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Whatever it is, Corbynomics is not mainstream

Jim Riley

1st September 2015

A group of economists hit the headlines last week with their claim that Jeremy Corbyn’s policies are supported by mainstream economics. Perhaps the best known of them is David Blanchflower, a Monetary Policy Committee member when Gordon Brown was Chancellor. He predicted before the 2010 General Election that under the Conservatives, unemployment would rise from 2.5 million to 4 million, even 5 million was ‘not inconceivable’. The actual number now is 1.85 million. Still, economic forecasting is a notoriously difficult exercise.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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