Britain’s economics students are dangerously poorly educated

Universities that only train young people to be City analysts leave us unable to learn from the past or predict the future

Last year the chief economist at the Bank of England, Andy Haldane, gave a fear-inducing speech that warned of Armageddon in the jobs market. Robots threatened 15 million UK jobs, he said.

This dystopian picture of busy machines and queues of jobless Britons was replaced this month by a rosier view from PwC, which made the opposite claim: robots and artificial intelligence could create as many jobs as they destroy, which happens to be around 7 million.

It seems it is still seen as radical to analyse the flows of money in the world as if much of it was stolen

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10 Weekend Reads

The weekend is here! Pour yourself a mug of drip coffee, grab a seat on the canoe, and get ready for our longer form weekend reads: • Inside the Always Nasty, Frequently Sexist, and Often Litigious World of Financial Twitter (Institutional Investor) •The Insane Saga of the Fake Saudi Prince Who Scammed Miami’s Rich and Famous (Vice) • The People’s Penthouse: In a…

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