There is something profoundly disturbing about the reaction to Russell Brand’s rants but it has nothing to do with his garbled slogans or juvenile demeanour. It is rather that many influential people seem to respect the middle-aged comedian’s views. His recent appearance on the BBC2 Newsnight programme was more of a tirade than an interview. Much of […]

One of the most pervasive and damaging misconceptions in public debate is that economics can be understood from the perspective of the consumer. The acceptance of this blinkered worldview makes a balanced understanding of the economy impossible. Take the idea that the economy is suffering from a lack of confidence or “animal spirits” as the […]