Stephen Beer, Blog, Stephen Beer

Stephen Beer (www.stephenbeer.com)

Monday, December 15, 2008

Sunday reading on the financial crisis

Spend or save? Free-marketeers and the Keynesians row over the road to salvation

Will Hutton
The Observer, Sunday 14 December 2008

It is one of the most undiplomatic and swingeing criticisms of a fellow European government by another that I can remember. The description by Peer Steinbr├╝ck, Germany's Social Democratic finance minister, of Gordon Brown's switch from conservative free-market policies 'all the way to crass Keynesianism' must have had Brown spitting blood.
Will Hutton: Free-marketeers and the Keynesians row over the road to economic recovery | Business | The Observer

Worth a read from yesterday's Observer.

No comments: