A couple of links
US academic Lane Kenworthy gets a lot into this post. Is there a viable progressive politics that doesn’t hinge on a strong labor movement? (hat tip Chris Dillow)
And Chris Dillow in his own post points out just how cheap it is for the UK government to borrow. As he says:
The average yield on index-linked gilts with a maturity of over five years is below 0.4%. When borrowing is so cheap, doesn’t it make sense to do more of it?