In the News
Cutting spending can be expansionary
Jim Riley
12th August 2015
The key aim of George Osborne’s economic policy has been to eliminate the financial deficit of the public sector. The main way of trying to achieve has been to squeeze public spending. The orthodox economic textbooks maintain that this withdraws demand from the economy, and so leads to the growth rate being slower than it would otherwise be.
- Economics
- Blog
- In the News
- Paul Ormerod
- Fiscal Policy
- Fiscal Multiplier
- Fiscal Austerity
- Fiscal stimulus
Jim Riley
Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.
You might also like
A Tale of Two Financial Crises: the 1930s and Now
16th December 2014
Why cricket is like spam
21st July 2015
Direct and Indirect Taxes
Topic Videos
In Praise of Thomas Schelling
13th January 2017
Driverless Lorries and the Luddite Tendency
30th August 2017
Apps proliferate but do they actually lift productivity?
12th February 2020
