Podcasts Weekly Economics Podcast: Is austerity back? Ayeisha Thomas-Smith is joined by Frank van Lerven and Dora Meade By Ayeisha Thomas-Smith 26 October 2021 At the height of the pandemic, politicians promised to do whatever it took to keep the economy going, and introduced emergency support like the furlough scheme. But now those measures have been cut and the conversation has turned to “fixing the public finances”, ending “reckless borrowing” and preventing “soaring debt”. The word austerity hasn’t featured yet but it’s all feeling a bit
Topics:
New Economics Foundation considers the following as important:
This could be interesting, too:
NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs
NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)
Eric Kramer writes Eric Segall tells us what he really thinks about the Roberts court
Angry Bear writes Supreme Court watchers mollified themselves (and others) with vague promises
Weekly Economics Podcast: Is austerity back?
Ayeisha Thomas-Smith is joined by Frank van Lerven and Dora Meade
26 October 2021
At the height of the pandemic, politicians promised to do whatever it took to keep the economy going, and introduced emergency support like the furlough scheme. But now those measures have been cut and the conversation has turned to “fixing the public finances”, ending “reckless borrowing” and preventing “soaring debt”. The word austerity hasn’t featured yet but it’s all feeling a bit familiar, isn’t it?
So, what do these phrases actually mean? Should we really be worried about things like government borrowing and public debt? And what are some of the alternative ways of thinking about our economy?
Ayeisha is joined by Dora Meade, head of messaging at the New Economy Organisers Network (NEON), and Frank van Lerven, senior economist at NEF.
- Read NEF’s new report Calling time: Replacing the fiscal rules with fiscal referees
Listen on Google podcasts
Listen on Apple podcasts
Image: Simon Dawson /No 10 Downing Street (CC BY-NC-ND 2.0)
Topics Macroeconomics