Douglas Carswell's Blog

Keynesianism is dead

Vince Cable has apparently told the New Statesman that John Keynes would support Coalition policy if he was around today.

Isn't that the problem?

Racking up ever higher public spending and debt is not the way to sustainable economic growth.

There may have been a change of ministers but since the General Election, the political elite still believe that the economy grows because we consume more.  The truth is that we are able to consume more because the economy grows. 

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