Monthly Archives: January 2014

Another thought on the Coalition’s attempt to manage expectations about fiscal policy. My last post on the Coalition’s fiscal policy, in a nutshell, said that although the eventual path of the deficit, ex post, turned out not too far wrong, … Continue reading →

For some Friday night fun, and, caution, after a day grinding through DSGE models of credit frictions, preparing for an MSc Masters module at Bristol later this year, I thought I would comment on Noah Smith’s typically entertaining macro-smackdown. For … Continue reading →

George Osborne and fellow Conservatives are attempting – seemingly with success – to run the argument that the fact that the economy is now growing quickly proves that their austerity policy was the right one.  The message gets pumped out … Continue reading →