‘Working from home, previously often seen as a luxury to which not many workers had the right, has suddenly become the new normal. With workers across sectors grappling to be productive in the face of the new challenges, the impacts of the new work model are beginning to crystallise’
‘No frightened rabbit could be more petrified than the European Union, for the Covid-19 crisis has hammered all its weakest points: its democratic deficit, the fragility of its solidarity, and—most dangerous of all—the inherent faults in its financial and economic structure’
‘Money creation is not neutral. It is a massive transfer of wealth from the efficient sectors, savers and real wages to the indebted and the inefficient sectors’
‘Merit' is a sham — paths that used to be available for the middle class have become blocked, and the gap between the one per cent and the rest is ever-widening
‘If the Bocconi boys’ work is correct, three generations of macroeconomic textbooks should be binned and the fiscalist element in Keynesianism has become intellectual junk’
‘The Brexit shambles could have been largely avoided if there had been from June 2016 a government which — unlike Theresa May’s — was 100 per committed to taking Britain out of the EU’