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Kwasi Kwarteng
31 May 2012
4 comments

Britain currently has two emergency fiscal rules. There is a commitment, roughly speaking, to eliminate the structural deficit and to start shrinking net debt by 2015-6. These short term measures...
Philip Booth
15 April 2011
3 comments

In June 2011 an editorial article appeared in the Royal Economic Society newsletter which seemed to sympathise with attacks on what it called ‘deficit fetishism’. Not quite the legions...