Iceland may be a barometer for what’s changing in the world economy. It was only very recently that the Milton Friedman fan club was hailing Iceland as a “Nordic Tiger”, lauding its flat taxes and praising its “economic freedom”. “Economic miracle” was a common phrase. Read more »
Junior whip Siobhain McDonagh, an “arch-Blairite”, has been sacked by Gordon Brown for calling for a leadership challenge.
Here’s an interesting tidbit:
In another sign of discontent about Mr Brown, 12 Labour MPs have written a joint article for the Blairite magazine Progress calling for “a convincing new narrative” which is more than just “a series of policy initiatives”.
Read more »
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