Allegra Stratton: When Will Abundance Arrive?

This summer we learnt that the chancellor’s beach read was the policy guru’s page-turner, Abundance. You read it as well? Yes ok, all of the Bloomberg newsroom did too – my copy has underlined bits aplenty including the conceptual earworm: “In the 1960s it was possible to attend a four year college debt-free but impossible to purchase a flat-screen television. By the 2020s the reality was close to the reverse.”

For those who haven’t read it the thrust is that the left should accept that suffocating regulations, and a sclerotic state, held back the supply of housing, health care, innovation and tech.