The rise of Corbynomics is no joke – we must nip it in the bud

The failure of business and the government to explain why Jeremy Corbyn's ideas are dangerous risks making them more influential, says Matthew Lynn.

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Corbynomics: this joke has backfired

It started as a joke. In the closing moments of nominations for the next leader of the Labour party, a few MPs put veteran left-winger Jeremy Corbyn on the ballot paper. They thought he might enliven the contest, providing some light entertainment.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.