Summary:
"Never mind the public finances. Look after the economy and the deficit will look after itself." For years, critics of George Osborne such as me echoed Keynes' old line. At last, the Tories are, by their own lights, heeding this call. And financial markets hate it. Does this mean the Keynesian advice was wrong all along?No. There's a big difference between the 2010s and now...Stumbling and MumblingTHE FULL EMPLOYMENT QUESTIONChris Dillow, Investors Chronicle
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
"Never mind the public finances. Look after the economy and the deficit will look after itself." For years, critics of George Osborne such as me echoed Keynes' old line. At last, the Tories are, by their own lights, heeding this call. And financial markets hate it. Does this mean the Keynesian advice was wrong all along?No. There's a big difference between the 2010s and now...Stumbling and MumblingTHE FULL EMPLOYMENT QUESTIONChris Dillow, Investors Chronicle
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
"Never mind the public finances. Look after the economy and the deficit will look after itself." For years, critics of George Osborne such as me echoed Keynes' old line. At last, the Tories are, by their own lights, heeding this call. And financial markets hate it. Does this mean the Keynesian advice was wrong all along?No. There's a big difference between the 2010s and now...
Stumbling and Mumbling
THE FULL EMPLOYMENT QUESTION
Chris Dillow, Investors Chronicle
Chris Dillow, Investors Chronicle