', that is, the market of financial speculation and extremely dodgy practices which has resulted in failed privatisations in the UK and increasing hardship for more and more UK citizens.
I'm afraid that any confidence engendered by Reeves' 'economist' label is sorely misplaced.
