Should-Read: Simon Wren-Lewis: The academic consensus on austerity solidifies, but policymakers go their own sweet way: “Any fiscal expansion in the US would not be for Keynesian reasons… …There remains a clear and rather urgent need for a large increase in public investment financed by borrowing, but that seems unlikely to happen. What we are … Continue reading Should-Read: Simon Wren-Lewis: The academic consensus on austerity solidifies, but policymakers go their own sweet way