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Monday, 31 December 2012

Stagnating Economy

Ending the year with Robert Skidelsky's assessment of where economic policy went wrong.  I think he overestimates the universality of the error.  A lot of people saw the likely effect of austerity but George Osborne persisted anyway.  Less obvious was the limited effect of quantitative easing which has failed to stimulate the economy or lead to higher inflation.

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