The Capitalist
Despatch: Andy Burnham is overrated
5:38
Andy Burnham is heading for a leadership bid, and he's arrived with a big idea: Manchesterism. Apparently a form of business-friendly socialism, it's built on borrowing, backed by the Manchester skyline, and presented as a credible alternative to both austerity and the hard left. There is just one problem: it doesn't add up.
Mani Basharzad of the Institute of Economic Affairs argues that the…