
Fiscal tightening – prevention is better than cure
“The persistence of austerity as an idea and a policy therefore owes far more to human emotions – or, as Keynes branded them, “animal spirits” – than it does to sound economics.”
Council Members
Secretariat
Guest Authors
“The persistence of austerity as an idea and a policy therefore owes far more to human emotions – or, as Keynes branded them, “animal spirits” – than it does to sound economics.”
“Despite the multiplier’s effect on the change in real GDP being relatively straight-forward to calculate – once you know what it is – arriving at an accurate estimate of the current multiplier is very difficult; and forecasting it borders on the impossible.”
“If we are to survive earth systems breakdown, then we must begin by transforming the Treasury and by removing the politicians that threaten the futures of today’s younger generations.”
Scratch below the surface and recent unemployment statistics appear to be less favourable than you might have heard.
94 academics and representatives of civil society organisations call for Mark Carney’s successor to be someone who will foster a pluralistic policymaking culture.
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