The economy - why Rachel Reeves has got it wrong - Richard Murphy

31st August 2025

The UK doesn't just have one economy: it has three. They are the real economy, the sustainable economy, and the monetary economy.

However, the government is fixated on the wrong one.

In this video, I explain why the real economy matters more than the monetary economy, why sustainability needs to get a look in, and why Rachel Reeves seems to have no clue about almost any of this, at cost to us all.

Read a transcript of this video at
https://www.taxresearch.org.uk/Blog/2025/08/31/which-economy-should-we-manage-and-why/