Miscellaneous
Michael Jacobs is an economist and political scientist who is currently the Director of the Commission on Economic Justice at the UK’s Institute for Public Policy Research. Among the UK's leading left-wing thinkers, Michael was previously an economic advisor to Gordon Brown’s Labour government and a member of Britain’s Council of Economic Advisors. Prior to that, he was the Director of The Fabian Society. Having just published the IPPR Commission’s 304-page report, Michael says the decline in UK living standards since the financial crisis has been “really quite remarkable” – and highlights the importance of company-level profit sharing in an increasingly automated economy. Also a confidant of Shadow Chancellor John McDonnell, MichaelJacobs says centrist thinkers in British politics have “lost their way” and the old categories of left and right are “now too simplistic”.