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How Corbynomics could work

This policy's fatal flaw is the left-winger's belief that government money should be spent on his pet schemes

By Anatole Kaletsky   October 2015

©Niall Carson/PA Wire/Press Association Images

Read more: Can ‘Shy Cooper’ voters defeat Jeremy Corbyn in the Labour leadership race?

Whatever you may think of Jeremy Corbyn, he has a point about economic policy. Actually he has two good points and one bad one. Corbyn has been right about what he called People’s Quantitative Easing, a potentially transformative idea for restoring economic prosperity that was proposed years ago by several radical…

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