A short talk here by Robert Skidelsky to the Institute of International and European Affairs (IIEA) on the aftermath of the great recession of 2008 to 2009, and the disaster of contractionary fiscal policy in the UK.
Skidelsky shatters the pro-austerity myths of the Tory-Lib Dem coalition currently ruling Britain.
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Lord Keynes, thank you for your blog posts. As a recent economics graduate, they are a very good insight into the pervasive myths of mainstream economic orthodoxy and internet Austrian dogma. I was wondering, are you ever going to tackle public choice theory which is a popular talking point for those arguing about government failure. Otherwise, where could one find good literature on the subject?
ReplyDeleteCheers,
D
A good start is:
DeletePressman, S. 2004. “What is Wrong with Public Choice?,” Journal of Post Keynesian Economics 27.1: 3-18.
Went to these when Keen spoke at them. Not sure how many people were actually listening (full of VSPs). But they occasionally get good speakers -- and free coffee.
ReplyDeleteThey didn't know what they were missing!
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