Supply-side policies | Flipped Economics

Strength: they raise capacity, so they avoid the inflation that comes from just boosting AD.
Strength: they tackle structural unemployment, which demand-side policy cannot fix.
Weakness: long time lags, so they cannot fix a recession quickly.
Weakness: government failure: money may be spent on the wrong projects or skills.
Weakness: tax cuts may not raise work or investment if people value leisure or firms lack confidence.

UK productivity: Office for National Statistics, Productivity flash estimate and overview, UK: April to June 2026. Diagrams drawn with Rough.js and perfect-freehand, both MIT licensed. Your answers are saved only on this device.