Simon Wren-Lewis: How to pay for the Green New Deal

In our continuing coverage of the Green New Deal we are presenting an article by Simon Wren-Lewis, an economics professor and advisor of Jeremy Corbyn.

There is one especially good passage: “No one in a 100 years time who suffers the catastrophic and (for them) irreversible impact of climate change is going to console themselves that at least they did not increase the national debt. Humanity will not come to an end if we double debt to GDP ratios, but it could come to an end if we fail to combat climate change.”

Read here

Larry Elliot is missing, but these are the original authors of the UK Green New Deal.

1 Comment

  1. Seems to me Wren-Lewis has made a mistake, not something he does very often. See my article “You can’t build a bridge in 2019 using steel produced in 2029” at my “Ralphonomics” blog.

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