Topic updates
Why did we sell off the railways?
29th April 2018
The FT has this super video interviewing people on both sides of the rail nationalisation/ privatisation debate. A great resource to use as background to teaching the economics of private versus public ownership.
Why did we privatise thr railways? Was it worth it? I made this little movie for the @FT with genius animator @tomhannen and some great, frank interviewees including #sadmanonatrain Malcolm Rifkind and @Andrew_Adonis https://t.co/ijy0lQV7FX
— Miranda Green (@greenmiranda) April 9, 2018
Update:
The Public Accounts Committee have suggested in a new report (April 2018) that the current state of the railways implies that the current franchising system isn't fit for purpose. This view reflects the poor performance of the Southern and East Coast rail franchises.
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And here is a BBC Newsnight report from 2016
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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