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George Magnus interview pt 4: the politics of Mark Carney and the recovery

By Jay Elwes  

The Prospector had an in-depth chat with leading economist and author George Magnus on a wide range of domestic and global economic issues. This is the final part of the interview, which considers the extent to which Mark Carney, the Governor of the Bank of England, can be seen as occupying a political role. Carney’s speech yesterday in Scotland on the subject of the monetary consequences of Scottish independence indicated strongly that, unlike his predecessor, he is willing to adopt highly politicised positions. Carney insisted that his speech was “technocratic,” but its political implications were more than clear.

The…

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