Thursday, 19 November 2020

Advice for Labour's would-be reformers


“It will be through raising high the prestige of your administration by success in short-range recovery that you will have the driving force to accomplish long-range reform.”
~ John Maynard Keynes pointing out, in his 1933 open letter to US President Roosevelt, that the best way to create the political capital required to pursue a reform agenda is to first encourage a strong economy
[Hat tip The Money Illusion]

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