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Most recent posts

  • A (lightning) rod for Mr Osborne's back

    posted to BBC NEWS | Stephanomics on Thu 9th Sep 10

    It's no surprise that Robert Chote is going to be head of the Office for Budget Responsibility. He was an easy choice. But the job is anything but. As I've discussed before, the OBR is an odd hybrid. To make its forecasts, the government's new independent forecaster

  • The case against Mr Osborne's austerity

    posted to BBC NEWS | Stephanomics on Wed 8th Sep 10

    Spending cuts will be this government's "poll tax", according to the TUC chief Brendan Barber in an interview with the FT [registration required].Yesterday I laid out George Osborne's best arguments for pressing ahead with the steepest cuts in public spending

  • The case for Mr Osborne's austerity

    posted to BBC NEWS | Stephanomics on Tue 7th Sep 10

    George Osborne has already shown he is a courageous chancellor. But is he also mad? In essence, the fate of Britain's recovery over the next few years depends on the answer to that question. Thanks to Mr Osborne, Britain now has the earliest, most aggressive

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  • The economist's new clothes

    posted to BBC NEWS | Stephanomics on Mon 2nd Nov 09

    Economists, at least the macro variety, didn't have a good financial crisis. And they're not having much of a recovery either. Much like the UK. You may remember that I wrote about the dismal state of the dismal science back in the summer (http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/2009/07/is_economics_a_busted_flush.html).

  • Is economics a busted flush?

    posted to BBC NEWS | Stephanomics on Fri 17th Jul 09

    Has this global crisis shown that economics is a load of rubbish? If you think the answer is yes you might be interested to hear that the Economist magazine - that bastion of free market economics - agrees with you. OK, so I'm exaggerating. It doesn't think

  • Are we all long-termists now?

    posted to BBC NEWS | Stephanomics on Tue 9th Jun 09

    The shadow chancellor has given a surprising speech this morning to the Association of British Insurers - well, surprising to those of us who did not imagine he was a fan of Will Hutton. I'll explain more in a minute. But, as an opener, Mr Osborne makes a fairly

Latest posts linking here

  • The end of growth?

    posted to Stumbling and Mumbling on Sun 20th Jun 10

    Further to my previous post, is there another similarity between now and the 1970s - that the causes of rapid economic growth in previous years are fading away?I mean, one reason why growth slowed in the 1970s was that a couple of the impetuses behind fast

  • Assorted Links

    posted to Mostly Economics on Fri 4th Jun 10

    Krugman takes on Raghuram Rajanand says govt agencies/policies did not lead to the crisisKrugman again emphasises US/UK debt is not a problemGulzar says tax cuts will not helpCowen says Germany is safeWSJ Blog says most don’t expect Fed to hike rates

  • The Economic Consequences of Mr. Hugh

    posted to A Fistful Of Euros » A Fistful Of Euros on Sun 30th May 10

    Edward Hugh and Paul Krugman and even Dani Rodrik are in agreement, as Ed meets the elite; although we don’t know how much Spain’s external account needs to swing towards surplus in order to get the economy growing, we know it needs to be going