"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
The UK's economy is stronger than the EU and never collapsed as a result of the Brexit vote — as was predicted — but the UK is oddly acting like it needs the EU.
Yes, democracies give leaders strong incentives to adopt popular policies. But if you study public opinion, you’ll discover that neither libertarian nor wealth-creating policies are very popular.
