LSE British Politics and Policy blog:
Corbyn and the political economy of nostalgia
15 August 2015
Article by John Van Reenen
Unlike most commentators I have actually read Corbyn's ''The Economy in 2020'' as well as the 1983 manifesto. Corbyn's document has several major advantages. First, at 8 pages it is much shorter and second, it does not (yet) commit the UK to leaving the European Union (a very silly idea). Indeed, Corby-nomics strikes many of the right notes. Low productivity is holding down wages and inadequate infrastructure in housing, transport and energy is, in turn, depressing productivity. This resonates with my findings in the LSE Growth Commission.
This article was published online in the LSE British Politics and Policy blog on August 15, 2015
Link to article here
Related publications
Should we stay or should we go?, Swati Dhingra, Gianmarco Ottaviano and Thomas Sampson, CEP Election Analyses 2015, March 2015
Investing for Prosperity: Skills, Innovation and Infrastructure, LSE Growth Commission in partnership with the Institute for Government and the Centre for Economic Performance, John Van Reenen et al., January 2013
Related links
Swati Dhingra webpage
Gianmarco Ottaviano webpage
Isabelle Roland webpage
Thomas Sampson webpage
Anna Valero webpage
John Van Reenen webpage
Globalisation Programme webpage
Productivity and Innovation Programme webpage