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The defeat of free market ideology will be worthless if it results in a fear of public spending, says Josh Ryan-Collins of the UCL Institute for Innovation and Public Purpose
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An interesting piece in today's Guardian that looks at how the current debates about economic policy in the mini-Budget might be used to frame future policymaking decisions.
The Conservatives are going to have to launch another round of austerity measures, but are going to use this to suggest that - ha, ha - they are the party of fiscal discipline. However, the author, Josh Ryan-Collins, argues that the Labour Party need to look beyond this.
In essence, he's asking them to draw a clear distinction between current expenditures and capital expenditures, and then focus on the latter to argue that a true pro-growth agenda would be spending money on supply-side reform and also focus on tackling inequality and ensuring better policy co-ordination. These don't look unreasonable to me.