A Christmas Carol (the modern-day economics edition)
by Larry Elliott from on (#Y8W7)
Even the bleakest Christmases past held a silver lining and Christmas 2015 could have been far worse. But only the ghost of Christmas future knows what happens next
It is December 1843 in London. Queen Victoria has been on the throne for six years, Sir Robert Peel is prime minister, and Charles Dickens is about to publish a seasonal novella.
A Christmas Carol is the story of how the embittered miser Ebenezer Scrooge becomes generous and cuddly following visits from the ghosts of Christmas past, present and future.
Related: The Guardian view on Britain's jobs market: Osborne could use Scrooge's caution | Editorial
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