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Simon Wren-Lewis is Emeritus Professor of Economics and Fellow of Merton College, University of Oxford. He blogs at mainlymacro.
In much of Britain, Conservative privatisation produced monopolies that reduced services, while London and other European cities prosper with more regulation.
Brexit and those pushing for it have displayed almost every element of Müller-style populism.
Pro-Brexit parties are trumping anti-Brexit parties in the polls. The problem is that the Labour vote is mostly made up of Remainers.
The press does not just reflect the attitudes of its readers, it creates and shapes them.
Both Conservative Brexiteers and Remainers would seek to thwart a soft Brexit negotiated by a Corbyn-led government.
The growth of “left behind” voters reflects economic and regional inequality, and a lack of representation, not just deindustrialisation.
The delusion that the UK can strike valuable trade deals with the rest of the world has driven Leavers to repeatedly reject Theresa May's deal.
Britain will have avoided one cliff-edge only for another to appear as it seeks a new trade deal.
To raise real wages, we need higher UK productivity, and that will only come from stronger private and public sector investment.
Unless we have politicians who understand the need for radical change, the snake oil sellers who sold us Brexit will happily carry on plying their wares.