So, have I changed my mind since signing the letter? Yes. Because circumstances have changed.En David Newberry van Cambridge University:
It was necessary to cut current expenditure but, given the poor state of Britain's publicly funded infrastructure and the looming recession, the necessary counterpart (taught us by Keynes in the Great Depression whose length we have now exceeded) is to increase public investment expenditure even if this worsened the short-run public deficit.Laten economen in Nederland nog wat van zich horen, nu de verkiezingen naderen? Ik zag gisteren, eindelijk, de Nederlandse vertaling van Krugmans Stop This Depression Now! in de boekhandel liggen.
New Statesman - Exclusive: Osborne's supporters turn on him:
'via Blog this'