As the man himself famously did not say: “When the facts change, I find new reasons to advocate for stimulus packages.”
Can austerity really be to blame in a country with sky-high levels of sovereign debt and public spending?
Labour productivity is just about the worst way of analysing the impact of the last recession and Britain’s subsequent recovery
The new neo-Keynesianism: Britain must run a deficit to prop-up demand in the Eurozone
Armed with theories and formulae that aren’t accessible to outsiders, the economics profession has gained a privileged position in the policy making process
Neither George Osborne nor his enemies have an explanation for Britain’s missing productivity
There are lessons in the recovery for both Left and Right.
Austerity or stimulus? With the IMF leaning towards the latter, the neo-Keynesian pro-stimulus crowd think they have the upper-hand. As far as Britain’s concerned, the IMF does see some scope for bringing forward infrastructure investment, but that’s hardly an endorsement of Labour’s policy of opposing just about every cut the Coalition makes to current spending. […]
Matthew Taylor is currently chief executive of the Royal Society of Arts and, before that, was Tony Blair’s most senior policy advisor. Regarded as one of the most original and open-minded thinkers on the left, there is, of course, little room for even the best of Blairites in today’s Labour Party. Nevertheless, one must welcome […]