Since the crash, Vince Cable has held a position in the media as a seer who predicted the financial cricis. I dont recall any such prediction from him, but then I don't spend much of my time listening to Cable.
At last a journalist questions this, step forward Andrew Neil on Straight Talk gives him a proper seeing to. It turns out he flipped flopped on his predictions and his policies. He admits it on the programme. For example Cable also says that he was wrong to support the merger of Lloyds TSB and HBOS last year. As he puts it: "My first reaction was not the right one".
Oddly it turns out that Cable used to be Neils economics tutor at Glasgow!
Elinor Ostrom’s pragmatism:4:30pm, May 29th, 2018 Bush House North East Wing, Kings College, University of London - ‘He was, indeed, in the habit of always comparing what he heard or read with an already familiar canon, and felt his admiration quicken if he could detect ...
1 week ago