‘To cut spending in a slump is just wrong’: Lord Skidelsky on austerity and why Keynes matters

Interview in House Magazine By Geoffrey Lyons In a 2015 article for Project Syndicate, historian Niall Ferguson accused Lord Robert Skidelsky of being “un-Keynesian” for refusing to admit that George Osborne’s austerity policies worked. Skidelsky’s position, Ferguson argued, wasn’t true to the great economist-statesman’s view that one ought to adjust their beliefs in the face … Continue reading ‘To cut spending in a slump is just wrong’: Lord Skidelsky on austerity and why Keynes matters