Tuesday 22 November 2011

Austerity Is Not the Solution to the Great Recession

THE INDEPENDENT – BLOGS – GLEN O’HARA: What do about the Great Recession? The answer of the Chancellor of the Exchequer, George Osborne, has thus far been to cut, cut and cut again. And when he presents his Autumn Statement to the House of Commons next week, the Chancellor is expected to stick to the austerity script. But the intellectual rationale for this prescription is tenuous at best.

In fact, most governments – and especially that of the United Kingdom – are running hard in the wrong direction. … Read on and comment » | Glen O’Hara | Eagle Eye | Tuesday, November 22, 2011

Dr Glen O’Hara is Reader in the History of Public Policy at Oxford Brookes University. His new book, ‘Governing Post-War Britain: The Paradoxes of Progress’, will be published early in 2012 by Palgrave Macmillan. He blogs, in a personal capacity, at http://publicpolicypast.blogspot.com/.