The Business Times

Anatole Kaletsky

CHIEF ECONOMIST AND CO-CHAIRMAN OF GAVEKAL DRAGONOMICS, AND AUTHOR OF 'CAPITALISM 4.0: THE BIRTH OF A NEW ECONOMY IN THE AFTERMATH OF CRISIS' (PUBLICAFFAIRS, 2011).

epaselect epa11458907 Britain's new Prime Minister Keir Starmer delivers his first speech outside 10 Downing Street in London, Britain, 05 July 2024. Labour party leader Keir Starmer became the country's new prime minister on 05 July, after his party won a landslide victory in the general election. EPA-EFE/ANDY RAIN

Britain’s ‘change election’ changes nothing

Much will stay the same, because the new Labour government will largely follow Conservative policy in four key areas, including spending and...

Protesters at a demonstration against the Conservative Party's annual autumn conference on Oct 2. There might have been plausible economic arguments for the UK's new policies, but political blunders have all but guaranteed that the Tories will lose the next election.

The global echoes of a British near-collapse

Despite domestic derision, other countries may draw the lesson that a mix of fiscal stimulus and price controls can help avert economic...

Could Liz Truss's unorthodox policies avert recession in the UK and put Keynesian economics back on its feet?

Will Truss rehabilitate Keynes?

Conventional economic thinking says the new UK prime minister’s experiment with borrowing and spending will produce disaster. But, given how mysterious stagflation...

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