Thursday, May 28, 2015

Skidelsky and Ferguson Debate Austerity

Robert Skidelsky and Niall Ferguson

Ever since Britain’s Conservative government took office in 2010, Keynesian advocates of government stimulus have heaped scorn on Chancellor of the Exchequer George Osborne’s strategy of fiscal consolidation. As Lord Robert Skidelsky, Professor Emeritus of Political Economy at Warwick University, and Niall Ferguson, Professor of History at Harvard University, amply demonstrate, the argument over whether Osborne’s policies have succeeded remains heated.

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