We were joined by two economists to discuss the Bank of England’s interest rate hike- Lydia PREEG – who’s in Cambridge – is Head of Economics at the left leaning New
Economics Foundation and Matthew Lesh, who’s head of public policy at the Institute of Economic Affairs which promotes greater market freedom and less state intervention.
mattfrei How about forcing companies to reinvest in Britain instead of pumping dividends overseas, usually tax havens Example: Water monopolies paid out £18.9 billion in dividends since 2010-2021 increasing water bills by an average of £69 per household per year. It's a scam.
mattfrei Hence the reason the 🤡🤡🤡🤡will call a general election. Let's hope so. Then we can set about righting the mess left by the tory government. And we set out to get money paid for VIP PPE, TRACK N TRACE,
mattfrei mattfrei The funding of the IEA is rated by the accountability group Transparify as 'highly opaque'. The NEF has been rated as 'broadly transparent' in its funding by Transparify. So which one do you think viewers need to be told where their political leanings lie?
mattfrei I must object to how Matt Frei described one economics guest as coming from a 'left-leaning' body, while the IEA wasn't branded by it's hard right ideology. Is this the bias we can expect now from C4News in the run up to privatisation?
mattfrei
mattfrei That’s why economists should be redundant. They fail to understand the difference between theory and practice.