Rachel Reeves was trained through the Bank of England, which is an essentially neoclassical institution, so the obstacle to change is political will: at what point she will declare that her training, the Treasury and her mainstream economic advice are not fit for purpose is a political decision, not a technical one.

factualpending

Speaker

Abby Innes

Evidence Quote

at what point will she say my training and the treasury in front of me and all the advice I'm getting from the mainstream economists that I'm using is not fit for purpose and that's a political decision

Source

How neoliberalism broke economics | Dr Abby InnesThe Institute of Art and Ideas
Created: 6/18/2026, 1:57:30 PM

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