Magazine
Latest Issue

There’s a tough economic road ahead

It’ll take more than tinkering to get us out of our current sorry state

By Diane Coyle  

With coronavirus throwing inequalities into stark relief, political leaders must show ambition © © MIKE ROBINSON/ALAMY STOCK PHOTO

In his sombre reflections from exile, The World of Yesterday, Stefan Zweig pointed out how difficult most people find it to appreciate that some events are so cataclysmic there is no going back to life as it was before. The hope is that things will return to normal, that necessary adjustments will be incremental. This was not the case after either world war. Nor, after a global pandemic killing over two million people and the worst recession for decades, if not centuries, does it seem likely that tweaks will be enough today. But although radical changes are needed, and…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect