Economic policy is not made by a meritocracy in which the people with the best ideas get the most say. Nor of course is it a democracy in which we all have equal say.
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Chris Dillow: The futility of economic policy debate
Climate Crisis
Joe Guinan – Port Talbot’s Betrayal Shows Britain’s Lack of Direction
‘There is no future for a country with no real approach to developing a green steel industry — Port Talbot’s treatment demonstrates the Tories’ lack of seriousness to this reality.’ In Tribune. Read the article […]
Austerity
Simon Wren-Lewis: Decreasing the size of the state is very unpopular
Why? Why have we been told for decades that people are fed up with state intervention and state run companies? It is not only the bubble politicians live in. Wren-Lewis fails to mention the integral […]
Economics
Lorenzo Bini Smaghi: The eurozone must not return to its pre-crisis ‘normality’
If Schäuble really wants to follow Keynes’ advice, Germany should borrow more and focus less on others’ spending habits. Read here © REUTERS
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