The Latest Breaking News from Andy Haldane

Andy Haldane says funding ‘social infrastructure’ and cultural institutions is crucial for communities

The warning comes from former Bank of England chief economist Andy Haldane

Andy Haldane says there should be ‘cause to pause’ amid Treasury fears policy will not raise any money

If nothing else, economists are good at naming things. Malthusianism, Abenomics or, my personal favourite, Baumol's cost disease. But for policymakers, the most important theory is perhaps the Laffer curve, named after the American economist Arthur Laffer, who argued there is a theoretical tax rate at which maximum revenue is…