Romney says uncertainty over micro policy is hurting the economy. More likely it is Keynesian uncertainty over demand | Gavyn Davies FT

Cropped picture of Joseph Stiglitz, U.S. econo...

Keynesian Economics
Keynesian Economics (Photo credit: Seabamirum)
English: Paul Krugman at the 2010 Brooklyn Boo...

English: Paul Krugman at the 2010 Brooklyn Book Festival. (Photo credit: Wikipedia)

This is an excellent blog by Gavyn Davies, the macro-economist, writing in the FT. Check it out!

The plague of economic uncertainty | Gavyn Davies.

Personally, I am with Nobel prize winners Joe Stiglitz and Paul Krugman who argue that the time for massive Keynesian intervention to stimulate growth is overdue.

Do you think that Mitt Romney’s economic policies are a bit flakey?

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NHS ‘brand’ could be sold overseas to generate income for hospitals | Society | The Guardian

English: NHS logo

English: NHS logo (Photo credit: Wikipedia)

Second Life: National Health Service (UK):

Second Life: National Health Service (UK): (Photo credit: rosefirerising)

Second Life: National Health Service (UK):

Second Life: National Health Service (UK): (Photo credit: rosefirerising)

This is a truly amazing story reported in the Guardian. Check it out!

NHS ‘brand’ could be sold overseas to generate income for hospitals | Society | The Guardian.

………………………………..With the NHS declining into an omni-

Prime LONDON, UNITED KINGDOM - JUNE 14: Health...

Prime LONDON, UNITED KINGDOM – JUNE 14: Health Secretary Andrew Lansley (R) speaks beside Prime Minister David Cameron (C) and Deputy Prime Minister Nick Clegg as they address hospital staff and media at Guy’s Hospital on June 14, 2011 in London, England. The Prime Minister is today announcing changes to his controversial reforms to the National Health Service. (Image credit: Getty Images via @daylife)

shambles under David Cameron‘s leadership, here is a what looks like a sneaky attempt to deflect attention. For me here are some obvious public questions:

  1. If NHS managers cannot run the current NHS efficiently, why should they be able to run a commercial organization which is well beyond their capabilities?
  2. Surely, spare cash at the margin in the NHS, should go towards front-line services, like patient care and drugs which are already being rationed under David Cameron’s austerity drive?
  3. If parts of the NHS has potential value, surely it is better to outsource it immediately, thus paving the way for faster outsourcing of the NHS proper?

What do you think?

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