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The idea that a contraction in public spending could be more than replaced by private investment and enterprise – so-called “expansionary fiscal contraction” – is at best highly controversial.
Two articles on the same day on austerity by Financial Times journalists Chris Giles and Delphine Strauss demonstrate political orientation generating political bias.
‘In my new book, Austerity, we step back from the emotional reactions on both sides of the debate; and we carry out a much more forensic analysis, following the evidence – and only coming to a conclusion when all of it has been carefully sifted and considered’.
Neoclassical economics has always relied on a positivist approach to economic issues, presenting economists as being non-ideological and free from bias. Yet ideology is embedded in economics departments all over the world.
Of the nineteen UK governments since the Second World War, only two have torn up the rule book and tried to build a better future, instead of simply recycling the
In the runup to the publication of the new, third edition of his book ‘Inequality and the 1%’, Danny Dorling writes for the PEF blog on New Labour and the recent history of inequality in the UK.
What if we had a government prepared to implement the policies that could radically change 21st-century Britain and improve people’s lives? A new book from PEF and PRIME explores those policies.
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