Fiscal contractions to reduce deficits can only slow down therecovery: Richard Layard explains the manifesto for economic sense

Layard, RichardORCID logo (2012) Fiscal contractions to reduce deficits can only slow down therecovery: Richard Layard explains the manifesto for economic sense. [Online resource]
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Richard Layard discusses his ‘Manifesto for Economic Sense’, co-authored with with Paul Krugman, which argues that fiscal deficits are due to stagnation, and that further austerity to reduce deficits will only slow down the recovery.


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