Monday , June 10 2024
Home / Robert Skidelsky

Robert Skidelsky

Letter: The reason Keynes argued for an active fiscal policy

May 1 2024 William White is right (Letters, April 29) to say that John Maynard Keynes regarded the rate of interest as “highly conventional”, but he should have quoted the whole sentence from chapter 15 of The General Theory: “The difficulties in the way of [full employment] ensue from the association of a conventional and highly stable rate of interest with a fickle and highly unstable marginal efficiency of capital.” It was for this reason that Keynes advocated an active role for fiscal...

Read More »

The Language of Political Control

April 19, 2024 ROBERT SKIDELSKY George Orwell’s great contribution to dystopian literature was not his depiction of the modern surveillance state, but rather his insight that if everyone used only state-approved language, surveillance would become redundant. The difference today is that Newspeak has emerged from the mechanisms of liberal democracy itself. LONDON – Language shapes our thinking and perception of the world and, consequently, what happens in it. That is why I worry less...

Read More »

Post-Capitalist Pessimism

March 21, 2024 ROBERT SKIDELSKY Faced with a choice between parasitic capitalism and emerging neo-fascism, it is no wonder that Western societies are increasingly pessimistic. While pessimism has pervaded previous eras, today’s mood is sustained, and partly defined, by the absence of a redemptive vision. LONDON – In 2003, the literary critic Fredric Jameson famously observed that “it is easier to imagine the end of the world than the end of capitalism.” For the first time in two...

Read More »

The Lost Peace (Short Version)

The Lost Peace by Robert Skidelsky February 2024As the Ukrainian war enters its third year, there has been renewed, if rather limp, talk of a ceasefire followed by negotiations. The premise is that since neither side can ‘win’, it makes sense to start making peace. Few now remember that the war almost ended before it got going. On 24 February 2022, Russia launched ground and air attacks on Ukraine on four fronts. On 28th February 2022, Russian and Ukrainian officials came together to...

Read More »

Speech at the Foreign Affairs debate – Tuesday 5th March 2024

My Lords, it is a rare privilege for us to have the Foreign Secretary wind up a debate on foreign policy in this House. Such are the quirks of politics, I suppose. I shall concentrate on one topic, and that is economic sanctions. The sanctions regime has emerged as one of the most important tools of British foreign policy. Despite, or perhaps because of their long and tangled history, their rationale remains deeply mysterious. Are they tools of war avoidance or an extension of war by...

Read More »

The UK Labour Party’s Green-Energy Debacle

Labour leaders’ decision to abandon their highly publicized Green Prosperity Plan underscores the party’s ongoing failure to articulate a coherent response to Conservative criticism. Instead of focusing on bolstering their fiscal credentials, Labour leaders should reconnect with the party’s Keynesian roots. LONDON – Following months of speculation and infighting, the United Kingdom’s Labour Party has officially abandoned its pledge to borrow £28 billion ($35 billion) annually to invest...

Read More »

The Lost Peace

Russian-Ukrainian peace talks, February–March 2022 20th February 2024 As the Ukrainian war approaches its second anniversary, there has been renewed, if rather limp, talk of a cease-fire followed by negotiations. The premise is that since neither side can “win,” it makes sense to start making peace. Few now remember that the war almost ended before it got going. On February 24, 2022, Russia launched ground and air attacks on Ukraine on four fronts. On February 28, 2022, Russian and...

Read More »

The Machine Age

My new book, The Machine Age, was published by Allen Lane on the 2nd November 2023. It’s available to buy on Amazon. Launch events were held at the Royal Society of Arts on the 6th November 2023 and UnHerd Club on the 28th November 2023. Links to the videos of each launch event are below: Royal Society of Arts: https://www.youtube.com/watch?v=JX1m1RNmjd8 UnHerd Club: https://www.youtube.com/watch?v=p3XM1WB88Ls The following is a 23 page summary of the book: Preface This...

Read More »