John McDonnell’s economic advisor speaks out about about Labour's fiscal and welfare policies.

Yellen is a distinguished academic, especially known for her work on unemployment. She has even written about out-of-wedlock child-rearing, gang behaviour and the brain drain; she cares about the real world and her work involves careful analysis of behavi

Maybe Oborne didn’t notice that the whole basis for the Chancellor’s economic strategy – stemming from work by Carmen Reinhart and Kenneth Rogoff – has been shown to be ruined by spreadsheet errors.

The coalition’s Plan B is now in full operation – crossing fingers and toes and hoping something will turn up.