With high household and national debt, and interest rates already at record lows, the UK would have less firepower to deploy than in 2008.
The manufacturing sector is now in recession and the economy has grown below 0.5 per cent for six consecutive quarters.
Spending cuts are ever more harmful and unpopular and Tory MPs will revolt against tax rises.
In his new book Adam Smith: What He Thought, and Why it Matters, Tory MP Jesse Norman critiques “crony capitalism” – a system he believes Smith would have detested.
Four possible economic futures, from luxury communism to exterminism.
A new IFS report shows that welfare cuts and higher taxes have suppressed living standards.
In their new book, the authors of The Spirit Level, Kate Pickett and Richard Wilkinson, reveal the psychological cost of the income gap.
The privatisations that underwrote Thatcherism cannot be repeated: there is nothing left to sell.
In his new book, the LSE professor argues that universal basic income can end the era of “pointless work” and promote freedom.
The Italian-American economist discusses her new book on the true meaning of wealth creation.
Growth of just 0.1 per cent – the slowest since 2012 – shows how Brexit has further damaged an already broken model.