Ed Miliband for Chancellor: A Bold Move or a Necessary Shift? Nicholas Stern's endorsement of Ed Miliband as chancellor is more than a nod to his friend; it's a call to address the UK's economic stagnation.
As a senior figure in the Treasury during Gordon Brown's tenure, Stern knows that inaction will only exacerbate the current state of affairs.
Stern's advocacy for Miliband is rooted in his own work on climate change, which has shown that early and strong action yields far greater benefits than costs.