Mind the capital gap: British citizens are poorer because UK workers are denied capital
Posted by usrname42
Mind the capital gap: British citizens are poorer because UK workers are denied capital
Posted by usrname42
2 Comments
!ping UK good article about why our productivity’s relatively low – decades of (private and public sector) underinvestment leading to a much lower stock of capital than peer countries.
Tory austerity will truly go down as one of the worst policies every established by a government. A refusal to borrow money at a time when it was historically cheap.
At least there seems to be some good ideas in the links. Establishing regulatory certainty, planning reform, pension reform, infrastructure investment. It’s a shame none of it will happen.