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The economic consequences of fiscal consolidation
G. R. Steele
29 November 2010
1 comment

In the 1920s, the UK economy was deflated as a prelude to the restoration of the gold standard. The Chancellor responsible was Winston S. Churchill. In opposing that policy, John Maynard Keynes...
A Post-Keynesian sleight of hand
G. R. Steele
19 November 2010
2 comments

As one set of economists warns that rapid debt reduction is likely to plunge the economy into deep recession, another set argues that debt reduction is essential to restore financial stability and...
There is no such thing as society
G. R. Steele
30 September 2009
22 comments

A comment from a Woman’s Own interview in 1987 is often repeated, but rarely in context:  ”There is no such thing as society”. Its relevance was made explicit with the...

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