The word ‘economy’ comes from the Greek ‘oikos’ meaning, household. But currently, too often policy makes the home as uncomfortable, expensive, and pointless as possible. Ultimately, our systems of tax, benefits and subsidies are a result of political choices which reflect objectives from saving money to improving standards. They also create a set of financial incentives that value the efficient over the good.
What if the first principle was not economics, but relationships?
We want to recover the ‘household economy’, enabling people to enjoy more time with dependent children and parents, as well as contribute to the life of the local community.
Miriam Cates MP and Danny Kruger MP make this case in The Telegraph.