Category: Economy

NEW WRITER

The mysterious case of the burnt banknote

Michael Green
Image of a burning £50 note; a Union flag in the background.

Conservative orthodoxy tells us that balancing the books of the public economy is both good business and good for business. The last ten years suggest that this is partially or wholly untrue. But why is this model so broken? Michael Green gets his hands dirty digging into the economy’s oily bits.