Extreme austerity is the wrong medicine
Van Reenen, J.
(2010).
Extreme austerity is the wrong medicine.
(2010).
Extreme austerity is the wrong medicine.
Increasing numbers of liberal economists are gravely worried that the UK has made a wrong turn in choosing an austerity budget. Here Professor John Van Reenen, Director of the LSE’s Centre for Economic Performance, explains why the budget measures fulfil only a political logic, and risk creating a double-dip recession.