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By Paul Ormerod The stories we tell ourselves matter in economics, writes Paul Ormerod The Chancellor, Rachel Reeves, often mentions her experience as an economist at the Bank of England. But she has been taken to task by no less a figure than the former chief economist of the Bank, Andy Haldane. Haldane notes that “just after the election, there was a sense of refresh, a sense of renewal, a confidence about the UK both domestically and internationally”. But he went on to say that the Chancellor’s claim of a £22bn black hole in the public sector finances was both “unnecessary and unhelpful”. H…

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