Wednesday, 7 February 2018

Academic knowledge of about economic policy is not just another opinion

This is the title of the latest missive from Simon Wren-Lewis of Mainly Macro fame.

It is an interesting and typical thoughtful piece.

In it he argues economists did argue for the right policies to counter the GFC.

One part was his writing about the 364 economist who warned Thatcher. They were CORRECT. The Tight 1981 budget put off recovery!