Here’s the letter, organized by Paul Levine and myself, to appear in the FT tomorrow, and here’s Chris Giles’ story about the letter.
Thanks to those who signed, [dubbed by Danny Blanchflower ‘mindless theorists and right wing nut-jobs’], and the many who were supportive but whose positions don’t allow them to make potentially political interventions like this.
Needless to say, our motivation wasn’t political. It was ire that the mantle of ‘mainstream’ was being offered by the ‘letter of 41’ and claimed by Jeremy Corbyn. Who Labour elects as its leader is the business of its broadly defined ‘members’. But we and our signatories don’t wish to have the median economist position misrepresented.
Small point. The ‘targets’ sentence in the letter is losing people a bit. This is to be read as ‘renationalising will probably make companies worse not better’. [The ‘target’ is the target of the…
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